SBA Loans for Midas Franchises
Who actually funds Midas SBA 7(a) deals, and how much they lend. Sourced directly from SBA FOIA records covering every approved 7(a) loan from 2021–2026.
Top lenders funding Midas SBA loans
Ranked by number of Midas 7(a) loans approved since 2021.
| # | Lender | Loans | Total Volume | Avg Loan |
|---|---|---|---|---|
| 1 | Live Oak Banking Company | 22 | $22.7M | $1.0M |
| 2 | Centier Bank | 5 | $815K | $163K |
| 3 | VelocitySBA, LLC | 3 | $982K | $327K |
| 3 | IncredibleBank | 3 | $3.2M | $1.1M |
| 5 | HomeTrust Bank | 2 | $1.2M | $624K |
| 5 | The Huntington National Bank | 2 | $896K | $448K |
| 7 | Connecticut Community Bank, National Association | 1 | $334K | $334K |
| 7 | Eastern Bank | 1 | $194K | $194K |
| 7 | Fifth Third Bank | 1 | $1.1M | $1.1M |
| 7 | First Bank | 1 | $327K | $327K |
| 7 | Bank of the West | 1 | $185K | $185K |
| 7 | KeyPoint CU | 1 | $205K | $205K |
| 7 | BankUnited, National Association | 1 | $1.2M | $1.2M |
| 7 | Milestone Bank | 1 | $919K | $919K |
| 7 | Minnwest Bank | 1 | $1.2M | $1.2M |
| 7 | Plains State Bank | 1 | $1.2M | $1.2M |
| 7 | SouthState Bank, National Association | 1 | $405K | $405K |
| 7 | TD Bank, National Association | 1 | $250K | $250K |
| 7 | The Fidelity Bank | 1 | $600K | $600K |
| 7 | Upper Peninsula State Bank | 1 | $648K | $648K |
| 7 | CDC Small Business Finance Corp. | 1 | $150K | $150K |
| 7 | BNA Bank | 1 | $150K | $150K |
| 7 | Belmont Bank & Trust Company | 1 | $185K | $185K |
Source: SBA FOIA 7(a) loan-level data, 2021–2026. Shows lenders with at least one approved Midas loan in this period, ranked by loan count.
Midas SBA loans by state
| State | Loans | Total Volume | Avg Loan |
|---|---|---|---|
| CA | 10 | $7.3M | $727K |
| MI | 5 | $4.1M | $827K |
| TX | 5 | $4.0M | $798K |
| WA | 1 | $3.1M | $3.1M |
| VA | 2 | $2.8M | $1.4M |
| MS | 3 | $2.6M | $862K |
| MN | 3 | $2.5M | $819K |
| AZ | 1 | $1.5M | $1.5M |
| FL | 2 | $1.4M | $702K |
| TN | 1 | $1.3M | $1.3M |
| NH | 1 | $1.2M | $1.2M |
| IN | 6 | $1.1M | $186K |
| WI | 3 | $1.1M | $352K |
| KY | 1 | $919K | $919K |
| MA | 2 | $814K | $407K |
Midas SBA loans by year
SBA lender notes for Midasfrom 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. The Option Shop Lease Agreement may not be executed during the term of the SBA Loan. 3. Lender/CDC must ensure the obtain the correct lien position on 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 Midas 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 Midas deal to a lender currently funding this brand.
Financing a Midas franchise?
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