SBA Loans for Closets by Design Franchises
Who actually funds Closets by Design SBA 7(a) deals, and how much they lend. Sourced directly from SBA FOIA records covering every approved 7(a) loan from 2021–2026.
Top lenders funding Closets by Design SBA loans
Ranked by number of Closets by Design 7(a) loans approved since 2021.
| # | Lender | Loans | Total Volume | Avg Loan |
|---|---|---|---|---|
| 1 | U.S. Bank, National Association | 2 | $63K | $32K |
| 1 | ESL FCU | 2 | $671K | $336K |
| 1 | Grasshopper Bank National Association | 2 | $1.4M | $678K |
| 1 | Merchants Bank of Indiana | 2 | $750K | $375K |
| 5 | First Bank of the Lake | 1 | $445K | $445K |
| 5 | United Midwest Savings Bank National Association | 1 | $100K | $100K |
| 5 | Bank of America, National Association | 1 | $1.6M | $1.6M |
| 5 | Southern Bank and Trust Company | 1 | $350K | $350K |
| 5 | The Bancorp Bank National Association | 1 | $413K | $413K |
| 5 | The Huntington National Bank | 1 | $350K | $350K |
| 5 | Colony Bank | 1 | $400K | $400K |
| 5 | Truist Bank | 1 | $1.8M | $1.8M |
| 5 | FFB Bank | 1 | $1.1M | $1.1M |
Source: SBA FOIA 7(a) loan-level data, 2021–2026. Shows lenders with at least one approved Closets by Design loan in this period, ranked by loan count.
Closets by Design SBA loans by state
| State | Loans | Total Volume | Avg Loan |
|---|---|---|---|
| FL | 3 | $3.8M | $1.3M |
| CA | 1 | $1.1M | $1.1M |
| MD | 1 | $855K | $855K |
| VA | 2 | $850K | $425K |
| IN | 2 | $750K | $375K |
| NY | 2 | $671K | $336K |
| TN | 1 | $445K | $445K |
| CT | 1 | $413K | $413K |
| TX | 1 | $350K | $350K |
| MI | 1 | $100K | $100K |
| CO | 2 | $63K | $32K |
Closets by Design SBA loans by year
How to use this
The lenders above have actually closed SBA 7(a) loans for Closets by Design 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 Closets by Design deal to a lender currently funding this brand.
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