Franchise brands › Cinnaholic
Franchise brand61 approvals since FY2017
SBA loans to Cinnaholic 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, 61 SBA loan approvals worth $16.0M carry the Cinnaholic franchise code, 43 of them in FY2021 to FY2025.
In FY2025 there were 8, down 33% on FY2024. The average approval in the five-year window was $260K.
17 lenders made the FY2021 to FY2025 loans across 16 states; the most active were The Huntington National Bank (21), First Bank of the Lake (3) and Old National Bank (3).
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* | 4 | $1.6M | $400K | 0 | 41 |
| FY2025 | 8 | $2.0M | $256K | 0 | 74 |
| FY2024 | 12 | $3.3M | $273K | 0 | 141 |
| FY2023 | 8 | $2.0M | $253K | 0 | 164 |
| FY2022 | 10 | $2.9M | $293K | 0 | 158 |
| FY2021 | 5 | $900K | $180K | 0 | 64 |
| FY2020 | 6 | $1.6M | $275K | 0 | 68 |
| FY2019 | 4 | $763K | $191K | 0 | 45 |
| FY2018 | 3 | $641K | $214K | 0 | 49 |
| FY2017 | 1 | — | — | 0 | 15 |
| FY2016 | 0 | — | — | 0 | 0 |
SBA's franchise field lists the brand as "Cinnaholic". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Cinnaholic | All SBA loans |
|---|---|---|
| Approvals in these years | 19 | 725,496 |
| Cancelled or never disbursed | 2 | 91,827 |
| Disbursed loans | 17 | 633,669 |
| Paid in full | 11 | 471,304 |
| Charged off | 0 | 37,796 |
| Still outstanding (status exempt from disclosure) | 6 | 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 | 21 | $4.2M | 48.8% | |
| 2 | First Bank of the LakeOsage Beach, MO | 3 | $1.2M | 7.0% | |
| 3 | Old National BankEvansville, IN | 3 | $586K | 7.0% | |
| 4 | Mechanics and Farmers BankDurham, NC | 2 | — | 4.7% | |
| 5 | Citizens BankElizabethton, TN | 2 | — | 4.7% | |
| 6 | Primis BankTappahannock, VA | 1 | — | 2.3% | |
| 7 | Pinnacle BankNashville, TN | 1 | — | 2.3% | |
| 8 | Stellar BankHouston, TX | 1 | — | 2.3% | |
| 9 | Broadway National BankSan Antonio, TX | 1 | — | 2.3% | |
| 10 | Wheaton Bank & Trust Company, National AssociationWheaton, IL | 1 | — | 2.3% | |
| 11 | First Command BankFort Worth, TX | 1 | — | 2.3% | |
| 12 | U.S. Bank, National AssociationCincinnati, OH | 1 | — | 2.3% | |
| 13 | Farmers State BankWaterloo, IA | 1 | — | 2.3% | |
| 14 | Magnifi Financial CUMelrose, MN | 1 | — | 2.3% | |
| 15 | Newtek Small Business Finance, Inc.Lake Success, NY | 1 | — | 2.3% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | Texas | 10 | 23.3% | |
| 2 | Virginia | 5 | 11.6% | |
| 3 | North Carolina | 4 | 9.3% | |
| 4 | Indiana | 4 | 9.3% | |
| 5 | South Carolina | 4 | 9.3% | |
| 6 | Georgia | 3 | 7.0% | |
| 7 | New Jersey | 3 | 7.0% | |
| 8 | Oklahoma | 2 | 4.7% | |
| 9 | Michigan | 1 | 2.3% | |
| 10 | Kentucky | 1 | 2.3% | |
| 11 | Illinois | 1 | 2.3% | |
| 12 | Pennsylvania | 1 | 2.3% | |
| 13 | Washington | 1 | 2.3% | |
| 14 | Iowa | 1 | 2.3% | |
| 15 | New York | 1 | 2.3% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 35 | 81.4% | |
| 2 | Specialty Food StoresNAICS 4452 | 4 | 9.3% | |
| 3 | Bakeries and Tortilla ManufacturingNAICS 3118 | 4 | 9.3% |
Approval sizes
- $50,000 or less23.3%10
- $50,001 to $150,0002.3%1
- $150,001 to $350,00046.5%20
- $350,001 to $1 million27.9%12
Age of the businesses
- Existing, more than 2 years old2.3%1
- New business, 2 years or less4.7%2
- Startup, loan funds will open the business83.7%36
- Change of ownership9.3%4
Questions and answers
How many SBA loans go to Cinnaholic franchises?
61 approvals since FY2017, worth $16.0M; 43 in FY2021 to FY2025.
Which lenders make SBA loans for Cinnaholic franchises?
By approvals in FY2021 to FY2025: The Huntington National Bank (21), First Bank of the Lake (3), Old National Bank (3), Mechanics and Farmers Bank (2), Citizens Bank (2).
How large is a typical SBA loan for a Cinnaholic franchise?
The average approval in FY2021 to FY2025 was $260K.
What share of Cinnaholic 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 Cinnaholic franchises rising?
Approvals in the three latest complete fiscal years total 28, against 21 in the three before: rising (+33%).
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