Franchise lender history
Lenders that funded Floor Coverings International franchisees.
Loan-level SBA 7(a) FOIA data can show which lenders have actually funded a franchise system. Use this as a lender-research starting point, not an approval prediction.
118
SBA 7(a) loans in FOIA set
$22M
Gross approved dollars
1.69%
Naive charge-off incidence
Not cohort-seasoned. See methodology.
Top lenders for Floor Coverings International
| Lender | Loans | Gross approved |
|---|---|---|
| The Huntington National Bank | 58 | $9M |
| First Bank of the Lake | 10 | $2M |
| Citizens Bank | 7 | $2M |
| United Midwest Savings Bank National Association | 7 | $1M |
| KeyBank National Association | 5 | $888,400 |
| Readycap Lending, LLC | 4 | $969,000 |
| The Farmers Bank, Frankfort, Indiana | 2 | $250,000 |
| WesBanco Bank, Inc. | 2 | $255,700 |
| Newtek Small Business Finance, Inc. | 2 | $300,000 |
| Telhio Credit Union Inc | 1 | $180,000 |
| TowneBank | 1 | $200,000 |
| The American National Bank of Texas | 1 | $216,700 |
States appearing in the brand history
- Texas: 17 loans
- Georgia: 11 loans
- Ohio: 10 loans
- Florida: 10 loans
- Colorado: 7 loans
- California: 7 loans
- Virginia: 6 loans
- Massachusetts: 6 loans
Data caveat
Recent loans have not seasoned long enough to compare default performance to older vintages. SourceFunding separates current lender activity from historical outcomes and avoids using recent cohorts as a definitive default-rate claim.