{"ok":true,"canonical_url":"https://dealroom.so/franchises/tierra-encantada","api_url":"https://dealroom.so/api/public/franchises/tierra-encantada","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":"Tierra Encantada","slug":"tierra-encantada","url":"https://dealroom.so/franchises/tierra-encantada","sbaLoansSince2020":3,"businessPurchases":0,"typicalDeal":2125000,"dealRange25th75th":[653000,2329000],"avgRatePct":7.58,"failureRatePct":null,"failureRateNote":"too few loans to score","loansSinceFY2025":2,"topLenders":[{"name":"Northeast Bank","count":2,"url":"https://dealroom.so/lenders/northeast-bank-2"},{"name":"Stearns Bank National Association","count":1,"url":"https://dealroom.so/lenders/stearns-bank-national-association"}],"topStates":[{"count":2,"state":"MN"},{"count":1,"state":"TX"}],"recentDeals":[{"borrower":"TE EDUCATION LLC","city":"Houston","state":"TX","amount":2125000,"fiscalYear":2026,"businessPurchase":false,"lender":"Stearns Bank National Association"},{"borrower":"Tierra Encantada - Bloomington LLC","city":"Minneapolis","state":"MN","amount":2329000,"fiscalYear":2025,"businessPurchase":false,"lender":"Northeast Bank"},{"borrower":"Kairos LLC","city":"Hopkins","state":"MN","amount":653000,"fiscalYear":2021,"businessPurchase":false,"lender":"Northeast 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/tierra-encantada","source_type":"DealRoom Data"}}