Franchise financing
Financing a Parisi Speed School franchise
SBA lenders have approved 11 loans against the Parisi Speed School brand since FY2010, totalling $5.8M. The median approval was $248,000. These are loans that actually closed - not projections from a disclosure document.
Rank by loan count
#1454
of 1,651 brands
Loans approved
11
FY2010 onward
Median loan
$248,000
Typical range
$133K-$897K
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 Parisi Speed School
| Lender | Loans | Approved | Share |
|---|---|---|---|
| SEDA-COG Local Development Corporation | 1 | $2.5M | |
| WBD, Inc. | 1 | $897K | |
| First National Community Bank | 1 | $750K | |
| Arvest Bank | 1 | $400K | |
| Pinnacle Bank | 1 | $300K | |
| Northwest Ohio Development Assistance Corporation | 1 | $248K | |
| Columbia Bank | 1 | $200K | |
| The Huntington National Bank | 1 | $150K |
Geography
Where Parisi Speed School units were financed
| State | Loans | Share |
|---|---|---|
| Texas | 2 | |
| Pennsylvania | 1 | |
| Ohio | 1 | |
| Wisconsin | 1 | |
| Georgia | 1 | |
| Arizona | 1 | |
| New Jersey | 1 | |
| Louisiana | 1 |
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
- $50K - $150K18%
- $150K - $350K45%
- $350K - $1M27%
- Over $2M9%
Financing a Parisi Speed School: common questions
- How much do lenders finance for a Parisi Speed School franchise?
- The median SBA loan approved for a Parisi Speed School franchise is $248,000, with the middle 80% of loans between $133,200 and $897,000. 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 Parisi Speed School franchises?
- By dollars approved, the most active SBA lenders for Parisi Speed School have been SEDA-COG Local Development Corporation, WBD, Inc., First National Community Bank, Arvest Bank. 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 Parisi Speed School 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.
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