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FRANCHISE BRAND· Hardware Retailers

SBA loans for Hardware Hank

104 SBA loans have financed Hardware Hank locations since 1991, written by 63 different lenders across 9 states. Half were approved for $174K or less, the mix is almost entirely 7(a), and 34% went to owners whose business was under two years old.

Rank lenders for my deal
SBA loans
104
4 in last 5 yrs
Median approval
$174K
90th pct $518K
Total approved
$29.1M
all years
To new owners
34%
35 loans
Lenders
63
9 states

The lenders that fund Hardware Hank

A lender that has already underwritten this brand knows the unit economics, the build-out costs, and the franchisor. That is worth more to you than a bigger bank starting from scratch.

1
Chicago, IL
Hardware Hank loans
6
In last 5 yrs
1
Typical loan
$286K
To new owners
33%
Last approval
Apr 2021
2
Grand Forks, ND
Hardware Hank loans
2
In last 5 yrs
1
Typical loan
$1.2M
To new owners
50%
Last approval
Jan 2024
3
Berkeley Heights, NJ
Hardware Hank loans
2
In last 5 yrs
1
Typical loan
$1.2M
To new owners
50%
Last approval
Oct 2022
4
Elk River, MN
Hardware Hank loans
1
In last 5 yrs
1
Typical loan
$444K
To new owners
0%
Last approval
May 2021
5
Sioux Falls, SD
Hardware Hank loans
6
In last 5 yrs
0
Typical loan
$523K
To new owners
17%
Last approval
Dec 2019
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
6
Arden Hills, MN
Hardware Hank loans
4
In last 5 yrs
0
Typical loan
$294K
To new owners
0%
Last approval
Nov 2019
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
7
St. Cloud, MN
Hardware Hank loans
3
In last 5 yrs
0
Typical loan
$325K
To new owners
0%
Last approval
Apr 2019
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
8
Madison, WI
Hardware Hank loans
3
In last 5 yrs
0
Typical loan
$442K
To new owners
0%
Last approval
Jun 2015
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
9
Waterloo, IA
Hardware Hank loans
3
In last 5 yrs
0
Typical loan
$128K
To new owners
67%
Last approval
Dec 2012
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
10
Ann Arbor, MI
Hardware Hank loans
3
In last 5 yrs
0
Typical loan
$183K
To new owners
0%
Last approval
Feb 2012
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
11
Hinckley, MN
Hardware Hank loans
3
In last 5 yrs
0
Typical loan
$97K
To new owners
67%
Last approval
Nov 2011
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
12
Augusta, WI
Hardware Hank loans
3
In last 5 yrs
0
Typical loan
$100K
To new owners
0%
Last approval
Jan 2010
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.