677 SBA loans have financed Jersey Mike's locations since 1992, written by 156 different lenders across 43 states. Half were approved for $319K or less, the mix is almost entirely 7(a), and 72% went to owners whose business was under two years old.
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.