Franchise brands › PJ's Coffee of New Orleans
Franchise brand71 approvals since FY2015
SBA loans to PJ's Coffee of New Orleans 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 71 loan approvals since FY2015 under the PJ's Coffee of New Orleans franchise brand, worth $31.5M; 55 of them came in FY2021 to FY2025.
In FY2025 there were 4, down 75% on FY2024. The average approval in the five-year window was $475K, and 2 of the approvals were 504 loans.
22 lenders made the FY2021 to FY2025 loans across 10 states; the most active were The Huntington National Bank (14), United Community Bank (6) and Luminate Bank (6).
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 | 39 |
| FY2025 | 4 | $4.3M | $1.1M | 0 | 33 |
| FY2024 | 16 | $6.8M | $422K | 1 | 259 |
| FY2023 | 10 | $5.2M | $524K | 0 | 196 |
| FY2022 | 14 | $5.8M | $411K | 1 | 232 |
| FY2021 | 11 | $4.1M | $371K | 0 | 181 |
| FY2020 | 5 | $1.9M | $376K | 0 | 74 |
| FY2019 | 4 | $1.5M | $382K | 0 | 93 |
| FY2018 | 3 | $1.1M | $370K | 0 | 39 |
| FY2017 | 1 | — | — | 0 | 12 |
| FY2016 | 0 | — | — | 0 | 0 |
SBA's franchise field lists the brand as "PJ'S COFFEE OF NEW ORLEANS"; "PJ's Coffee of New Orleans". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | PJ's Coffee of New Orleans | All SBA loans |
|---|---|---|
| Approvals in these years | 25 | 725,496 |
| Cancelled or never disbursed | 5 | 91,827 |
| Disbursed loans | 20 | 633,669 |
| Paid in full | 9 | 471,304 |
| Charged off | 0 | 37,796 |
| Still outstanding (status exempt from disclosure) | 11 | 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 | 14 | $4.4M | 25.5% | |
| 2 | United Community BankGreenville, SC | 6 | $3.5M | 10.9% | |
| 3 | Luminate BankMinneapolis, MN | 6 | $2.5M | 10.9% | |
| 4 | First National Bank of PennsylvaniaGreenville, PA | 3 | $2.6M | 5.5% | |
| 5 | Midwest Regional BankFestus, MO | 3 | $1.0M | 5.5% | |
| 6 | TowneBankPortsmouth, VA | 3 | $577K | 5.5% | |
| 7 | Gulf Coast Bank and Trust CompanyNew Orleans, LA | 2 | — | 3.6% | |
| 8 | Meridian BankMalvern, PA | 2 | — | 3.6% | |
| 9 | Ameris BankAtlanta, GA | 2 | — | 3.6% | |
| 10 | American BankCovington, LA | 2 | — | 3.6% | |
| 11 | Hancock Whitney BankGulfport, MS | 1 | — | 1.8% | |
| 12 | First Bank of the LakeOsage Beach, MO | 1 | — | 1.8% | |
| 13 | North State BankRaleigh, NC | 1 | — | 1.8% | |
| 14 | The Bancorp Bank National AssociationSioux Falls, SD | 1 | — | 1.8% | |
| 15 | Five Star BankRancho Cordova, CA | 1 | — | 1.8% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | Texas | 28 | 50.9% | |
| 2 | Louisiana | 7 | 12.7% | |
| 3 | Florida | 6 | 10.9% | |
| 4 | South Carolina | 4 | 7.3% | |
| 5 | Mississippi | 3 | 5.5% | |
| 6 | Maryland | 2 | 3.6% | |
| 7 | Missouri | 2 | 3.6% | |
| 8 | Georgia | 1 | 1.8% | |
| 9 | Virginia | 1 | 1.8% | |
| 10 | Alabama | 1 | 1.8% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 54 | 98.2% | |
| 2 | Other Food ManufacturingNAICS 3119 | 1 | 1.8% |
Approval sizes
- $50,000 or less12.7%7
- $50,001 to $150,0003.6%2
- $150,001 to $350,00010.9%6
- $350,001 to $1 million69.1%38
- $1 million to $2 million3.6%2
Age of the businesses
- Existing, more than 2 years old9.1%5
- New business, 2 years or less18.2%10
- Startup, loan funds will open the business69.1%38
- Change of ownership3.6%2
Questions and answers
How many SBA loans go to PJ's Coffee of New Orleans franchises?
71 approvals since FY2015, worth $31.5M; 55 in FY2021 to FY2025.
Which lenders make SBA loans for PJ's Coffee of New Orleans franchises?
By approvals in FY2021 to FY2025: The Huntington National Bank (14), United Community Bank (6), Luminate Bank (6), First National Bank of Pennsylvania (3), Midwest Regional Bank (3).
How large is a typical SBA loan for a PJ's Coffee of New Orleans franchise?
The average approval in FY2021 to FY2025 was $475K.
What share of PJ's Coffee of New Orleans 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 PJ's Coffee of New Orleans franchises rising?
Approvals in the three latest complete fiscal years total 30, against 30 in the three before: broadly level (0%).
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