Absolutely. SBA 7(a) loans can be used for expansion, whether that means opening a second (or third, etc.) location or buying out another franchisee’s store. The process is similar – you’d show the costs of expansion or the purchase price of the existing unit. In fact, expanding with an SBA loan once your first location is doing well is a common growth strategy. Just remember that your total SBA loans outstanding can’t exceed the $5 million cap, so very large multi-unit expansions might need to consider alternative financing once you hit that ceiling.