What was the Loan payable SBA, net of current, for Aw as of December 31, 2024?

According to Aw's 2025 Franchise Disclosure Document, the Loan payable SBA, net of current, was $28,382 as of December 31, 2024. In comparison, the Loan payable SBA, net of current, was $27,341 as of December 31, 2023. This indicates an increase in the long-term SBA loan liability from 2023 to 2024.

The Loan payable SBA represents the portion of the original SBA loan that Aw still owes, excluding the amount due within the next 12 months (the current portion). The 'net of current' designation is important because it separates the short-term and long-term debt obligations, providing a clearer picture of Aw's financial structure.

For a prospective Aw franchisee, this information provides insight into the company's debt management and financial obligations. A significant increase in long-term debt could raise concerns about Aw's ability to manage its finances, while a stable or decreasing long-term debt might be viewed more favorably. It is important to consider this figure in conjunction with other financial metrics and trends to gain a comprehensive understanding of Aw's financial health.