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

How have SBA loans to Which Wich franchisees turned out?

Of 97 loans approved in fiscal 2013 to 2018 (at least five years old), 25 (25.8%) were charged off by the lender, against 7.2% across all 7(a) loans approved in those same years. Which Wich appears on 97 SBA-guaranteed 7(a) loans approved from fiscal 2013 to 2018, $29.9 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.
Which WichFranchise brand · 97 loans
26%of seasoned loans charged off
  1. Which Wich appears on 97 SBA-guaranteed 7(a) loans approved from fiscal 2013 to 2018, $29.9 million in gross approvals.
  2. Of 97 loans approved in fiscal 2013 to 2018 (at least five years old), 25 (25.8%) were charged off by the lender, against 7.2% across all 7(a) loans approved in those same years.
  3. 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.
0%38%Fiscal 2014: 4 of 17 loans charged off (23.5%)Fiscal 2015: 10 of 26 loans charged off (38.5%)Fiscal 2016: 2 of 23 loans charged off (8.7%)Fiscal 2017: 8 of 22 loans charged off (36.4%)2014201520162017
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 yearLoansApprovedPaid in fullCharged offNot yet resolvedCharged-off share
FY20132$608,000200few loans
FY201417$4.6 million134023.5%
FY201526$8.1 million1510138.5%
FY201623$8.2 million21208.7%
FY201722$6.0 million98536.4%
FY20187$2.4 million511few loans

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.

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