How much do lenders finance for a Music Go Round franchise?

The median SBA loan approved for a Music Go Round franchise is $226,300, with the middle 80% of loans between $20,000 and $850,000. 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 Music Go Round franchises?

By dollars approved, the most active SBA lenders for Music Go Round have been The Huntington National Bank, First Bank of the Lake, PNC Bank, First Internet Bank of Indiana. 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 Music Go Round 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 Music Go Round franchise

SBA lenders have approved 24 loans against the Music Go Round brand since FY2010, totalling $8.2M. The median approval was $226,300. These are loans that actually closed - not projections from a disclosure document.

Rank by loan count

#867

of 1,651 brands

Loans approved

FY2010 onward

Median loan

$226,300

Typical range

$20K-$850K

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 Music Go Round

Lender	Loans	Approved
The Huntington National Bank	7	$2.7M
First Bank of the Lake	1	$1.0M
PNC Bank	2	$900K
First Internet Bank of Indiana	1	$570K
Guardian CU	2	$550K
Cornhusker Bank	1	$440K
First National Bank of Pennsylvania	1	$389K
Wells Fargo Bank	1	$350K

Geography

Where Music Go Round units were financed

State	Loans	Share
Wisconsin	4
Michigan	4
Minnesota	2
Colorado	2
Texas	2
Ohio	2
North Carolina	2
Iowa	1

Approvals by fiscal year

’11

’13

’14

’15

’17

’19

’20

’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
13%
$50K - $150K
17%
$150K - $350K
38%
$350K - $1M
25%
$1M - $2M
8%

Financing a Music Go Round: common questions

How much do lenders finance for a Music Go Round franchise?: The median SBA loan approved for a Music Go Round franchise is $226,300, with the middle 80% of loans between $20,000 and $850,000. 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 Music Go Round franchises?: By dollars approved, the most active SBA lenders for Music Go Round have been The Huntington National Bank, First Bank of the Lake, PNC Bank, First Internet Bank of Indiana. 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 Music Go Round 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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