What is the SBA loan default rate for Full-Service Restaurants?

At 9.9%, Full-Service Restaurants sits well below the 15.4% all industry SBA default rate (charged off as a share of resolved loans), low 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. 1817 lenders actively fund this industry.

Which SBA program is best for Full-Service Restaurants?

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

NAICS 722511Accommodation & Food ServicesLending Growing

How Much Can Full-Service Restaurants Businesses Get in SBA Loans?

Name: Full-Service Restaurants SBA Loan Performance Data (NAICS 722511)
Creator: PeerSense
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41,841 SBA loans totaling $20.2B have been approved for full-service restaurants businesses (NAICS 722511). The average approved SBA loan is $483K, which is 42% above avg the $340K national average. 1817 active lenders fund this industry with a 9.9% default rate on the matured 2018-2021 loan cohort.

Low default risk9.9% vs 15.4% all industry avg

At 9.9%, Full-Service Restaurants sits well below the 15.4% all industry SBA default rate (charged off as a share of resolved loans), low default risk relative to other SBA industries. The capital source prices this risk into rate and structure.

Quick Answer

NAICS 722511 (Full-Service Restaurants) received 41,841 SBA loans worth $20.2B across 5+ states. Average loan $483K, average term 148 months, 9.9% default rate (resolved loan basis).1817 active SBA approved lenders fund this industry. Most full-service restaurants loans use the SBA 7(a) program. There are approximately 257,282 U.S. establishments in this industry (Census 2022).

41,841

Total SBA Loans

$20.2B

Total Volume

$483K

Avg Loan Size

42% above avg

1,817

Active Lenders

148 mo

Avg Term

14% above avg

871,253

Jobs Supported

Is SBA Lending Growing for Full-Service Restaurants?+22% growth

3,707

3,907

3,694

3,300

2,290

2,260

2,666

3,210

3,606

3,927

$1.5B

$1.6B

$1.5B

$1.6B

$1.1B

$1.5B

$1.6B

$1.8B

$2.0B

$2.2B

Which SBA Program Do Full-Service Restaurants Businesses Use Most?

SBA 7(a)37,128 (89%)

SBA 5044,715 (11%)

What Is the Best SBA Loan for Full-Service Restaurants?

SBA 7(a)

The most widely used SBA program for full-service restaurants businesses: flexible terms, multiple use cases

Industry avg loan: $483K

Typical term: 148 months

Historical avg rate: 7.49%

1817+ lenders active in this industry

Default rate (2018 to 21 matured cohort): 9.9%

Where Are Full-Service Restaurants SBA Loans Most Common?

5,551 loans

$3.0B

2,800 loans

$1.0B

2,777 loans

$1.8B

2,170 loans

$1.6B

2,152 loans

$570.3M

SBA Lending Activity in Full-Service Restaurants

1,817 SBA lenders have funded 41,841 loans to full-service restaurants businesses (NAICS 722511). Which lender approves your deal depends on your location, loan size, credit profile and time in business, not on who funded someone else. PeerSense makes the introduction.

Loans funded

41,841

Active lenders

1,817

Total volume

$20.2B

Avg loan size

$483K

Browse all SBA lenders

Full-Service Restaurants Industry Context

U.S. Establishments

257,282

U.S. Census Bureau · 2022

U.S. Employment

16,922,000

BLS · 2026

SBA Penetration

16.26%

SBA loans per establishment

Talk to PeerSense

PeerSense sources capital for full-service restaurants businesses. The capital source sets the terms. No upfront fee. Talk to PeerSense. Referral fee at closing.

Retainers

10%

Down with SBA 7(a)

25yr

Terms Available

Talk to PeerSense (317) 452-6990

Talk to PeerSense about financing a Full-Service Restaurants business.

Tell us your loan amount and use of funds. PeerSense sources capital. It is not the lender.

SBA 7(a) / 504: The desk will reach out. No obligation.

How big is your deal?

Where are you in the deal?

Equity or down payment ready

Credit score

Timeline to close

SBA already on the books?

What best describes your company

Liquid funds available outside this deal

Where is the property or business

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Referral fee realized at closing · Or call (317) 452 6990

How Does SBA Lending Work for Full-Service Restaurants Businesses?

Across all SBA loan programs, 41,841 loans have been approved for businesses classified under NAICS 722511 (Full-Service Restaurants), representing $20.2B in total capital deployed. The average approved loan of $483K is 42% above avg the national SBA average of $340K, with typical repayment terms of 148 months.

SBA lending for full-service restaurants is accelerating. Loan volume has grown approximately 22% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2025.

The industry sees a balanced mix of SBA programs, with 11% of loans using the 504 program for fixed asset acquisition and the majority using 7(a) for its flexibility across working capital, equipment, and business acquisition uses. SBA 7(a) loans offer up to $5M with terms up to 25 years for real estate.

Talk to PeerSense about a full-service restaurants file. The capital source sets the terms. The desk fee is paid at closing, never upfront.

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Frequently Asked Questions: Full-Service Restaurants SBA Loans

What is the average SBA loan size for full-service restaurants businesses?

Based on 41,841 approved SBA loans, the average loan size for full-service restaurants (NAICS 722511) is $483K. This compares to the national SBA average of $340K across all industries.

Which SBA loan program is best for a full-service restaurants business?

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

How many lenders fund SBA loans for full-service restaurants?

1817 different SBA approved lenders have funded loans in this industry. Not all lenders are equally active in every industry. Talk to PeerSense. The capital source sets the terms for a full-service restaurants file.

What states have the most SBA lending for full-service restaurants?

CA leads with 5,551 SBA loans and $3.0B in total volume for full-service restaurants businesses. NY, TX, FL also show strong lending activity in this sector.

How does PeerSense help full-service restaurants businesses get SBA loans?

PeerSense is a capital advisory firm. Talk to PeerSense about a full-service restaurants file. The capital source sets the terms. No upfront fee. The desk is paid at closing.

Related Accommodation & Food Services Industries

Full-Service Restaurants

49,950 loans · N/A

Avg: $266K

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

Snack and Nonalcoholic Beverage Bars

9,060 loans · N/A

Avg: $318K

Data aggregated from SBA loan records (1992 to 2025). Full-Service Restaurants defined by NAICS code 722511. Not financial advice. PeerSense sources capital through a curated network of commercial lenders and capital sources. Consult a lending professional before making financial decisions.