Franchise brands › Bahama Buck's Original Shaved Ice Company
Franchise brand58 approvals since FY2017
SBA loans to Bahama Buck's Original Shaved Ice Company franchises
Approvals SBA files under the brand's franchise code. The loans are to independent franchise owners; this page describes the brand in aggregate and no franchisee.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
Since FY2017, 58 SBA loan approvals worth $47.5M carry the Bahama Buck's Original Shaved Ice Company franchise code, 32 of them in FY2021 to FY2025.
In FY2025 there were 10. The average approval in the five-year window was $908K, and 2 of the approvals were 504 loans.
18 lenders made the FY2021 to FY2025 loans across 9 states; the most active were Capital One National Association (8), Bank Five Nine (4) and Mission Valley Bank (2).
These are loans to independent franchise owners, not to the franchisor.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Loans by fiscal year
| Fiscal year | Approvals | Dollars approved | Average approval | of which 504 | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 11 | $12.0M | $1.1M | 1 | 263 |
| FY2025 | 10 | $12.4M | $1.2M | 0 | 227 |
| FY2024 | 4 | $3.3M | $814K | 0 | 55 |
| FY2023 | 6 | $4.8M | $798K | 0 | 173 |
| FY2022 | 7 | $4.6M | $660K | 1 | 116 |
| FY2021 | 5 | $4.0M | $798K | 1 | 149 |
| FY2020 | 2 | — | — | 0 | 79 |
| FY2019 | 5 | $1.1M | $219K | 0 | 62 |
| FY2018 | 7 | $2.7M | $390K | 0 | 273 |
| FY2017 | 1 | — | — | 1 | 6 |
| FY2016 | 0 | — | — | 0 | 0 |
SBA's franchise field lists the brand as "Bahama Buck's Original Shaved Ice Company". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Bahama Buck's Original Shaved Ice Company | All SBA loans |
|---|---|---|
| Approvals in these years | 20 | 725,496 |
| Cancelled or never disbursed | 2 | 91,827 |
| Disbursed loans | 18 | 633,669 |
| Paid in full | 9 | 471,304 |
| Charged off | 1 | 37,796 |
| Still outstanding (status exempt from disclosure) | 8 | 124,569 |
| Charged off, share of disbursed loans | too few loans | 6.0% |
| Dollars charged off, share of disbursed dollars | too few loans | 2.2% |
| Dollars charged off | — | $6.20bn |
Lenders
| # | Lender, FY2021–FY2025 | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Capital One National AssociationMcLean, VA | 8 | $10.6M | 25.0% | |
| 2 | Bank Five NineOconomowoc, WI | 4 | $3.1M | 12.5% | |
| 3 | Mission Valley BankSun Valley, CA | 2 | — | 6.3% | |
| 4 | Texas Security BankDallas, TX | 2 | — | 6.3% | |
| 5 | Readycap Lending, LLCBerkeley Heights, NJ | 2 | — | 6.3% | |
| 6 | Western Commerce BankCarlsbad, NM | 2 | — | 6.3% | |
| 7 | First Merchants BankIndianapolis, IN | 1 | — | 3.1% | |
| 8 | Rural Missouri, Inc.Jefferson City, MO · CDC | 1 | — | 3.1% | |
| 9 | The Bank of ClovisClovis, NM | 1 | — | 3.1% | |
| 10 | First Internet Bank of IndianaFishers, IN | 1 | — | 3.1% | |
| 11 | Centennial BankConway, AR | 1 | — | 3.1% | |
| 12 | The Huntington National BankColumbus, OH | 1 | — | 3.1% | |
| 13 | Third Coast BankHumble, TX | 1 | — | 3.1% | |
| 14 | Frost BankSan Antonio, TX | 1 | — | 3.1% | |
| 15 | Glacier BankKalispell, MT | 1 | — | 3.1% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | Texas | 17 | 53.1% | |
| 2 | Arizona | 4 | 12.5% | |
| 3 | New Mexico | 4 | 12.5% | |
| 4 | Florida | 2 | 6.3% | |
| 5 | Missouri | 1 | 3.1% | |
| 6 | Maryland | 1 | 3.1% | |
| 7 | Alabama | 1 | 3.1% | |
| 8 | Kansas | 1 | 3.1% | |
| 9 | Georgia | 1 | 3.1% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 29 | 90.6% | |
| 2 | Direct Selling EstablishmentsNAICS 4543 | 1 | 3.1% | |
| 3 | Dairy Product ManufacturingNAICS 3115 | 1 | 3.1% | |
| 4 | Lessors of Real EstateNAICS 5311 | 1 | 3.1% |
Approval sizes
- $150,001 to $350,0009.4%3
- $350,001 to $1 million59.4%19
- $1 million to $2 million25.0%8
- Over $2 million6.3%2
Age of the businesses
- Existing, more than 2 years old18.8%6
- New business, 2 years or less21.9%7
- Startup, loan funds will open the business46.9%15
- Change of ownership12.5%4
Questions and answers
How many SBA loans go to Bahama Buck's Original Shaved Ice Company franchises?
58 approvals since FY2017, worth $47.5M; 32 in FY2021 to FY2025.
Which lenders make SBA loans for Bahama Buck's Original Shaved Ice Company franchises?
By approvals in FY2021 to FY2025: Capital One National Association (8), Bank Five Nine (4), Mission Valley Bank (2), Texas Security Bank (2), Readycap Lending, LLC (2).
How large is a typical SBA loan for a Bahama Buck's Original Shaved Ice Company franchise?
The average approval in FY2021 to FY2025 was $908K.
What share of Bahama Buck's Original Shaved Ice Company SBA loans are charged off?
There are fewer than 30 disbursed loans from the matured approval years, too few for a rate.
Are SBA loans to Bahama Buck's Original Shaved Ice Company franchises rising?
Approvals in the three latest complete fiscal years total 20, against 14 in the three before: rising (+43%).
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error