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Franchises›Groovy Hues; Groovy Hues Painting
SBA Franchise IDS7576✓ SBA-eligible franchise· listed since 2022

SBA Loans for Groovy Hues; Groovy Hues Painting Franchises

Who actually funds Groovy Hues; Groovy Hues Painting SBA 7(a) deals, and how much they lend. Sourced directly from SBA FOIA records covering every approved 7(a) loan from 2023 to 2026.

44
SBA 7(a) loans
$10.8M
Total approved
$246K
Avg loan size
9
Lenders

Top lenders funding Groovy Hues; Groovy Hues Painting SBA loans

Ranked by number of Groovy Hues; Groovy Hues Painting 7(a) loans approved since 2023.

#LenderLoansTotal VolumeAvg Loan
1The Huntington National Bank24$6.1M$255K
2First Bank of the Lake8$2.2M$279K
3Newtek Bank, National Association4$675K$169K
4Magnifi Financial CU2$290K$145K
4First Commonwealth Bank2$465K$232K
6Fifth Third Bank1$257K$257K
6Westerra CU1$440K$440K
6United Midwest Savings Bank National Association1$150K$150K
6Mountain America FCU1$208K$208K

Source: SBA FOIA 7(a) loan-level data, 2023 to 2026. Shows lenders with at least one approved Groovy Hues; Groovy Hues Painting loan in this period, ranked by loan count.

Groovy Hues; Groovy Hues Painting SBA loans by state

StateLoansTotal VolumeAvg Loan
TX19$4.8M$253K
TN4$1.0M$256K
CO3$820K$273K
NC3$799K$266K
AZ2$657K$329K
IA2$524K$262K
SC3$507K$169K
GA2$478K$239K
OH2$350K$175K
FL1$300K$300K
CT1$257K$257K
UT1$208K$208K
AR1$108K$108K

Groovy Hues; Groovy Hues Painting SBA loans by year

FY2023
20
$5.5M
FY2024
9
$2.3M
FY2025
9
$2.0M
FY2026
6
$1.1M

How Groovy Hues; Groovy Hues Painting SBA loans have performed

Outcomes for every funded Groovy Hues; Groovy Hues Painting 7(a) loan approved since FY2010. Each SBA loan usually finances one location, so read these as an estimate of units.

Defaulted
2 of 35
5.7% · SBA paid out on the guaranty
Charged off
2 of 35
5.7% · Written off (part of defaulted)
Paid in full
10 of 35
28.6% · Loan fully repaid
Still active
23 of 35
65.7% · Open and not in default

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 Groovy Hues; Groovy Hues Paintingfrom the SBA Franchise Directory

When the real estate where the franchise business is located will secure the SBA-guaranteed loan, the Collateral Assignment of Lease and Consent and Agreement of Lessor, may not be executed

How to use this

The lenders above have actually closed SBA 7(a) loans for Groovy Hues; Groovy Hues Painting 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 Groovy Hues; Groovy Hues Painting deal to a lender currently funding this brand.

Financing a Groovy Hues; Groovy Hues Painting franchise?

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