{"ok":true,"canonical_url":"https://dealroom.so/franchises/the-covery","api_url":"https://dealroom.so/api/public/franchises/the-covery","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 Covery","slug":"the-covery","url":"https://dealroom.so/franchises/the-covery","sbaLoansSince2020":3,"businessPurchases":0,"typicalDeal":862600,"dealRange25th75th":[469000,1000000],"avgRatePct":10.5,"failureRatePct":null,"failureRateNote":"too few loans to score","loansSinceFY2025":0,"topLenders":[{"name":"Eastern Bank","count":1,"url":"https://dealroom.so/lenders/eastern-bank"},{"name":"Newtek Bank, National Association","count":1,"url":"https://dealroom.so/lenders/newtek-bank-national-association"},{"name":"BayFirst National Bank","count":1,"url":"https://dealroom.so/lenders/bayfirst-national-bank"}],"topStates":[{"count":1,"state":"MA"},{"count":1,"state":"MS"},{"count":1,"state":"FL"}],"recentDeals":[{"borrower":"Campana Holdings, LLC","city":"Woburn","state":"MA","amount":469000,"fiscalYear":2024,"businessPurchase":false,"lender":"Eastern Bank"},{"borrower":"The Covery-Flowood","city":"Hickory","state":"MS","amount":1000000,"fiscalYear":2023,"businessPurchase":false,"lender":"Newtek Bank, National Association"},{"borrower":"Big Lake Wellness LLC","city":"Sarasota","state":"FL","amount":862600,"fiscalYear":2023,"businessPurchase":false,"lender":"BayFirst 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/the-covery","source_type":"DealRoom Data"}}