Franchise financing
Financing a Midas Muffler Shop franchise
SBA lenders have approved 49 loans against the Midas Muffler Shop brand since FY2010, totalling $18.7M. The median approval was $150,000. These are loans that actually closed - not projections from a disclosure document.
Rank by loan count
#451
of 1,651 brands
Loans approved
49
FY2010 onward
Median loan
$150,000
Typical range
$20K-$1.1M
Middle 80% of loans
Median term
9 yr
Charge-off rate
8.3%
36 resolved FY10-19 loans
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 Midas Muffler Shop
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Wells Fargo Bank | 14 | $4.0M | |
| Alaska Growth Capital BIDCO, Inc. | 2 | $3.4M | |
| NorthStar Bank | 1 | $3.0M | |
| FirstBank | 1 | $1.4M | |
| U.S. Bank | 1 | $1.1M | |
| Community Bank of Mississippi | 2 | $855K | |
| United Midwest Savings Bank | 2 | $850K | |
| Queensborough National Bank and Trust Company | 2 | $798K |
Geography
Where Midas Muffler Shop units were financed
| State | Loans | Share |
|---|---|---|
| New York | 5 | |
| Texas | 5 | |
| New Hampshire | 4 | |
| California | 4 | |
| Florida | 3 | |
| Indiana | 3 | |
| Alaska | 3 | |
| New Jersey | 3 |
Approvals by fiscal year
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 $50K31%
- $50K - $150K18%
- $150K - $350K20%
- $350K - $1M18%
- $1M - $2M10%
- Over $2M2%
Financing a Midas Muffler Shop: common questions
- How much do lenders finance for a Midas Muffler Shop franchise?
- The median SBA loan approved for a Midas Muffler Shop franchise is $150,000, with the middle 80% of loans between $20,000 and $1,092,000. 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 Midas Muffler Shop franchises?
- By dollars approved, the most active SBA lenders for Midas Muffler Shop have been Wells Fargo Bank, Alaska Growth Capital BIDCO, Inc., NorthStar Bank, FirstBank. 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 Midas Muffler Shop SBA loans?
- The median term is 9 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.
- Do Midas Muffler Shop SBA loans get charged off often?
- 8.3% of Midas Muffler Shop loans approved between FY2010 and FY2019 that have reached a terminal status were charged off, against 7.6% across all SBA lending. Franchise-level charge-off rates reflect the era a brand expanded in as much as the concept itself - brands that grew hardest into the 2010s carry more seasoned, and more resolved, loans.
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