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FRANCHISE BRAND· Fitness and Recreational Sports Centers

SBA loans for Magic Dragon

9 SBA loans have financed Magic Dragon locations since 2001, written by 7 different lenders across 5 states. Half were approved for $110K or less, the mix is almost entirely 7(a), and 78% went to owners whose business was under two years old.

Rank lenders for my deal
SBA loans
9
3 in last 5 yrs
Median approval
$110K
90th pct $530K
Total approved
$1.9M
all years
To new owners
78%
7 loans
Lenders
7
5 states

The lenders that fund Magic Dragon

A lender that has already underwritten this brand knows the unit economics, the build-out costs, and the franchisor. That is worth more to you than a bigger bank starting from scratch.

1
Oakdale, MN
Magic Dragon loans
2
In last 5 yrs
2
Typical loan
$383K
To new owners
100%
Last approval
Jan 2024
2
Cleveland, OH
Magic Dragon loans
1
In last 5 yrs
1
Typical loan
$490K
To new owners
100%
Last approval
Sep 2021
3
Pasadena, CA
Magic Dragon loans
2
In last 5 yrs
0
Typical loan
$110K
To new owners
100%
Last approval
Jan 2002
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
4
Round Rock, TX
Magic Dragon loans
1
In last 5 yrs
0
Typical loan
$214K
To new owners
0%
Last approval
Feb 2019
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
5
Jefferson City, MO
Magic Dragon loans
1
In last 5 yrs
0
Typical loan
$110K
To new owners
0%
Last approval
Apr 2018
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
6
Charlotte, NC
Magic Dragon loans
1
In last 5 yrs
0
Typical loan
$10K
To new owners
100%
Last approval
Jun 2003
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
7
Los Angeles, CA
Magic Dragon loans
1
In last 5 yrs
0
Typical loan
$94K
To new owners
100%
Last approval
Apr 2003
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.