SBA Loans for Hello Garage Franchises
Who actually funds Hello Garage SBA 7(a) deals, and how much they lend. Sourced directly from SBA FOIA records covering every approved 7(a) loan from 2021–2023.
Top lenders funding Hello Garage SBA loans
Ranked by number of Hello Garage 7(a) loans approved since 2021.
| # | Lender | Loans | Total Volume | Avg Loan |
|---|---|---|---|---|
| 1 | The Huntington National Bank | 8 | $889K | $111K |
| 2 | United Midwest Savings Bank National Association | 5 | $750K | $150K |
| 3 | First Bank of the Lake | 3 | $354K | $118K |
| 4 | Newtek Small Business Finance, Inc. | 2 | $122K | $61K |
| 5 | The Fidelity Bank | 1 | $300K | $300K |
| 5 | The Bancorp Bank National Association | 1 | $151K | $151K |
| 5 | U.S. Bank, National Association | 1 | $30K | $30K |
Source: SBA FOIA 7(a) loan-level data, 2021–2023. Shows lenders with at least one approved Hello Garage loan in this period, ranked by loan count.
Hello Garage SBA loans by state
| State | Loans | Total Volume | Avg Loan |
|---|---|---|---|
| TX | 2 | $300K | $150K |
| NC | 1 | $300K | $300K |
| MN | 3 | $242K | $81K |
| PA | 2 | $240K | $120K |
| IN | 2 | $227K | $114K |
| GA | 2 | $210K | $105K |
| CO | 1 | $195K | $195K |
| CA | 2 | $159K | $79K |
| IL | 1 | $151K | $151K |
| OH | 1 | $150K | $150K |
| OK | 1 | $150K | $150K |
| AZ | 1 | $150K | $150K |
| NY | 2 | $122K | $61K |
Hello Garage SBA loans by year
How to use this
The lenders above have actually closed SBA 7(a) loans for Hello Garage 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 Hello Garage deal to a lender currently funding this brand.
Financing a Hello Garage franchise?
We know which lenders are actively funding Hello Garage deals right now and which fit your loan size and location. Pre-qualify and we'll find your match (free to borrowers).