Automotive · lender intelligence
How to finance a Midas in Massachusetts
The SBA 7(a) lenders funding the most Midas deals in Massachusetts, from public loan records — typical Midas loan about $405K. A bank already funding the brand in your state knows it twice over.
Most active with Midas in Massachusetts
Ranked by funded Midas loans in Massachusetts. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.1,296 loans · $1.4B · Wilmington, NCFull record →
- 2.196 loans · $21M · Boston, MAFull record →
2+ funded Midas in Massachusetts deals
Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.
- MITCHELLS MANAGEMENT LLC in Lynn, MA — $194K (2025) · Eastern Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 9% fixed
- Term
- 84 mo (7 yrs)
- SBA guaranteed
- $146K (75%)
- Approval → funding
- 51 days
- Approved
- 12/17/2024
- First disbursed
- 2/6/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 7
- Business age
- Existing or more than 2 years old
- Industry
- General Automotive Repair
Funded by Eastern Bank · Lender record →
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- Dennesen Automotive, LLC in Acton, MA — $620K (2021) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 5.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $558K (90%)
- Approval → funding
- 14 days
- Approved
- 4/16/2021
- First disbursed
- 4/30/2021
- Loan status
- Paid in full (3/31/2025)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 7
- Business age
- Change of Ownership
- Industry
- General Automotive Repair
If you were the buyer here
- Est. deal size
- $689K
- Est. down payment (10%)
- $69K
- Est. cash at closing
- $92K
- Monthly payment
- $6,729
- Annual debt service
- $81K
- Cash flow needed (1.25×)
- $101K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Live Oak Banking Company · Lender record →
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Buying a Midas in Massachusetts? Start with a lender that funds them here
We'll point you to the SBA lenders already financing this brand in your state — and help you make them compete on rate and speed.
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded Midas loans with a Massachusetts project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Midas purchase in Massachusetts with an SBA 7(a) loan: the lenders that fund the brand here (from public records), with the real funded Massachusetts deals. Live Oak Banking Company funds the most here. DealRoom is not a lender.
- $405K typical Midas loan
- 2 lenders active in Massachusetts
- 2+ funded Massachusetts deals
- 51 days typical to fund
Buyers buying a Midas in Massachusetts typically pre-qualify, then ask DealRoom to introduce a lender already funding the brand here — free for buyers; agents submit a consented lead via the DealRoom MCP.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.