CMIT Solutions
29
SBA Loans
$4.4M
Total Financed
$153K
Avg Loan Size
-50%
YoY Loan Growth
How CMIT Solutions Compares
- Ranks #15 of 241 Business & Professional Services brands by SBA loan count (#383 of 3,543 overall).
- Its average loan of $153K is 39% below the Business & Professional Services median of $250K.
- Its 0.0% charge-off rate compares to a 2.1% average across all Business & Professional Services brands.
SBA Loan Activity by Fiscal Year
| Fiscal Year | Loans | Total Financed |
|---|---|---|
| FY2020 | 3 | $350K |
| FY2021 | 5 | $665K |
| FY2022 | 3 | $878K |
| FY2023 | 2 | $200K |
| FY2024 | 6 | $913K |
| FY2025 | 3 | $433K |
| FY2026 | 7 | $985K |
FY2026 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where CMIT Solutions Is Getting SBA-Financed
Recent SBA-Financed CMIT Solutions Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is CMIT Solutions growing or shrinking?
CMIT Solutions's SBA loan count fell 50% year-over-year. A decline in SBA financing doesn't necessarily mean the brand is shrinking -- franchisees may be using other financing, or SBA lending patterns may have shifted broadly.
How much does it cost to open a CMIT Solutions franchise?
We don't have that figure -- investment ranges and fees come from a franchisor's Franchise Disclosure Document (FDD), which this site doesn't parse (see methodology). The average SBA loan size of $153K (39% below the typical Business & Professional Services brand's $250K) is a rough proxy, but SBA loans often cover only part of total investment.
What's the SBA loan default rate for CMIT Solutions?
0 of 29 SBA loans to CMIT Solutions franchisees (0.0%) have been charged off since FY2020, compared to 2.1% across all Business & Professional Services brands.
Top SBA Lenders
- United Midwest Savings Bank National Association9
- Newtek Bank, National Association5
- Readycap Lending, LLC4
- PNC Bank, National Association2
- City National Bank2
Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset