SBA loan outcome check · franchise brand · SBA data as of 30 September 2026

How have SBA loans to Jersey Mike’s Subs; Jersey Mike’s franchisees turned out?

Of 160 loans approved in fiscal 2017 to 2021 (at least five years old), 2 (1.3%) were charged off by the lender, against 6.3% across all 7(a) loans approved in those same years. Jersey Mike’s Subs; Jersey Mike’s appears on 297 SBA-guaranteed 7(a) loans approved from fiscal 2017 to 2026, $137.9 million in gross approvals. These are loans, not a rating.

Not financial, legal or franchise advice. This page reports what the SBA's loan file records for SBA-guaranteed loans. A charge-off rate is not a rating of a brand or an industry, it does not predict a new loan, and a franchisee's loan is not a measure of the franchisor. Read the franchise's disclosure document and talk to a lender or an adviser before you borrow.

Jersey Mike’s Subs; Jersey Mike’sFranchise brand · 297 loans

1%of seasoned loans charged off

Jersey Mike’s Subs; Jersey Mike’s appears on 297 SBA-guaranteed 7(a) loans approved from fiscal 2017 to 2026, $137.9 million in gross approvals.
Of 160 loans approved in fiscal 2017 to 2021 (at least five years old), 2 (1.3%) were charged off by the lender, against 6.3% across all 7(a) loans approved in those same years.
A charge-off is a loan the lender wrote off. It is not a statement about the borrower, the brand or the franchisor, and it does not predict how a new loan will turn out.

share of this group's loans charged off, by approval year (years with 10+ loans)all 7(a) loans, same year

Every approval year

Approval year	Loans	Approved	Paid in full	Charged off	Not yet resolved	Charged-off share
FY2017	1	$197,000	1	0	0	few loans
FY2018	27	$8.0 million	21	1	5	3.7%
FY2019	31	$10.4 million	23	1	7	3.2%
FY2020	32	$12.6 million	19	0	13	0.0%
FY2021	69	$28.3 million	44	0	25	0.0%
FY2022	38	$16.5 million	12	0	26	too recent for a share
FY2023	29	$16.7 million	4	0	25	too recent for a share
FY2024	20	$10.8 million	6	0	14	too recent for a share
FY2025	31	$23.2 million	4	0	27	too recent for a share
FY2026	19	$11.1 million	0	0	19	too recent for a share

US Small Business Administration, 7(a) FOIA loan data as of 30 September 2026. SBA-guaranteed 7(a) loans only, aggregated; no borrower or lender is shown. SBA open data.

Where can you go from this record?

Open it in the check to search another brand or industry. Before you borrow for a franchise, read the FTC consumer guide to buying a franchise, the SBA guide to buying a franchise and SBA Lender Match.

Compiled and checked by Vincent Wesley Couey (ORCID 0009-0005-6869-308X) from the SBA 7(a) FOIA loan data, as of 30 September 2026. Not an official source.