How much do lenders finance for a Spray-Net franchise?

The median SBA loan approved for a Spray-Net franchise is $150,000, with the middle 80% of loans between $40,000 and $300,000. 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 Spray-Net franchises?

By dollars approved, the most active SBA lenders for Spray-Net have been United Midwest Savings Bank, The Huntington National Bank, First Bank of the Lake, Centennial 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 Spray-Net 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 Spray-Net franchise

SBA lenders have approved 44 loans against the Spray-Net brand since FY2010, totalling $7.4M. The median approval was $150,000. These are loans that actually closed - not projections from a disclosure document.

Rank by loan count

#515

of 1,651 brands

Loans approved

FY2010 onward

Median loan

$150,000

Typical range

$40K-$300K

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 Spray-Net

Lender	Loans	Approved
United Midwest Savings Bank	19	$2.9M
The Huntington National Bank	12	$1.8M
First Bank of the Lake	5	$1.4M
Centennial Bank	4	$582K
Newtek Bank	2	$350K
The Bank of Houston	1	$230K
Readycap Lending, LLC	1	$169K

Geography

Where Spray-Net units were financed

State	Loans	Share
Texas	10
Florida	4
North Carolina	3
Colorado	3
Alabama	3
Georgia	2
New Jersey	2
Tennessee	2

Approvals by fiscal year

’21

’22

’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
11%
$50K - $150K
11%
$150K - $350K
75%
$350K - $1M
2%

Financing a Spray-Net: common questions

How much do lenders finance for a Spray-Net franchise?: The median SBA loan approved for a Spray-Net franchise is $150,000, with the middle 80% of loans between $40,000 and $300,000. 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 Spray-Net franchises?: By dollars approved, the most active SBA lenders for Spray-Net have been United Midwest Savings Bank, The Huntington National Bank, First Bank of the Lake, Centennial 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 Spray-Net 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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