{"ok":true,"canonical_url":"https://dealroom.so/franchises/cruisin-tikis","api_url":"https://dealroom.so/api/public/franchises/cruisin-tikis","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-15","timezone":"America/Chicago"},"methodology":{"label":"Franchise financing & failure-rate methodology","url":"https://dealroom.so/methodology/franchise-risk"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","DealRoom lender and franchise enrichment"],"franchise":{"brand":"Cruisin' Tikis","slug":"cruisin-tikis","url":"https://dealroom.so/franchises/cruisin-tikis","sbaLoansSince2020":6,"businessPurchases":2,"typicalDeal":590000,"dealRange25th75th":[90300,1016700],"avgRatePct":8.29,"failureRatePct":null,"failureRateNote":"too few loans to score","loansSinceFY2025":2,"topLenders":[{"name":"Bank of America, National Association","count":2,"url":"https://dealroom.so/lenders/bank-of-america-national-association"},{"name":"Community Bank of Mississippi","count":1,"url":"https://dealroom.so/lenders/community-bank-of-mississippi"},{"name":"VelocitySBA, LLC","count":1,"url":"https://dealroom.so/lenders/velocitysba-llc"},{"name":"The Huntington National Bank","count":1,"url":"https://dealroom.so/lenders/the-huntington-national-bank"},{"name":"TD Bank, National Association","count":1,"url":"https://dealroom.so/lenders/td-bank-national-association"}],"topStates":[{"count":5,"state":"FL"},{"count":1,"state":"NJ"}],"recentDeals":[{"borrower":"Cruisin' Tikis Leisure Group, LLC","city":"Riviera Beach","state":"FL","amount":590000,"fiscalYear":2026,"businessPurchase":true,"lender":"VelocitySBA, LLC"},{"borrower":"Dynamic Investments Tikis LLC","city":"Destin","state":"FL","amount":2151000,"fiscalYear":2025,"businessPurchase":true,"lender":"The Huntington National Bank"},{"borrower":"Destin Tikis LLC","city":"Destin","state":"FL","amount":150000,"fiscalYear":2023,"businessPurchase":false,"lender":"Bank of America, National Association"},{"borrower":"MJ Charters LLC","city":"Waretown","state":"NJ","amount":40000,"fiscalYear":2023,"businessPurchase":false,"lender":"TD Bank, National Association"},{"borrower":"Destin Tikis LLC","city":"Destin","state":"FL","amount":1016700,"fiscalYear":2022,"businessPurchase":false,"lender":"Bank of America, National Association"},{"borrower":"Orange Beach Tikis LLC","city":"Destin","state":"FL","amount":90300,"fiscalYear":2021,"businessPurchase":false,"lender":"Community Bank of Mississippi"}]},"caveats":["DealRoom data is market intelligence, not a credit decision or SBA eligibility determination.","Final lender fit depends on SBA eligibility, borrower strength, collateral, cash flow, guarantors, and lender policy."],"citation":{"label":"DealRoom franchise financing record","url":"https://dealroom.so/franchises/cruisin-tikis","source_type":"DealRoom Data"}}