Franchise lender history
Lenders that funded Midas franchisees.
Loan-level SBA 7(a) FOIA data can show which lenders have actually funded a franchise system. Use this as a lender-research starting point, not an approval prediction.
65
SBA 7(a) loans in FOIA set
$46M
Gross approved dollars
0.00%
Naive charge-off incidence
Not cohort-seasoned. See methodology.
Top lenders for Midas
| Lender | Loans | Gross approved |
|---|---|---|
| Live Oak Banking Company | 29 | $29M |
| Centier Bank | 5 | $815,000 |
| IncredibleBank | 3 | $3M |
| The Huntington National Bank | 3 | $945,500 |
| VelocitySBA, LLC | 3 | $982,000 |
| Connecticut Community Bank, National Association | 2 | $525,800 |
| BNA Bank | 2 | $420,000 |
| Bank of the West | 2 | $380,000 |
| HomeTrust Bank | 2 | $1M |
| CDC Small Business Finance Corp. | 1 | $150,000 |
| SouthState Bank, National Association | 1 | $405,000 |
| Fifth Third Bank | 1 | $1M |
States appearing in the brand history
- California: 11 loans
- Texas: 9 loans
- Indiana: 8 loans
- Michigan: 5 loans
- Mississippi: 4 loans
- Minnesota: 3 loans
- Wisconsin: 3 loans
- Connecticut: 2 loans
Data caveat
Recent loans have not seasoned long enough to compare default performance to older vintages. SourceFunding separates current lender activity from historical outcomes and avoids using recent cohorts as a definitive default-rate claim.