Automotive · lender intelligence
How to finance a Midas in Mississippi
The SBA 7(a) lenders funding the most Midas deals in Mississippi, 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 Mississippi
Ranked by funded Midas loans in Mississippi. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.1,296 loans · $1.4B · Wilmington, NCFull record →
4+ funded Midas in Mississippi 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.
- Red Eagle, LLC in Tupelo, MS — $2.1M (2026) · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 7.75% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.6M (75%)
- Approved
- 3/5/2026
- Loan status
- Committed
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 64
- Business age
- Existing or more than 2 years old
- Industry
- Automotive Oil Change and Lubrication Shops
Funded by Live Oak Banking Company · Lender record →
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- Red Eagle, LLC in Tupelo, MS — $300K (2026) · Live Oak Banking Company
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 7.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $150K (50%)
- Approved
- 3/3/2026
- Loan status
- Committed
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 64
- Business age
- Existing or more than 2 years old
- Industry
- Automotive Oil Change and Lubrication Shops
Funded by Live Oak Banking Company · Lender record →
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- Ray Automotive, LLC in Oxford, MS — $150K (2021) · BNA Bank
- Program
- 7a General
- Rate at approval
- 6% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $135K (90%)
- Approval → funding
- 87 days
- Approved
- 2/2/2021
- First disbursed
- 4/30/2021
- Loan status
- Paid in full (3/31/2022)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 16
- Business age
- Existing or more than 2 years old
- Industry
- Automotive Parts and Accessories Stores
Funded by BNA Bank
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- Ray Automotive, LLC in Columbus, MS — $270K (2020) · purchase · BNA Bank
- Program
- 7a General
- Rate at approval
- 7.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $203K (75%)
- Approval → funding
- 84 days
- Approved
- 2/6/2020
- First disbursed
- 4/30/2020
- Loan status
- Paid in full (3/31/2022)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 8
- Business age
- Change of Ownership
- Industry
- Automotive Exhaust System Repair
If you were the buyer here
- Est. deal size
- $300K
- Est. down payment (10%)
- $30K
- Est. cash at closing
- $40K
- Monthly payment
- $3,205
- Annual debt service
- $38K
- Cash flow needed (1.25×)
- $48K
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 BNA Bank
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Buying a Midas in Mississippi? 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 Mississippi project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Midas purchase in Mississippi with an SBA 7(a) loan: the lenders that fund the brand here (from public records), with the real funded Mississippi deals. Live Oak Banking Company funds the most here. DealRoom is not a lender.
- $405K typical Midas loan
- 2 lenders active in Mississippi
- 4+ funded Mississippi deals
- 87 days typical to fund
Buyers buying a Midas in Mississippi 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.