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Franchises›True Rest Spa
SBA Franchise IDS2298✓ SBA-eligible franchise· listed since 2017

SBA Loans for True Rest Spa Franchises

Who actually funds True Rest Spa SBA 7(a) deals, and how much they lend. Sourced directly from SBA FOIA records covering every approved 7(a) loan from 2021 to 2026.

7
SBA 7(a) loans
$2.8M
Total approved
$398K
Avg loan size
5
Lenders

Top lenders funding True Rest Spa SBA loans

Ranked by number of True Rest Spa 7(a) loans approved since 2021.

#LenderLoansTotal VolumeAvg Loan
1The Huntington National Bank2$375K$188K
1Citizens Bank2$926K$463K
3Community Bank of Mississippi1$335K$335K
3Capital Bank, National Association1$610K$610K
3The Bancorp Bank National Association1$542K$542K

Source: SBA FOIA 7(a) loan-level data, 2021 to 2026. Shows lenders with at least one approved True Rest Spa loan in this period, ranked by loan count.

True Rest Spa SBA loans by state

StateLoansTotal VolumeAvg Loan
CA1$610K$610K
OH1$542K$542K
NH1$472K$472K
MI1$454K$454K
VA2$375K$188K
FL1$335K$335K

True Rest Spa SBA loans by year

FY2021
2
$1.0M
FY2022
2
$1.1M
FY2023
2
$375K
FY2026
1
$335K

How True Rest Spa SBA loans have performed

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

Defaulted
2 of 10
20.0% · SBA paid out on the guaranty
Charged off
2 of 10
20.0% · Written off (part of defaulted)
Paid in full
4 of 10
40.0% · Loan fully repaid
Still active
4 of 10
40.0% · 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 True Rest Spafrom the SBA Franchise Directory

When the real estate where the franchise business is located will secure the SBA-guaranteed loan, the Addendum to Lease may not be executed.

How to use this

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

Financing a True Rest Spa franchise?

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