{"ok":true,"canonical_url":"https://dealroom.so/franchises/garra-spas","api_url":"https://dealroom.so/api/public/franchises/garra-spas","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":"Garra Spas","slug":"garra-spas","url":"https://dealroom.so/franchises/garra-spas","sbaLoansSince2020":3,"businessPurchases":0,"typicalDeal":170000,"dealRange25th75th":[30000,196700],"avgRatePct":10.25,"failureRatePct":null,"failureRateNote":"too few loans to score","loansSinceFY2025":1,"topLenders":[{"name":"Readycap Lending, LLC","count":1,"url":"https://dealroom.so/lenders/readycap-lending-llc"},{"name":"PNC Bank, National Association","count":1,"url":"https://dealroom.so/lenders/pnc-bank-national-association"},{"name":"Newtek Small Business Finance, Inc.","count":1,"url":null}],"topStates":[{"count":2,"state":"FL"},{"count":1,"state":"TN"}],"recentDeals":[{"borrower":"Garra Fish Spas","city":"Chattanooga","state":"TN","amount":170000,"fiscalYear":2025,"businessPurchase":false,"lender":"Readycap Lending, LLC"},{"borrower":"DR IT INVESTMENTS LLC","city":"Orlando","state":"FL","amount":30000,"fiscalYear":2023,"businessPurchase":false,"lender":"PNC Bank, National Association"},{"borrower":"Garra Spa","city":"Cocoa Beach","state":"FL","amount":196700,"fiscalYear":2022,"businessPurchase":false,"lender":"Newtek Small Business Finance, Inc."}]},"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/garra-spas","source_type":"DealRoom Data"}}