ERBERT & GERBERT'S SUBS & CLUBS: how its 22 SBA loans actually performed
Limited-Service Restaurants · 22 units financed with SBA 7(a) loans since 2010 · 14 lenders have funded this brand.
Defaults run above the SBA-wide average
2 of 22 seasoned units charged off — 9.1%, against 5.7% across all SBA 7(a) loans.
How this brand compares
share of owners who defaulted within seven yearsWho lends on it
most active lenders, 2010 onward| Lender | Units funded |
|---|---|
| Centier Bank | 4 |
| JPMorgan Chase Bank, National Association | 2 |
| Glacier Bank | 2 |
| Highland Bank | 2 |
| Premier Bank Minnesota | 2 |
| Midwest Heritage Bank, F.S.B. | 2 |
14 lenders have funded ERBERT & GERBERT'S SUBS & CLUBS since 2010. Fewer active lenders means less competition on your rate.
A note on sample size
ERBERT & GERBERT'S SUBS & CLUBS is a smaller-sample brand: 22 of its SBA loans are old enough to judge (our flagship brands have 60+). The default rate above is a real count, but read it as a signal rather than a verdict — with 22 loans, a handful of outcomes moves the number. We omit the year-by-year breakdowns shown on larger brands, which would be noisy at this size.
Common questions
How many ERBERT & GERBERT'S SUBS & CLUBS SBA loans have defaulted?
2 of 22 seasoned ERBERT & GERBERT'S SUBS & CLUBS SBA 7(a) loans charged off within seven years — a 9.1% default rate, against 5.7% across all SBA 7(a) loans.
Is a ERBERT & GERBERT'S SUBS & CLUBS franchise a safe SBA loan bet?
By the numbers its default rate is above the SBA-wide 5.7% average. That is a financing signal, not a verdict on the business — and with 22 loans it is a smaller sample than our flagship brands.
Which lenders fund ERBERT & GERBERT'S SUBS & CLUBS franchises?
14 lenders have made SBA loans to ERBERT & GERBERT'S SUBS & CLUBS since 2010, led by Centier Bank.