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Franchises›The Driveway Company
SBA Franchise IDS4413

SBA Loans for The Driveway Company Franchises

Who actually funds The Driveway Company SBA 7(a) deals, and how much they lend. Sourced directly from SBA FOIA records covering every approved 7(a) loan from 2021 to 2023.

5
SBA 7(a) loans
$690K
Total approved
$138K
Avg loan size
2
Lenders

Top lenders funding The Driveway Company SBA loans

Ranked by number of The Driveway Company 7(a) loans approved since 2021.

#LenderLoansTotal VolumeAvg Loan
1United Midwest Savings Bank National Association4$600K$150K
2Paradise Bank1$90K$90K

Source: SBA FOIA 7(a) loan-level data, 2021 to 2023. Shows lenders with at least one approved The Driveway Company loan in this period, ranked by loan count.

The Driveway Company SBA loans by state

StateLoansTotal VolumeAvg Loan
FL2$240K$120K
NC1$150K$150K
OK1$150K$150K
TX1$150K$150K

The Driveway Company SBA loans by year

FY2021
3
$450K
FY2022
1
$150K
FY2023
1
$90K

How The Driveway Company SBA loans have performed

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

Defaulted
0 of 7
0.0% · SBA paid out on the guaranty
Charged off
0 of 7
0.0% · Written off (part of defaulted)
Paid in full
4 of 7
57.1% · Loan fully repaid
Still active
3 of 7
42.9% · 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.

How to use this

The lenders above have actually closed SBA 7(a) loans for The Driveway Company 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 The Driveway Company deal to a lender currently funding this brand.

Financing a The Driveway Company franchise?

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