PENN STATION, INC.: how its 42 SBA loans actually performed
Limited-Service Restaurants · 42 units financed with SBA 7(a) loans since 2010 · 21 lenders have funded this brand.
No defaults on record
None of the 27 seasoned SBA loans to PENN STATION, INC. charged off within seven years — a 0.0% rate, 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 |
|---|---|
| The Huntington National Bank | 10 |
| 1st Source Bank | 4 |
| Peoples Bank | 3 |
| First Financial Bank | 2 |
| BankUnited, National Association | 2 |
| Midwest Regional Bank | 2 |
21 lenders have funded PENN STATION, INC. since 2010. Fewer active lenders means less competition on your rate.
A note on sample size
PENN STATION, INC. is a smaller-sample brand: 27 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 27 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 PENN STATION, INC. SBA loans have defaulted?
0 of 27 seasoned PENN STATION, INC. SBA 7(a) loans charged off within seven years — a 0.0% default rate, against 5.7% across all SBA 7(a) loans.
Is a PENN STATION, INC. franchise a safe SBA loan bet?
By the numbers its default rate is below the SBA-wide 5.7% average. That is a financing signal, not a verdict on the business — and with 27 loans it is a smaller sample than our flagship brands.
Which lenders fund PENN STATION, INC. franchises?
21 lenders have made SBA loans to PENN STATION, INC. since 2010, led by The Huntington National Bank.