What is the SBA loan default rate for Cafeterias?

At 26.0%, Cafeterias sits well above the 15.4% all-industry SBA default rate (charged-off as a share of resolved loans) — elevated default risk relative to other SBA industries. The rate is measured on the resolved loans (paid in full or charged off), loans that have reached a final outcome. 134 lenders actively fund this industry.

Which SBA program is best for Cafeterias?

The SBA 7(a) program is the most commonly used for Cafeterias businesses, accounting for the majority of approved loans. The SBA 504 program is popular for larger real estate and equipment purchases.

NAICS 722212Accommodation & Food Services

How Much Can Cafeterias Businesses Get in SBA Loans?

Name: Cafeterias SBA Loan Performance Data (NAICS 722212)
Creator: PeerSense
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550 SBA loans totaling $74.3M have been approved for cafeterias businesses (NAICS 722212). The average approved SBA loan is $135K, which is 60% below avg the $340K national average. 134 active lenders fund this industry with a 26.0% default rate on the matured 2018-2021 loan cohort.

Elevated default risk26.0% vs 15.4% all-industry avg

At 26.0%, Cafeterias sits well above the 15.4% all-industry SBA default rate (charged-off as a share of resolved loans) — elevated default risk relative to other SBA industries. Lenders price this risk into rate and structure, which is why matching the file to the right lender matters.

Quick Answer

NAICS 722212 (Cafeterias) received 550 SBA loans worth $74.3M across 5+ states. Average loan $135K, average term 94 months, 26.0% default rate (resolved-loan basis).134 active SBA-approved lenders fund this industry. Most cafeterias loans use the SBA 7(a) program. There are approximately 771,856 U.S. establishments in this industry (Census 2022).

550

Total SBA Loans

$74.3M

Total Volume

$135K

Avg Loan Size

60% below avg

134

Active Lenders

94 mo

Avg Term

28% below avg

6,282

Jobs Supported

Which SBA Program Do Cafeterias Businesses Use Most?

SBA 7(a)531 (97%)

SBA 50419 (3%)

What Is the Best SBA Loan for Cafeterias?

SBA 7(a)

The most widely used SBA program for cafeterias businesses — flexible terms, multiple use cases

Industry avg loan: $135K

Typical term: 94 months

Historical avg rate: 6.86%

134+ lenders active in this industry

Default rate (2018–21 matured cohort): 26.0%

Where Are Cafeterias SBA Loans Most Common?

124 loans

$10.6M

86 loans

$12.4M

47 loans

$6.4M

32 loans

$6.9M

29 loans

$1.5M

Top SBA Lenders for Cafeterias

These banks have funded the most SBA loans for cafeterias businesses (NAICS 722212). PeerSense routes deals to lenders with proven appetite in your industry.

#	Lender	Loans	Volume
1	Banco Popular de Puerto Rico(PR)	82	$6.1M
2	Bank of Hope(CA)	66	$8.8M
3	Bank of America, National Association(NC)	50	$1.4M
4	U.S. Bank, National Association(OH)	28	$4.1M
5	FirstBank Puerto Rico(PR)	23	$2.1M

Browse all SBA lenders Best SBA lenders 2026

Cafeterias Industry Context

U.S. Establishments

771,856

U.S. Census Bureau · 2022

SBA Penetration

0.07%

SBA loans per establishment

Ready to Fund Your Cafeterias Business?

PeerSense places SBA loans for cafeterias businesses nationwide. We match you with the right capital source — no retainers, referral fee at closing.

Retainers

10%

Down with SBA 7(a)

25yr

Terms Available

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Financing a Cafeterias business? Get matched to an SBA lender.

Tell us your loan amount and use of funds. We route you to the lender most likely to fund a deal in your industry.

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How Does SBA Lending Work for Cafeterias Businesses?

Across all SBA loan programs, 550 loans have been approved for businesses classified under NAICS 722212 (Cafeterias), representing $74.3M in total capital deployed. The average approved loan of $135K is 60% below avg the national SBA average of $340K, with typical repayment terms of 94 months.

SBA lending for cafeterias has remained relatively stable across recent fiscal years. 134 active lenders continue funding this sector, providing consistent access to capital for both new ventures and established businesses looking to expand.

The overwhelming majority of SBA lending for cafeterias uses the 7(a) program, which provides the most flexibility — covering working capital, equipment purchases, partner buyouts, debt refinancing, and business acquisitions up to $5M with terms up to 25 years.

PeerSense specializes in matching cafeterias business owners with the capital sources most likely to approve their specific deal structure. As an advisory firm (not a lender), we structure your deal across our network of 500+ SBA-approved lenders to find the best terms — our referral fee is established upfront and paid at closing. No retainers.

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Frequently Asked Questions — Cafeterias SBA Loans

What is the average SBA loan size for cafeterias businesses?

Based on 550 approved SBA loans, the average loan size for cafeterias (NAICS 722212) is $135K. This compares to the national SBA average of $340K across all industries.

Which SBA loan program is best for a cafeterias business?

SBA 7(a) is the most commonly used SBA program for cafeterias businesses. The most widely used SBA program for cafeterias businesses — flexible terms, multiple use cases. PeerSense can analyze your specific deal to determine the optimal program.

How many lenders fund SBA loans for cafeterias?

134 different SBA-approved lenders have funded loans in this industry. Not all lenders are equally active in every industry — PeerSense matches your deal with lenders who have experience and appetite in the cafeterias sector.

What states have the most SBA lending for cafeterias?

PR leads with 124 SBA loans and $10.6M in total volume for cafeterias businesses. CA, NY, TX also show strong lending activity in this sector.

How does PeerSense help cafeterias businesses get SBA loans?

PeerSense is a capital advisory firm — not a lender. We analyze your deal (loan amount, down payment, business financials) and match you with SBA-approved lenders experienced in the cafeterias industry. Our referral fee is established upfront in our agreement and paid at closing. No retainers.

Related Accommodation & Food Services Industries

Full-Service Restaurants

49,950 loans · N/A

Avg: $266K

Full-Service Restaurants

41,841 loans · N/A

Avg: $483K

Limited-Service Restaurants

33,710 loans · N/A

Avg: $223K

Hotels (except Casino Hotels) and Motels

30,612 loans · N/A

Avg: $1.6M

Limited-Service Restaurants

28,029 loans · N/A

Avg: $431K

Drinking Places (Alcoholic Beverages)

13,001 loans · N/A

Avg: $310K

Data aggregated from SBA loan records (1992–2025). Cafeterias defined by NAICS code 722212. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.