Franchise brands › Nothing Bundt Cakes
Franchise brand325 approvals since FY2010
SBA loans to Nothing Bundt Cakes 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 325 loan approvals since FY2010 under the Nothing Bundt Cakes franchise brand, worth $158M; 152 of them came in FY2021 to FY2025.
In FY2025 there were 23, about level with FY2024. The average approval in the five-year window was $623K, and 3 of the approvals were 504 loans.
28 lenders made the FY2021 to FY2025 loans across 35 states; the most active were America First Federal Credit Union (36), The Huntington National Bank (12) and KeyBank National Association (8).
Of loans approved in FY2010 to FY2021 and disbursed, SBA records 0.0% as charged off, below the 6.0% for all SBA loans from those years. The figures describe loans to independent franchise owners, not 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 | $5.4M | $670K | 0 | 142 |
| FY2025 | 23 | $17.7M | $768K | 2 | 510 |
| FY2024 | 22 | $14.3M | $652K | 0 | 600 |
| FY2023 | 27 | $15.7M | $581K | 0 | 565 |
| FY2022 | 33 | $17.1M | $520K | 0 | 851 |
| FY2021 | 47 | $29.9M | $636K | 1 | 1,135 |
| FY2020 | 16 | $7.3M | $458K | 0 | 388 |
| FY2019 | 35 | $13.1M | $375K | 0 | 658 |
| FY2018 | 21 | $7.3M | $349K | 0 | 442 |
| FY2017 | 17 | $5.5M | $326K | 0 | 397 |
| FY2016 | 26 | $8.4M | $321K | 0 | 570 |
SBA's franchise field lists the brand as "NOTHING BUNDT CAKES"; "Nothing Bundt Cakes". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Nothing Bundt Cakes | All SBA loans |
|---|---|---|
| Approvals in these years | 212 | 725,496 |
| Cancelled or never disbursed | 22 | 91,827 |
| Disbursed loans | 190 | 633,669 |
| Paid in full | 153 | 471,304 |
| Charged off | 0 | 37,796 |
| Still outstanding (status exempt from disclosure) | 37 | 124,569 |
| Charged off, share of disbursed loans | 0.0% | 6.0% |
| Dollars charged off, share of disbursed dollars | 0.0% | 2.2% |
| Dollars charged off | $0 | $6.20bn |
Lenders
| # | Lender, FY2021–FY2025 | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | America First Federal Credit UnionRiverdale, UT | 36 | $18.5M | 23.7% | |
| 2 | The Huntington National BankColumbus, OH | 12 | $4.2M | 7.9% | |
| 3 | KeyBank National AssociationCleveland, OH | 8 | $3.4M | 5.3% | |
| 4 | Potomac BankCharles Town, WV | 7 | $4.2M | 4.6% | |
| 5 | United Community BankGreenville, SC | 6 | $4.5M | 3.9% | |
| 6 | SouthState Bank, National AssociationWinter Haven, FL | 6 | $3.1M | 3.9% | |
| 7 | The Bancorp Bank National AssociationSioux Falls, SD | 4 | $2.8M | 2.6% | |
| 8 | Decatur County BankDecaturville, TN | 4 | $2.4M | 2.6% | |
| 9 | Readycap Lending, LLCBerkeley Heights, NJ | 3 | $5.6M | 2.0% | |
| 10 | PNC Bank, National AssociationWilmington, DE | 3 | $3.1M | 2.0% | |
| 11 | Paragon BankMemphis, TN | 3 | $2.0M | 2.0% | |
| 12 | First Internet Bank of IndianaFishers, IN | 3 | $2.0M | 2.0% | |
| 13 | Stearns Bank National AssociationSaint Cloud, MN | 3 | $1.2M | 2.0% | |
| 14 | Susser BankDallas, TX | 2 | — | 1.3% | |
| 15 | Amerant Bank, National AssociationCoral Gables, FL | 2 | — | 1.3% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | Virginia | 13 | 8.6% | |
| 2 | Texas | 11 | 7.2% | |
| 3 | Pennsylvania | 11 | 7.2% | |
| 4 | Indiana | 10 | 6.6% | |
| 5 | California | 9 | 5.9% | |
| 6 | New York | 8 | 5.3% | |
| 7 | Florida | 8 | 5.3% | |
| 8 | Tennessee | 7 | 4.6% | |
| 9 | Michigan | 7 | 4.6% | |
| 10 | Maryland | 7 | 4.6% | |
| 11 | Illinois | 6 | 3.9% | |
| 12 | Georgia | 6 | 3.9% | |
| 13 | Ohio | 6 | 3.9% | |
| 14 | Washington | 5 | 3.3% | |
| 15 | South Carolina | 4 | 2.6% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Bakeries and Tortilla ManufacturingNAICS 3118 | 95 | 62.5% | |
| 2 | Specialty Food StoresNAICS 4452 | 46 | 30.3% | |
| 3 | Restaurants and Other Eating PlacesNAICS 7225 | 8 | 5.3% | |
| 4 | Special Food ServicesNAICS 7223 | 3 | 2.0% |
Approval sizes
- $50,000 or less5.3%8
- $50,001 to $150,0003.9%6
- $150,001 to $350,0005.9%9
- $350,001 to $1 million80.3%122
- $1 million to $2 million2.6%4
- Over $2 million2.0%3
Age of the businesses
- Existing, more than 2 years old13.8%21
- New business, 2 years or less16.4%25
- Startup, loan funds will open the business66.4%101
- Change of ownership3.3%5
Questions and answers
How many SBA loans go to Nothing Bundt Cakes franchises?
325 approvals since FY2010, worth $158M; 152 in FY2021 to FY2025.
Which lenders make SBA loans for Nothing Bundt Cakes franchises?
By approvals in FY2021 to FY2025: America First Federal Credit Union (36), The Huntington National Bank (12), KeyBank National Association (8), Potomac Bank (7), United Community Bank (6).
How large is a typical SBA loan for a Nothing Bundt Cakes franchise?
The average approval in FY2021 to FY2025 was $623K.
What share of Nothing Bundt Cakes SBA loans are charged off?
Of 190 disbursed loans approved in FY2010 to FY2021, 0 (0.0%) are recorded as charged off; for all SBA loans from those years the figure is 6.0%.
Are SBA loans to Nothing Bundt Cakes franchises rising?
Approvals in the three latest complete fiscal years total 72, against 96 in the three before: falling (-25%).
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