{"ok":true,"canonical_url":"https://dealroom.so/franchises/the-hot-spot-studios","api_url":"https://dealroom.so/api/public/franchises/the-hot-spot-studios","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 Hot Spot Studios","slug":"the-hot-spot-studios","url":"https://dealroom.so/franchises/the-hot-spot-studios","sbaLoansSince2020":4,"businessPurchases":0,"typicalDeal":145000,"dealRange25th75th":[142000,148500],"avgRatePct":9.88,"failureRatePct":null,"failureRateNote":"too few loans to score","loansSinceFY2025":4,"topLenders":[{"name":"Bank Five Nine","count":3,"url":"https://dealroom.so/lenders/bank-five-nine"},{"name":"Capital Bank, National Association","count":1,"url":"https://dealroom.so/lenders/capital-bank-national-association"}],"topStates":[{"count":1,"state":"CA"},{"count":1,"state":"NC"},{"count":1,"state":"GA"},{"count":1,"state":"IN"}],"recentDeals":[{"borrower":"The Hot Spot","city":"Plainfield","state":"IN","amount":112500,"fiscalYear":2026,"businessPurchase":false,"lender":"Capital Bank, National Association"},{"borrower":"The Hot Spot Studios Fayetteville NC","city":"Fayetteville","state":"NC","amount":148500,"fiscalYear":2025,"businessPurchase":false,"lender":"Bank Five Nine"},{"borrower":"Make It Studios LLC","city":"Sugar Hill","state":"GA","amount":145000,"fiscalYear":2025,"businessPurchase":false,"lender":"Bank Five Nine"},{"borrower":"Richards Venture, LLC","city":"Victorville","state":"CA","amount":142000,"fiscalYear":2025,"businessPurchase":false,"lender":"Bank Five Nine"}]},"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-hot-spot-studios","source_type":"DealRoom Data"}}