{"ok":true,"canonical_url":"https://dealroom.so/franchises/hardware-hank","api_url":"https://dealroom.so/api/public/franchises/hardware-hank","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":"Hardware Hank","slug":"hardware-hank","url":"https://dealroom.so/franchises/hardware-hank","sbaLoansSince2020":9,"businessPurchases":5,"typicalDeal":795000,"dealRange25th75th":[279000,1330000],"avgRatePct":6.39,"failureRatePct":null,"failureRateNote":"too few loans to score","loansSinceFY2025":0,"topLenders":[{"name":"Falcon National Bank","count":2,"url":"https://dealroom.so/lenders/falcon-national-bank"},{"name":"BMO Bank National Association","count":1,"url":"https://dealroom.so/lenders/bmo-bank-national-association"},{"name":"The Bank of Elk River","count":1,"url":"https://dealroom.so/lenders/the-bank-of-elk-river"},{"name":"Readycap Lending, LLC","count":1,"url":"https://dealroom.so/lenders/readycap-lending-llc"},{"name":"First State Bank of Forsyth","count":1,"url":null}],"topStates":[{"count":4,"state":"MN"},{"count":3,"state":"WI"},{"count":1,"state":"MT"},{"count":1,"state":"ND"}],"recentDeals":[{"borrower":"Northwoods Hardware Plus LLC","city":"Spooner","state":"WI","amount":1330000,"fiscalYear":2024,"businessPurchase":true,"lender":"Alerus Financial, National Association"},{"borrower":"Solon Springs Mercantile LLC","city":"Solon Springs","state":"WI","amount":1750000,"fiscalYear":2023,"businessPurchase":false,"lender":"Readycap Lending, LLC"},{"borrower":"Everyday Hometown LLC","city":"Waupaca","state":"WI","amount":795000,"fiscalYear":2021,"businessPurchase":false,"lender":"BMO Bank National Association"},{"borrower":"Hudson & Hudson Company","city":"Zimmerman","state":"MN","amount":443500,"fiscalYear":2021,"businessPurchase":true,"lender":"The Bank of Elk River"},{"borrower":"Hardware Hank","city":"Crosby","state":"ND","amount":1896800,"fiscalYear":2020,"businessPurchase":true,"lender":"Wells Fargo Bank National Association"},{"borrower":"WipperBLS Inc","city":"Clear Lake","state":"MN","amount":970000,"fiscalYear":2020,"businessPurchase":false,"lender":"Falcon National Bank"},{"borrower":"Cuda Enterprises, Inc.","city":"Braham","state":"MN","amount":279000,"fiscalYear":2020,"businessPurchase":false,"lender":"Frandsen Bank and Trust"},{"borrower":"Melstone Mercantile, LLC","city":"Melstone","state":"MT","amount":275600,"fiscalYear":2020,"businessPurchase":true,"lender":"First State Bank of Forsyth"},{"borrower":"WipperBLS Inc","city":"Clear Lake","state":"MN","amount":100000,"fiscalYear":2020,"businessPurchase":true,"lender":"Falcon National Bank"}]},"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/hardware-hank","source_type":"DealRoom Data"}}