{"ok":true,"canonical_url":"https://dealroom.so/franchises/ninja-nation","api_url":"https://dealroom.so/api/public/franchises/ninja-nation","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":"Ninja Nation","slug":"ninja-nation","url":"https://dealroom.so/franchises/ninja-nation","sbaLoansSince2020":8,"businessPurchases":0,"typicalDeal":1230000,"dealRange25th75th":[300000,1500000],"avgRatePct":10.13,"failureRatePct":null,"failureRateNote":"too few loans to score","loansSinceFY2025":1,"topLenders":[{"name":"First Bank of the Lake","count":4,"url":"https://dealroom.so/lenders/first-bank-of-the-lake"},{"name":"Merchants Bank of Indiana","count":2,"url":"https://dealroom.so/lenders/merchants-bank-of-indiana"},{"name":"SouthState Bank, National Association","count":1,"url":"https://dealroom.so/lenders/southstate-bank-national-association"},{"name":"First Commonwealth Bank","count":1,"url":"https://dealroom.so/lenders/first-commonwealth-bank"}],"topStates":[{"count":4,"state":"AZ"},{"count":2,"state":"WA"},{"count":1,"state":"NC"},{"count":1,"state":"OH"}],"recentDeals":[{"borrower":"Ninja Nation Mahoning Valley, LLC","city":"Youngstown","state":"OH","amount":1230000,"fiscalYear":2025,"businessPurchase":false,"lender":"First Commonwealth Bank"},{"borrower":"Ninja Nation Sonora Village","city":"Scottsdale","state":"AZ","amount":1500000,"fiscalYear":2024,"businessPurchase":false,"lender":"First Bank of the Lake"},{"borrower":"SEA Change Enterprises Inc.","city":"Spokane","state":"WA","amount":1249500,"fiscalYear":2024,"businessPurchase":false,"lender":"Merchants Bank of Indiana"},{"borrower":"SEA Change Enterprises Inc.","city":"Spokane","state":"WA","amount":300000,"fiscalYear":2024,"businessPurchase":false,"lender":"Merchants Bank of Indiana"},{"borrower":"Ninja Nation Sonora Village","city":"Scottsdale","state":"AZ","amount":50000,"fiscalYear":2024,"businessPurchase":false,"lender":"First Bank of the Lake"},{"borrower":"Chain and Sickle I LLC","city":"Glendale","state":"AZ","amount":1954000,"fiscalYear":2023,"businessPurchase":false,"lender":"First Bank of the Lake"},{"borrower":"Chain and Sickle I LLC","city":"Glendale","state":"AZ","amount":25000,"fiscalYear":2023,"businessPurchase":false,"lender":"First Bank of the Lake"},{"borrower":"NINJA NATION CHARLOTTE LLC","city":"Huntersville","state":"NC","amount":1197000,"fiscalYear":2021,"businessPurchase":false,"lender":"SouthState Bank, National Association"}]},"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/ninja-nation","source_type":"DealRoom Data"}}