SBA Loans for Grease Monkey Franchises
Who actually funds Grease Monkey SBA 7(a) deals, and how much they lend. Sourced directly from SBA FOIA records covering every approved 7(a) loan from 2021 to 2026.
Top lenders funding Grease Monkey SBA loans
Ranked by number of Grease Monkey 7(a) loans approved since 2021.
| # | Lender | Loans | Total Volume | Avg Loan |
|---|---|---|---|---|
| 1 | Live Oak Banking Company | 19 | $14.0M | $739K |
| 2 | The Bancorp Bank National Association | 10 | $10.3M | $1.0M |
| 3 | Citizens Bank | 3 | $1.7M | $563K |
| 4 | BayFirst National Bank | 2 | $919K | $460K |
| 4 | Heritage Bank | 2 | $2.6M | $1.3M |
| 6 | First Savings Bank | 1 | $460K | $460K |
| 6 | Heritage Bank Inc | 1 | $132K | $132K |
| 6 | Merchants Bank of Indiana | 1 | $2.3M | $2.3M |
| 6 | Paragon Bank | 1 | $317K | $317K |
| 6 | Readycap Lending, LLC | 1 | $1.3M | $1.3M |
| 6 | Southern Bank | 1 | $572K | $572K |
| 6 | United Community Bank | 1 | $700K | $700K |
| 6 | Vallant Bank | 1 | $2.4M | $2.4M |
| 6 | Valley National Bank | 1 | $1.2M | $1.2M |
| 6 | Atlantic Union Bank | 1 | $2.1M | $2.1M |
| 6 | Wilmington Savings Fund Society FSB | 1 | $765K | $765K |
| 6 | Colony Bank | 1 | $2.3M | $2.3M |
| 6 | ConnectOne Bank | 1 | $420K | $420K |
| 6 | Everwise Credit Union | 1 | $5.0M | $5.0M |
| 6 | First Bank | 1 | $407K | $407K |
Source: SBA FOIA 7(a) loan-level data, 2021 to 2026. Shows lenders with at least one approved Grease Monkey loan in this period, ranked by loan count.
Grease Monkey SBA loans by state
| State | Loans | Total Volume | Avg Loan |
|---|---|---|---|
| FL | 6 | $9.5M | $1.6M |
| WA | 5 | $6.8M | $1.4M |
| TX | 7 | $5.4M | $767K |
| GA | 3 | $4.3M | $1.4M |
| UT | 4 | $4.3M | $1.1M |
| AZ | 4 | $3.7M | $921K |
| ID | 3 | $2.8M | $924K |
| TN | 1 | $2.5M | $2.5M |
| OH | 2 | $2.1M | $1.0M |
| NC | 2 | $1.6M | $825K |
| NV | 1 | $1.5M | $1.5M |
| SC | 3 | $1.4M | $450K |
| CO | 2 | $1.3M | $665K |
| MD | 3 | $1.0M | $340K |
| IN | 1 | $765K | $765K |
Grease Monkey SBA loans by year
How Grease Monkey SBA loans have performed
Outcomes for every funded Grease Monkey 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 Grease Monkeyfrom the SBA Franchise Directory
1. When the real estate where the franchise business is located will secure the SBA-guaranteed loan, the Collateral Assignment of Lease may not be executed. 2. Franchisor may not enforce or Record the Option to Purchase the Real Estate if the real estate is owned by the franchisee or an affiliate of the franchisee and used as collateral for the SBA Loan. 3.Franchisor may not Record or request the Option to Lease Agreement to be executed if the real estate is owned by the franchisee or and affiliate of the franchisee as used as collateral for the SBA Loan. 4. Lender/CDC must ensure they obtain the correct lien position for all collateral as required pursuant to the SOP 50 10.
How to use this
The lenders above have actually closed SBA 7(a) loans for Grease Monkey 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 Grease Monkey deal to a lender currently funding this brand.
Financing a Grease Monkey franchise?
We know which lenders are actively funding Grease Monkey deals right now and which fit your loan size and location. Pre-qualify and we'll find your match (free to borrowers).