Franchise brands › Capriotti's Sandwich Shop
Franchise brand66 approvals since FY2011
SBA loans to Capriotti's Sandwich Shop 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 FY2011, 66 SBA loan approvals worth $27.7M carry the Capriotti's Sandwich Shop franchise code, 42 of them in FY2021 to FY2025.
In FY2025 there were 9. The average approval in the five-year window was $457K.
20 lenders made the FY2021 to FY2025 loans across 18 states; the most active were The Huntington National Bank (12), First Bank of the Lake (6) and Wilmington Savings Fund Society FSB (4).
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* | 2 | — | — | 0 | 150 |
| FY2025 | 9 | $3.7M | $411K | 0 | 71 |
| FY2024 | 4 | $1.6M | $389K | 0 | 31 |
| FY2023 | 5 | $2.6M | $516K | 0 | 136 |
| FY2022 | 10 | $5.3M | $529K | 0 | 225 |
| FY2021 | 14 | $6.1M | $435K | 0 | 391 |
| FY2020 | 8 | $3.2M | $398K | 0 | 159 |
| FY2019 | 3 | $715K | $238K | 0 | 40 |
| FY2018 | 3 | $1.3M | $421K | 0 | 56 |
| FY2017 | 2 | — | — | 0 | 50 |
| FY2016 | 2 | — | — | 0 | 23 |
SBA's franchise field lists the brand as "CAPRIOTTI'S SANDWICH SHOP"; "Capriotti's Sandwich Shop". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Capriotti's Sandwich Shop | All SBA loans |
|---|---|---|
| Approvals in these years | 36 | 725,496 |
| Cancelled or never disbursed | 9 | 91,827 |
| Disbursed loans | 27 | 633,669 |
| Paid in full | 17 | 471,304 |
| Charged off | 0 | 37,796 |
| Still outstanding (status exempt from disclosure) | 10 | 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 | The Huntington National BankColumbus, OH | 12 | $3.5M | 28.6% | |
| 2 | First Bank of the LakeOsage Beach, MO | 6 | $4.2M | 14.3% | |
| 3 | Wilmington Savings Fund Society FSBWilmington, DE | 4 | $1.5M | 9.5% | |
| 4 | Coastal States BankHilton Head Island, SC | 3 | $1.4M | 7.1% | |
| 5 | KeyBank National AssociationCleveland, OH | 2 | — | 4.8% | |
| 6 | The Bancorp Bank National AssociationSioux Falls, SD | 1 | — | 2.4% | |
| 7 | Milestone BankSalt Lake City, UT | 1 | — | 2.4% | |
| 8 | Academy Bank National AssociationKansas City, MO | 1 | — | 2.4% | |
| 9 | Evolve Bank and TrustWest Memphis, AR | 1 | — | 2.4% | |
| 10 | United Community BankGreenville, SC | 1 | — | 2.4% | |
| 11 | Wings Credit UnionColorado Springs, CO | 1 | — | 2.4% | |
| 12 | Fund-Ex Solutions Group, LLCDavie, FL | 1 | — | 2.4% | |
| 13 | Midwest Regional BankFestus, MO | 1 | — | 2.4% | |
| 14 | Wells Fargo Bank National AssociationSioux Falls, SD | 1 | — | 2.4% | |
| 15 | PBandT BankPueblo, CO | 1 | — | 2.4% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | California | 7 | 16.7% | |
| 2 | Pennsylvania | 7 | 16.7% | |
| 3 | Colorado | 4 | 9.5% | |
| 4 | Alabama | 3 | 7.1% | |
| 5 | Ohio | 3 | 7.1% | |
| 6 | Texas | 2 | 4.8% | |
| 7 | Arizona | 2 | 4.8% | |
| 8 | Nevada | 2 | 4.8% | |
| 9 | Virginia | 2 | 4.8% | |
| 10 | Illinois | 2 | 4.8% | |
| 11 | Hawaii | 1 | 2.4% | |
| 12 | Florida | 1 | 2.4% | |
| 13 | Maryland | 1 | 2.4% | |
| 14 | Missouri | 1 | 2.4% | |
| 15 | Idaho | 1 | 2.4% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 42 | 100.0% |
Approval sizes
- $50,000 or less11.9%5
- $50,001 to $150,0002.4%1
- $150,001 to $350,00014.3%6
- $350,001 to $1 million71.4%30
Age of the businesses
- Existing, more than 2 years old4.8%2
- New business, 2 years or less9.5%4
- Startup, loan funds will open the business81.0%34
- Change of ownership4.8%2
Questions and answers
How many SBA loans go to Capriotti's Sandwich Shop franchises?
66 approvals since FY2011, worth $27.7M; 42 in FY2021 to FY2025.
Which lenders make SBA loans for Capriotti's Sandwich Shop franchises?
By approvals in FY2021 to FY2025: The Huntington National Bank (12), First Bank of the Lake (6), Wilmington Savings Fund Society FSB (4), Coastal States Bank (3), KeyBank National Association (2).
How large is a typical SBA loan for a Capriotti's Sandwich Shop franchise?
The average approval in FY2021 to FY2025 was $457K.
What share of Capriotti's Sandwich Shop 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 Capriotti's Sandwich Shop franchises rising?
Approvals in the three latest complete fiscal years total 18, against 32 in the three before: falling (-44%).
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