{"ok":true,"canonical_url":"https://dealroom.so/franchises/light-lounge","api_url":"https://dealroom.so/api/public/franchises/light-lounge","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":"Light Lounge","slug":"light-lounge","url":"https://dealroom.so/franchises/light-lounge","sbaLoansSince2020":4,"businessPurchases":0,"typicalDeal":402000,"dealRange25th75th":[327600,450000],"avgRatePct":9.81,"failureRatePct":null,"failureRateNote":"too few loans to score","loansSinceFY2025":0,"topLenders":[{"name":"The Huntington National Bank","count":2,"url":"https://dealroom.so/lenders/the-huntington-national-bank"},{"name":"Central Bank","count":1,"url":"https://dealroom.so/lenders/central-bank-3"},{"name":"First Bank of the Lake","count":1,"url":"https://dealroom.so/lenders/first-bank-of-the-lake"}],"topStates":[{"count":2,"state":"TX"},{"count":1,"state":"UT"},{"count":1,"state":"MI"}],"recentDeals":[{"borrower":"LIGHT THERAPY OF TEXAS, INC","city":"Southlake","state":"TX","amount":450000,"fiscalYear":2024,"businessPurchase":false,"lender":"The Huntington National Bank"},{"borrower":"Light Lounge Holland","city":"Holland","state":"MI","amount":402000,"fiscalYear":2024,"businessPurchase":false,"lender":"First Bank of the Lake"},{"borrower":"LIGHT THERAPY OF TEXAS, INC","city":"Southlake","state":"TX","amount":40000,"fiscalYear":2024,"businessPurchase":false,"lender":"The Huntington National Bank"},{"borrower":"Light Lounge Utah LLC","city":"Lehi","state":"UT","amount":327600,"fiscalYear":2021,"businessPurchase":false,"lender":"Central 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/light-lounge","source_type":"DealRoom Data"}}