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FRANCHISE BRAND· General Automotive Repair

SBA loans for Midas

491 SBA loans have financed Midas locations since 1990, written by 169 different lenders across 48 states. Half were approved for $287K or less, the mix is almost entirely 7(a), and 27% went to owners whose business was under two years old.

Rank lenders for my deal
SBA loans
491
66 in last 5 yrs
Median approval
$287K
90th pct $945K
Total approved
$209.2M
all years
To new owners
27%
132 loans
Lenders
169
48 states

The lenders that fund Midas

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
Wilmington, NC
Midas loans
45
In last 5 yrs
25
Typical loan
$933K
To new owners
9%
Last approval
Mar 2026
2
Whiting, IN
Midas loans
5
In last 5 yrs
5
Typical loan
$163K
To new owners
40%
Last approval
Sep 2023
3
Irving, TX
Midas loans
4
In last 5 yrs
3
Typical loan
$249K
To new owners
75%
Last approval
Oct 2024
4
Wausau, WI
Midas loans
4
In last 5 yrs
3
Typical loan
$908K
To new owners
0%
Last approval
Jun 2024
5
Columbus, OH
Midas loans
12
In last 5 yrs
2
Typical loan
$254K
To new owners
42%
Last approval
Aug 2021
6
Tallahassee, FL
Midas loans
5
In last 5 yrs
2
Typical loan
$499K
To new owners
0%
Last approval
Oct 2021
7
Columbia, SC
Midas loans
4
In last 5 yrs
2
Typical loan
$1.2M
To new owners
0%
Last approval
Oct 2022
8
Indianapolis, IN
Midas loans
3
In last 5 yrs
2
Typical loan
$252K
To new owners
0%
Last approval
Sep 2022
9
Springfield, IL
Midas loans
2
In last 5 yrs
2
Typical loan
$472K
To new owners
0%
Last approval
Mar 2026
10
Asheville, NC
Midas loans
2
In last 5 yrs
2
Typical loan
$624K
To new owners
0%
Last approval
Jan 2022
11
Sioux Falls, SD
Midas loans
77
In last 5 yrs
1
Typical loan
$355K
To new owners
47%
Last approval
Aug 2021
12
Wilmington, DE
Midas loans
6
In last 5 yrs
1
Typical loan
$412K
To new owners
67%
Last approval
Jan 2025