How much do lenders finance for a Groovy Hues; Groovy Hues Painting franchise?

The median SBA loan approved for a Groovy Hues; Groovy Hues Painting franchise is $234,700, with the middle 80% of loans between $50,000 and $456,100. That is the financed portion only - it excludes the buyer's equity injection, which SBA lenders typically require at 10% or more of total project cost for a business acquisition or new franchise unit.

Which lenders finance Groovy Hues; Groovy Hues Painting franchises?

By dollars approved, the most active SBA lenders for Groovy Hues; Groovy Hues Painting have been The Huntington National Bank, First Bank of the Lake, First Commonwealth Bank, Westerra CU. Many franchise brands also maintain their own lists of preferred lenders, which may differ from who has historically approved the most volume.

How long are Groovy Hues; Groovy Hues Painting SBA loans?

The median term is 10 yr. SBA 7(a) terms run up to 10 years for working capital and equipment, and up to 25 years when the loan is secured by real estate - so a longer median usually means the loans included property.

Franchise financing

Financing a Groovy Hues; Groovy Hues Painting franchise

SBA lenders have approved 39 loans against the Groovy Hues; Groovy Hues Painting brand since FY2010, totalling $9.9M. The median approval was $234,700. These are loans that actually closed - not projections from a disclosure document.

Rank by loan count

#587

of 1,651 brands

Loans approved

FY2010 onward

Median loan

$234,700

Typical range

$50K-$456K

Middle 80% of loans

Median term

10 yr

Charge-off rate

Cohort too small

Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.

Lenders

Who financed Groovy Hues; Groovy Hues Painting

Lender	Loans	Approved
The Huntington National Bank	24	$6.1M
First Bank of the Lake	8	$2.2M
First Commonwealth Bank	2	$465K
Westerra CU	1	$440K
Magnifi Financial CU	2	$290K
Mountain America FCU	1	$208K
United Midwest Savings Bank	1	$150K

Geography

Where Groovy Hues; Groovy Hues Painting units were financed

State	Loans	Share
Texas	19
Tennessee	4
North Carolina	3
Colorado	3
Iowa	2
Georgia	2
Arizona	2
South Carolina	1

Approvals by fiscal year

’23

’24

’25

’26

Loan count by fiscal year - a rough proxy for how fast the brand was opening units. Final bar is a partial year.

Loan sizes

Under $50K
3%
$50K - $150K
33%
$150K - $350K
23%
$350K - $1M
41%

Financing a Groovy Hues; Groovy Hues Painting: common questions

How much do lenders finance for a Groovy Hues; Groovy Hues Painting franchise?: The median SBA loan approved for a Groovy Hues; Groovy Hues Painting franchise is $234,700, with the middle 80% of loans between $50,000 and $456,100. That is the financed portion only - it excludes the buyer's equity injection, which SBA lenders typically require at 10% or more of total project cost for a business acquisition or new franchise unit.
Which lenders finance Groovy Hues; Groovy Hues Painting franchises?: By dollars approved, the most active SBA lenders for Groovy Hues; Groovy Hues Painting have been The Huntington National Bank, First Bank of the Lake, First Commonwealth Bank, Westerra CU. Many franchise brands also maintain their own lists of preferred lenders, which may differ from who has historically approved the most volume.
How long are Groovy Hues; Groovy Hues Painting SBA loans?: The median term is 10 yr. SBA 7(a) terms run up to 10 years for working capital and equipment, and up to 25 years when the loan is secured by real estate - so a longer median usually means the loans included property.

Compare other brands

Median loan size and charge-off rate across every franchise in the SBA record.

How SBA 7(a) works

The programme most franchise buyers use, explained end to end.

Buying a franchise with an SBA loan

Equity injection, the franchise directory, and what lenders check.

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