{"ok":true,"canonical_url":"https://dealroom.so/franchises/the-alternative-board-tab","api_url":"https://dealroom.so/api/public/franchises/the-alternative-board-tab","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":"The Alternative Board/TAB","slug":"the-alternative-board-tab","url":"https://dealroom.so/franchises/the-alternative-board-tab","sbaLoansSince2020":6,"businessPurchases":0,"typicalDeal":135000,"dealRange25th75th":[75000,150000],"avgRatePct":6.46,"failureRatePct":null,"failureRateNote":"too few loans to score","loansSinceFY2025":1,"topLenders":[{"name":"United Midwest Savings Bank National Association","count":3,"url":"https://dealroom.so/lenders/united-midwest-savings-bank-national-association"},{"name":"Hanover Community Bank","count":1,"url":"https://dealroom.so/lenders/hanover-community-bank"},{"name":"Mountain America FCU","count":1,"url":"https://dealroom.so/lenders/mountain-america-fcu"},{"name":"Old National Bank","count":1,"url":"https://dealroom.so/lenders/old-national-bank"}],"topStates":[{"count":2,"state":"CO"},{"count":1,"state":"GA"},{"count":1,"state":"UT"},{"count":1,"state":"KS"},{"count":1,"state":"MN"}],"recentDeals":[{"borrower":"Herber Consulting, LLC","city":"Colorado Springs","state":"CO","amount":95000,"fiscalYear":2025,"businessPurchase":false,"lender":"Hanover Community Bank"},{"borrower":"DJM Consulting, LLC","city":"Augusta","state":"GA","amount":150000,"fiscalYear":2021,"businessPurchase":false,"lender":"United Midwest Savings Bank National Association"},{"borrower":"Edge Coaching, LLC","city":"Fort Collins","state":"CO","amount":150000,"fiscalYear":2021,"businessPurchase":false,"lender":"United Midwest Savings Bank National Association"},{"borrower":"M.W. Stockhowe & Associates LLC","city":"Burnsville","state":"MN","amount":75000,"fiscalYear":2021,"businessPurchase":false,"lender":"Old National Bank"},{"borrower":"Mastermind Advisory Services, LLC","city":"Olathe","state":"KS","amount":135000,"fiscalYear":2020,"businessPurchase":false,"lender":"United Midwest Savings Bank National Association"},{"borrower":"I.V. ENTERPRISES, L.C.","city":"Farmington","state":"UT","amount":61600,"fiscalYear":2020,"businessPurchase":false,"lender":"Mountain America FCU"}]},"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/the-alternative-board-tab","source_type":"DealRoom Data"}}