TOM AND CHEE: how its 20 SBA loans actually performed
Limited-Service Restaurants · 20 units financed with SBA 7(a) loans since 2010 · 12 lenders have funded this brand.
6 of 20 owners defaulted on their SBA loan
That is 30.0% — roughly 5 times the 5.7% average across all SBA 7(a) loans. It does not make this a bad business. It makes it an expensive one to finance.
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 | 4 |
| Simmons Bank | 3 |
| First National Bank of Pennsylvania | 2 |
| Bank Five Nine | 2 |
| Stearns Bank National Association | 2 |
| First Westroads Bank, Inc | 1 |
12 lenders have funded TOM AND CHEE since 2010. Fewer active lenders means less competition on your rate.
A note on sample size
TOM AND CHEE is a smaller-sample brand: 20 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 20 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 TOM AND CHEE SBA loans have defaulted?
6 of 20 seasoned TOM AND CHEE SBA 7(a) loans charged off within seven years — a 30.0% default rate, against 5.7% across all SBA 7(a) loans.
Is a TOM AND CHEE 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 20 loans it is a smaller sample than our flagship brands.
Which lenders fund TOM AND CHEE franchises?
12 lenders have made SBA loans to TOM AND CHEE since 2010, led by The Huntington National Bank.