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FRANCHISE BRAND· All Other Personal Services

SBA loans for Tropi-Tan

9 SBA loans have financed Tropi-Tan locations since 1994, written by 4 different lenders across 1 states. Half were approved for $247K or less, the mix is a mix of 7(a) and 504, and 78% went to owners whose business was under two years old.

Rank lenders for my deal
SBA loans
9
none in last 5 yrs
Median approval
$247K
90th pct $312K
Total approved
$1.8M
all years
To new owners
78%
7 loans
Lenders
4
1 states
No SBA loan has been recorded for this brand in the last five years. That can mean the brand stopped franchising, was renamed, or is now recorded under a different name in the SBA extract. Treat the numbers above as history, not as current appetite.

The lenders that fund Tropi-Tan

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
Columbus, OH
Tropi-Tan loans
5
In last 5 yrs
0
Typical loan
$257K
To new owners
100%
Last approval
Nov 2009
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
2
Columbus, OH
Tropi-Tan loans
2
In last 5 yrs
0
Typical loan
$62K
To new owners
50%
Last approval
Sep 2001
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
3
Grandville, MI
Tropi-Tan loans
1
In last 5 yrs
0
Typical loan
$95K
To new owners
0%
Last approval
Nov 2008
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.
4
East Lansing, MI
Tropi-Tan loans
1
In last 5 yrs
0
Typical loan
$270K
To new owners
100%
Last approval
Dec 2005
No approval for this brand in the last five years. Historical expertise, but confirm they still lend on it before you invest time.