SBA Loans for Border Magic Franchises
Who actually funds Border Magic SBA 7(a) deals, and how much they lend. Sourced directly from SBA FOIA records covering every approved 7(a) loan from 2021 to 2025.
Top lenders funding Border Magic SBA loans
Ranked by number of Border Magic 7(a) loans approved since 2021.
| # | Lender | Loans | Total Volume | Avg Loan |
|---|---|---|---|---|
| 1 | United Midwest Savings Bank National Association | 2 | $300K | $150K |
| 2 | Bank Five Nine | 1 | $296K | $296K |
| 2 | Five Star Bank | 1 | $100K | $100K |
| 2 | The First National Bank of McGregor d/b/a TFNB Your Bank for Life | 1 | $62K | $62K |
Source: SBA FOIA 7(a) loan-level data, 2021 to 2025. Shows lenders with at least one approved Border Magic loan in this period, ranked by loan count.
Border Magic SBA loans by state
| State | Loans | Total Volume | Avg Loan |
|---|---|---|---|
| FL | 1 | $296K | $296K |
| NC | 1 | $150K | $150K |
| WI | 1 | $150K | $150K |
| TX | 1 | $100K | $100K |
| PA | 1 | $62K | $62K |
Border Magic SBA loans by year
How Border Magic SBA loans have performed
Outcomes for every funded Border Magic 7(a) loan approved since FY2010. Each SBA loan usually finances one location, so read these as an estimate of units.
Source: SBA FOIA 7(a) loan-level data. Defaulted means the SBA purchased the guaranty (charged off, or purchased and not yet charged off). Recent loans have had less time to default, and small loan counts swing widely, so one or two loans can move these percentages a lot.
SBA lender notes for Border Magicfrom the SBA Franchise Directory
Lender/CDC must ensure they secure the appropriate lien position on all collateral in accordance with SOP 50 10.
How to use this
The lenders above have actually closed SBA 7(a) loans for Border Magic franchisees, so they already understand the brand's model, unit economics, and franchise agreement. That familiarity usually means a faster, cleaner underwrite than a lender seeing the concept for the first time.
A lender being active historically doesn't mean they're the right fit for your deal size, location, or timing right now. That's where we come in, and we match your Border Magic deal to a lender currently funding this brand.
Financing a Border Magic franchise?
We know which lenders are actively funding Border Magic deals right now and which fit your loan size and location. Pre-qualify and we'll find your match (free to borrowers).