FranchiseRanked

Midas

Automotive ServicesSBA loans FY2020–FY2026

67

SBA Loans

$46.3M

Total Financed

$691K

Avg Loan Size

—

YoY Loan Growth

How Midas Compares

  • Ranks #5 of 125 Automotive Services brands by SBA loan count (#140 of 3,543 overall).
  • Its average loan of $691K is 53% above the Automotive Services median of $453K.
  • Its 0.0% charge-off rate compares to a 1.5% average across all Automotive Services brands.

SBA Loan Activity by Fiscal Year

Fiscal YearLoansTotal Financed
FY202011$7.0M
FY202114$6.6M
FY202212$12.4M
FY20239$6.6M
FY20242$1.7M
FY202511$6.3M
FY20268$5.8M

FY2026 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.

Where Midas Is Getting SBA-Financed

California11 loans · $7.7MTexas10 loans · $6.6MIndiana9 loans · $3.4MMichigan5 loans · $4.1MMississippi4 loans · $2.9MWisconsin3 loans · $1.1MMinnesota3 loans · $2.5MConnecticut2 loans · $526KMassachusetts2 loans · $814KFlorida2 loans · $1.4MIllinois2 loans · $512KVirginia2 loans · $2.8MNevada1 loan · $350KPennsylvania1 loan · $1.2MAlabama1 loan · $800K

Recent SBA-Financed Midas Locations

Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.

Gallomar, LLCLEWISVILLE, TX
$175,0002026-06-30
FRANCHISE MANAGEMENT TEAM CORPANDERSON, IN
$193,5002026-05-21
Freedom Automotive CA LLCINDIO, CA
$550,0002026-03-27
Red Eagle, LLCTUPELO, MS
$2,135,0002026-03-05
Red Eagle, LLCTUPELO, MS
$300,0002026-03-03
Mechanically Inclined Inc.SACRAMENTO, CA
$436,0002026-01-16
INCLINED MECHANICALLY INC.FREMONT, CA
$436,0002026-01-15
CTMID Inc.HARRISONBURG, VA
$1,525,0002025-11-19
Mechanically Inclined Inc.CARMICHAEL, CA
$100,0002025-09-29
Brickyard Bowling Green LLCBOWLING GREEN, KY
$919,0002025-08-22
RTR Autos Erath LLCSTEPHENVILLE, TX
$2,250,0002025-08-04
BK Auto Ventures, LLCHARRISONBURG, VA
$1,268,0002025-07-28
MidasKATY, TX
$150,0002025-06-30
Mematt Investments (FL), Inc.NAPLES, FL
$250,0002025-01-24
MITCHELLS MANAGEMENT LLCLYNN, MA
$194,0002024-12-17
JLS Automotive Group LLCChicago, IL
$185,0002024-12-02
CM Kenosha Automotive LLCKENOSHA, WI
$328,0002024-10-10
Pride of Racine Automotive LLCMOUNT PLEASANT, WI
$327,0002024-10-10
Pride of Mundelein Automotive LLCLONG GROVE, IL
$327,0002024-10-10
AMJ SERVICES, INCMARQUETTE, MI
$1,506,0002024-06-25
Always Ready Automotive CorporationFREMONT, CA
$205,0002023-10-13
TOUCH OF GOLD XI LLCFORT WAYNE, IN
$180,0002023-09-28
TOUCH OF GOLD X LLCFORT WAYNE, IN
$180,0002023-09-28
Johnson & Taylor Enterprises, LLCRALEIGH, NC
$600,0002023-08-22
GOLDEN TOUCH AUTOMOTIVE LLCTAMPA, FL
$1,153,9002023-08-21

Frequently Asked Questions

Is Midas growing or shrinking?

Midas doesn't have enough SBA loan activity in both FY2025 and FY2026 to calculate a reliable year-over-year trend. For context, it ranks #5 of 125 Automotive Services brands by total SBA loan count since FY2020 -- a snapshot of scale, if not of trend.

How much does it cost to open a Midas 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 $691K (53% above the typical Automotive Services brand's $453K) is a rough proxy, but SBA loans often cover only part of total investment.

What's the SBA loan default rate for Midas?

0 of 67 SBA loans to Midas franchisees (0.0%) have been charged off since FY2020, compared to 1.5% across all Automotive Services brands.

Explore More

More Automotive Services brands Most financed franchises

Top SBA Lenders

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  • Centier Bank5
  • The Huntington National Bank3
  • IncredibleBank3
  • VelocitySBA, LLC3
Planning to finance a automotive services purchase?

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Source: SBA 7(a) FOIA loan dataset. View dataset