Franchise brands › Kona Ice
Franchise brand53 approvals since FY2013
SBA loans to Kona Ice 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.
SBA lists 53 loan approvals since FY2013 under the Kona Ice franchise brand, worth $11.6M; 22 of them came in FY2021 to FY2025.
In FY2025 there were 7. The average approval in the five-year window was $208K, and 5 of the approvals were 504 loans.
22 lenders made the FY2021 to FY2025 loans across 15 states; the most active were St. Charles County Economic Development Council (1), Harvest Small Business Finance, LLC (1) and 22nd State Bank, A Division of 22nd State Banking Company (1).
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* | 8 | $3.4M | $421K | 0 | 95 |
| FY2025 | 7 | $1.3M | $187K | 0 | 33 |
| FY2024 | 1 | — | — | 1 | 13 |
| FY2023 | 5 | $970K | $194K | 2 | 84 |
| FY2022 | 7 | $1.0M | $147K | 2 | 18 |
| FY2021 | 2 | — | — | 0 | 13 |
| FY2020 | 3 | $483K | $161K | 1 | 11 |
| FY2019 | 5 | $592K | $118K | 0 | 36 |
| FY2018 | 4 | $539K | $135K | 0 | 13 |
| FY2017 | 5 | $587K | $117K | 1 | 18 |
| FY2016 | 1 | — | — | 1 | 5 |
SBA's franchise field lists the brand as "KONA ICE"; "Kona Ice". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Kona Ice | All SBA loans |
|---|---|---|
| Approvals in these years | 25 | 725,496 |
| Cancelled or never disbursed | 1 | 91,827 |
| Disbursed loans | 24 | 633,669 |
| Paid in full | 17 | 471,304 |
| Charged off | 0 | 37,796 |
| Still outstanding (status exempt from disclosure) | 7 | 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 | St. Charles County Economic Development CouncilSt. Charles, MO · CDC | 1 | — | 4.5% | |
| 2 | Harvest Small Business Finance, LLCLaguna Hills, CA | 1 | — | 4.5% | |
| 3 | 22nd State Bank, A Division of 22nd State Banking CompanyMobile, AL | 1 | — | 4.5% | |
| 4 | DFCU FinancialDearborn, MI | 1 | — | 4.5% | |
| 5 | Indiana Statewide Certified Development CorporationIndianapolis, IN · CDC | 1 | — | 4.5% | |
| 6 | Community Bank of MississippiFlowood, MS | 1 | — | 4.5% | |
| 7 | 504 Capital CorporationChesapeake, VA · CDC | 1 | — | 4.5% | |
| 8 | Wings Credit UnionColorado Springs, CO | 1 | — | 4.5% | |
| 9 | Mortgage Capital Development CorporationOakland, CA · CDC | 1 | — | 4.5% | |
| 10 | Potomac BankCharles Town, WV | 1 | — | 4.5% | |
| 11 | The Park National BankNewark, OH | 1 | — | 4.5% | |
| 12 | First-Citizens Bank & Trust CompanyRaleigh, NC | 1 | — | 4.5% | |
| 13 | Everwise Credit UnionSouth Bend, IN | 1 | — | 4.5% | |
| 14 | Lendistry SBLC, LLCLos Angeles, CA | 1 | — | 4.5% | |
| 15 | Celtic Bank CorporationSalt Lake City, UT | 1 | — | 4.5% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | California | 4 | 18.2% | |
| 2 | Indiana | 2 | 9.1% | |
| 3 | Virginia | 2 | 9.1% | |
| 4 | Michigan | 2 | 9.1% | |
| 5 | New York | 2 | 9.1% | |
| 6 | Missouri | 1 | 4.5% | |
| 7 | Tennessee | 1 | 4.5% | |
| 8 | Florida | 1 | 4.5% | |
| 9 | Colorado | 1 | 4.5% | |
| 10 | West Virginia | 1 | 4.5% | |
| 11 | Ohio | 1 | 4.5% | |
| 12 | Arizona | 1 | 4.5% | |
| 13 | Nebraska | 1 | 4.5% | |
| 14 | Maryland | 1 | 4.5% | |
| 15 | Wisconsin | 1 | 4.5% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Special Food ServicesNAICS 7223 | 15 | 68.2% | |
| 2 | Restaurants and Other Eating PlacesNAICS 7225 | 4 | 18.2% | |
| 3 | Beverage ManufacturingNAICS 3121 | 1 | 4.5% | |
| 4 | Dairy Product ManufacturingNAICS 3115 | 1 | 4.5% | |
| 5 | Direct Selling EstablishmentsNAICS 4543 | 1 | 4.5% |
Approval sizes
- $50,000 or less9.1%2
- $50,001 to $150,00036.4%8
- $150,001 to $350,00040.9%9
- $350,001 to $1 million13.6%3
Age of the businesses
- Existing, more than 2 years old54.5%12
- New business, 2 years or less22.7%5
- Startup, loan funds will open the business18.2%4
- Change of ownership4.5%1
Questions and answers
How many SBA loans go to Kona Ice franchises?
53 approvals since FY2013, worth $11.6M; 22 in FY2021 to FY2025.
Which lenders make SBA loans for Kona Ice franchises?
By approvals in FY2021 to FY2025: St. Charles County Economic Development Council (1), Harvest Small Business Finance, LLC (1), 22nd State Bank, A Division of 22nd State Banking Company (1), DFCU Financial (1), Indiana Statewide Certified Development Corporation (1).
How large is a typical SBA loan for a Kona Ice franchise?
The average approval in FY2021 to FY2025 was $208K.
What share of Kona Ice 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 Kona Ice franchises rising?
Approvals in the three latest complete fiscal years total 13, against 12 in the three before: broadly level (+8%).
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