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FranchisesCloset Factory
SBA Franchise IDS0390

SBA Loans for Closet Factory Franchises

Who actually funds Closet Factory SBA 7(a) deals, and how much they lend. Sourced directly from SBA FOIA records covering every approved 7(a) loan from 2021–2025.

18
SBA 7(a) loans
$15.0M
Total approved
$832K
Avg loan size
9
Lenders

Top lenders funding Closet Factory SBA loans

Ranked by number of Closet Factory 7(a) loans approved since 2021.

#LenderLoansTotal VolumeAvg Loan
1Live Oak Banking Company4$2.7M$673K
2Beacon Bank and Trust3$1.9M$650K
3Old National Bank2$457K$228K
3Stock Yards Bank & Trust Company2$639K$319K
3Wells Fargo Bank National Association2$2.9M$1.5M
3CIBC Bank USA2$2.5M$1.2M
7North State Bank1$300K$300K
7First Bank of the Lake1$2.8M$2.8M
7Equitable Bank1$726K$726K

Source: SBA FOIA 7(a) loan-level data, 2021–2025. Shows lenders with at least one approved Closet Factory loan in this period, ranked by loan count.

Closet Factory SBA loans by state

StateLoansTotal VolumeAvg Loan
TX4$4.2M$1.1M
MO2$2.9M$1.5M
NC2$2.5M$1.2M
SC2$1.6M$783K
FL1$750K$750K
NE1$726K$726K
CA1$700K$700K
KY2$639K$319K
MN1$500K$500K
WI2$457K$228K

Closet Factory SBA loans by year

FY2021
5
$3.6M
FY2022
5
$5.8M
FY2023
3
$3.7M
FY2024
2
$457K
FY2025
3
$1.4M

How to use this

The lenders above have actually closed SBA 7(a) loans for Closet Factory 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 — we match your Closet Factory deal to a lender currently funding this brand.

Financing a Closet Factory franchise?

We know which lenders are actively funding Closet Factory deals right now and which fit your loan size and location. Pre-qualify and we'll find your match (free to borrowers).