SBA Loans for Merlin 200,000 Miles Shops Franchises
Who actually funds Merlin 200,000 Miles Shops SBA 7(a) deals, and how much they lend. Sourced directly from SBA FOIA records covering every approved 7(a) loan from 2024 to 2025.
Top lenders funding Merlin 200,000 Miles Shops SBA loans
Ranked by number of Merlin 200,000 Miles Shops 7(a) loans approved since 2024.
| # | Lender | Loans | Total Volume | Avg Loan |
|---|---|---|---|---|
| 1 | Community State Bank | 1 | $30K | $30K |
| 1 | Pinnacle Bank | 1 | $216K | $216K |
Source: SBA FOIA 7(a) loan-level data, 2024 to 2025. Shows lenders with at least one approved Merlin 200,000 Miles Shops loan in this period, ranked by loan count.
Merlin 200,000 Miles Shops SBA loans by state
| State | Loans | Total Volume | Avg Loan |
|---|---|---|---|
| NC | 1 | $216K | $216K |
| WI | 1 | $30K | $30K |
Merlin 200,000 Miles Shops SBA loans by year
How Merlin 200,000 Miles Shops SBA loans have performed
Outcomes for every funded Merlin 200,000 Miles Shops 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 Merlin 200,000 Miles Shops 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 Merlin 200,000 Miles Shops deal to a lender currently funding this brand.
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