SBA loans to Kilwins Chocolates and Ice Cream Store 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 FY2018, 80 SBA loan approvals worth $40.5M carry the Kilwins Chocolates and Ice Cream Store franchise code, 47 of them in FY2021 to FY2025.

In FY2025 there were 9, down 25% on FY2024. The average approval in the five-year window was $551K.

25 lenders made the FY2021 to FY2025 loans across 18 states; the most active were The Huntington National Bank (15), Happen Bank (3) and Ameris Bank (2).

These are loans to independent franchise owners, not to the franchisor.

80approvals since FY2018$40.5M

47approvals, FY2021–FY2025FY2025: 9

$551Kaverage approval, FY2021–FY2025all SBA loans: $573K

25lenders, FY2021–FY202518 states

—loans approved FY2010–FY2021 charged offall SBA loans: 6.0%

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	$6.0M	$548K	0	97
FY2025	9	$6.2M	$685K	0	139
FY2024	12	$5.7M	$473K	0	129
FY2023	12	$5.1M	$422K	0	169
FY2022	9	$6.7M	$745K	0	205
FY2021	5	$2.3M	$456K	0	72
FY2020	7	$3.0M	$422K	1	112
FY2019	5	$2.4M	$472K	0	83
FY2018	10	$3.3M	$330K	0	121
FY2017	0	—	—	0	0
FY2016	0	—	—	0	0

SBA's franchise field lists the brand as "Kilwins Chocolates and Ice Cream Store". Codes SBA has used for the same brand name are added together.

Charge-off cohort rate

Kilwins Chocolates and Ice Cream Store franchisestoo few

All SBA 7(a) and 504 loans6.0%

Share of disbursed loans approved FY2010–FY2021 that SBA records as charged off. A brand's rate reflects when and where its franchise owners borrowed and how much, as well as the brand.

Loans approved FY2010–FY2021	Kilwins Chocolates and Ice Cream Store	All SBA loans
Approvals in these years	27	725,496
Cancelled or never disbursed	2	91,827
Disbursed loans	25	633,669
Paid in full	14	471,304
Charged off	1	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	15	$5.8M	31.9%
2	Happen BankLehi, UT	3	$1.9M	6.4%
3	Ameris BankAtlanta, GA	2	—	4.3%
4	Citizens BankElizabethton, TN	2	—	4.3%
5	Pinnacle BankNashville, TN	2	—	4.3%
6	First Commonwealth BankIndiana, PA	2	—	4.3%
7	United Community BankGreenville, SC	2	—	4.3%
8	Manufacturers and Traders Trust CompanyBuffalo, NY	2	—	4.3%
9	Renasant BankTupelo, MS	1	—	2.1%
10	Beacon Bank and TrustBrookline, MA	1	—	2.1%
11	First Business BankMadison, WI	1	—	2.1%
12	Dime Commercial BankHauppauge, NY	1	—	2.1%
13	First Bank of the LakeOsage Beach, MO	1	—	2.1%
14	First Internet Bank of IndianaFishers, IN	1	—	2.1%
15	Blue Ridge Bank National AssociationMartinsville, VA	1	—	2.1%

States

#	State of the business, FY2021–FY2025	Approvals	Share
1	Florida	10	21.3%
2	Georgia	8	17.0%
3	Texas	7	14.9%
4	Michigan	5	10.6%
5	Virginia	2	4.3%
6	Alabama	2	4.3%
7	Pennsylvania	2	4.3%
8	Oklahoma	1	2.1%
9	New York	1	2.1%
10	Louisiana	1	2.1%
11	Tennessee	1	2.1%
12	Kentucky	1	2.1%
13	Connecticut	1	2.1%
14	North Carolina	1	2.1%
15	Illinois	1	2.1%

Filed under

#	Industry group	Approvals	Share
1	Restaurants and Other Eating PlacesNAICS 7225	21	44.7%
2	Specialty Food StoresNAICS 4452	18	38.3%
3	Sugar and Confectionery Product ManufacturingNAICS 3113	3	6.4%
4	Special Food ServicesNAICS 7223	2	4.3%
5	Dairy Product ManufacturingNAICS 3115	2	4.3%

Approval sizes

$50,000 or less14.9%7
$50,001 to $150,0002.1%1
$150,001 to $350,00012.8%6
$350,001 to $1 million66.0%31
$1 million to $2 million2.1%1
Over $2 million2.1%1

Age of the businesses

Existing, more than 2 years old21.3%10
New business, 2 years or less10.6%5
Startup, loan funds will open the business55.3%26
Change of ownership12.8%6

Questions and answers

How many SBA loans go to Kilwins Chocolates and Ice Cream Store franchises?

80 approvals since FY2018, worth $40.5M; 47 in FY2021 to FY2025.

Which lenders make SBA loans for Kilwins Chocolates and Ice Cream Store franchises?

By approvals in FY2021 to FY2025: The Huntington National Bank (15), Happen Bank (3), Ameris Bank (2), Citizens Bank (2), Pinnacle Bank (2).

How large is a typical SBA loan for a Kilwins Chocolates and Ice Cream Store franchise?

The average approval in FY2021 to FY2025 was $551K.

What share of Kilwins Chocolates and Ice Cream Store 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 Kilwins Chocolates and Ice Cream Store franchises rising?

Approvals in the three latest complete fiscal years total 33, against 21 in the three before: rising (+57%).

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