SBA Loans for Garage Kings Franchises
Who actually funds Garage Kings 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 Garage Kings SBA loans
Ranked by number of Garage Kings 7(a) loans approved since 2021.
| # | Lender | Loans | Total Volume | Avg Loan |
|---|---|---|---|---|
| 1 | CNB Bank | 2 | $240K | $120K |
| 1 | Readycap Lending, LLC | 2 | $865K | $433K |
| 3 | Community Trust Bank, Inc. | 1 | $155K | $155K |
| 3 | NEPA Alliance Business Finance Corporation | 1 | $262K | $262K |
| 3 | United Midwest Savings Bank National Association | 1 | $150K | $150K |
Source: SBA FOIA 7(a) loan-level data, 2021 to 2025. Shows lenders with at least one approved Garage Kings loan in this period, ranked by loan count.
Garage Kings SBA loans by state
| State | Loans | Total Volume | Avg Loan |
|---|---|---|---|
| PA | 3 | $502K | $167K |
| MA | 1 | $500K | $500K |
| SC | 1 | $366K | $366K |
| KY | 1 | $155K | $155K |
| GA | 1 | $150K | $150K |
Garage Kings SBA loans by year
How Garage Kings SBA loans have performed
Outcomes for every funded Garage Kings 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.
How to use this
The lenders above have actually closed SBA 7(a) loans for Garage Kings 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 Garage Kings deal to a lender currently funding this brand.
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