How much do lenders finance for a Planet Beach Tanning Salons franchise?

The median SBA loan approved for a Planet Beach Tanning Salons franchise is $176,000, with the middle 80% of loans between $85,000 and $312,100. 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 Planet Beach Tanning Salons franchises?

By dollars approved, the most active SBA lenders for Planet Beach Tanning Salons have been Paragon Bank, Zions Bank, A Division of, Capital One, Florida Capital 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 Planet Beach Tanning Salons 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 Planet Beach Tanning Salons franchise

SBA lenders have approved 17 loans against the Planet Beach Tanning Salons brand since FY2010, totalling $5.0M. The median approval was $176,000. These are loans that actually closed - not projections from a disclosure document.

Rank by loan count

#1089

of 1,651 brands

Loans approved

FY2010 onward

Median loan

$176,000

Typical range

$85K-$312K

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 Planet Beach Tanning Salons

Lender	Loans	Approved
Paragon Bank	2	$2.2M
Zions Bank, A Division of	3	$612K
Capital One	1	$390K
Florida Capital Bank	1	$312K
Newtek Small Business Finance, Inc.	1	$257K
Stearns Bank	1	$251K
Centennial Bank	1	$250K
Fifth Third Bank	2	$206K

Geography

Where Planet Beach Tanning Salons units were financed

State	Loans	Share
Ohio	4
Louisiana	3
Utah	3
Texas	2
Tennessee	1
Florida	1
Montana	1
Indiana	1

Approvals by fiscal year

’14

’15

’16

’17

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
12%
$50K - $150K
24%
$150K - $350K
53%
$350K - $1M
6%
Over $2M
6%

Financing a Planet Beach Tanning Salons: common questions

How much do lenders finance for a Planet Beach Tanning Salons franchise?: The median SBA loan approved for a Planet Beach Tanning Salons franchise is $176,000, with the middle 80% of loans between $85,000 and $312,100. 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 Planet Beach Tanning Salons franchises?: By dollars approved, the most active SBA lenders for Planet Beach Tanning Salons have been Paragon Bank, Zions Bank, A Division of, Capital One, Florida Capital 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 Planet Beach Tanning Salons 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.

We are a publisher, not a lender or broker. We never take applications and are never paid by borrowers. Read the full disclosures.