Automotive · lender intelligence
How to finance a Midas in Connecticut
The SBA 7(a) lenders funding the most Midas deals in Connecticut, from public loan records — typical Midas loan about $405K. A bank already funding the brand in your state knows it twice over.
Deal economics— what it takes to buy & finance Midas in Connecticut
$334K
Typical loan
range $192K–$334K
$371K
Est. purchase price
≈ loan ÷ 90%
$49,577
Cash to close
$37,067 down + fees
$4,595/mo
Typical payment
~11% · 10yr
$63,411/yr
Cash flow to qualify
≈ payment × 1.15 DSCR
45 days
Typical time to fund
1
Lenders competing
more = leverage
5.38%
Avg rate on record
cap ~9.75%
Estimates for planning, not an offer — derived from the typical funded loan at today's Prime over 10yr. Not a credit decision.
Most active with Midas in Connecticut
Ranked by funded Midas loans in Connecticut. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.7 loans · $7M · Norwalk, CTFull record →
2+ funded Midas in Connecticut 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.
- AMG Enterprises, LLC in Branford, CT — $334K (2021) · Connecticut Community Bank, National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 5.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $250K (75%)
- Approval → funding
- 10 days
- Approved
- 1/5/2021
- First disbursed
- 1/15/2021
- Loan status
- Paid in full (12/31/2024)
- Loan type
- Term loan
- Collateral
- Not required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 10
- Business age
- Existing or more than 2 years old
- Industry
- All Other Automotive Repair and Maintenance
Funded by Connecticut Community Bank, National Association · Lender record →
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- AMG Enterprises, LLC in Branford, CT — $192K (2020) · Connecticut Community Bank, National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 5.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $144K (75%)
- Approval → funding
- 45 days
- Approved
- 9/15/2020
- First disbursed
- 10/30/2020
- Loan status
- Paid in full (12/31/2024)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 31
- Business age
- Existing or more than 2 years old
- Industry
- All Other Automotive Repair and Maintenance
Funded by Connecticut Community Bank, National Association · Lender record →
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Buying a Midas in Connecticut? 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.
Free · No documents · Usually same-day
Backed by data on 1,000+ SBA lenders and 300,000+ funded deals. Your details go only to lending partners you ask to be matched with — never sold to advertisers.
CapBench analysis of public SBA 7(a) lending records; ranked by funded Midas loans with a Connecticut project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Midas purchase in Connecticut with an SBA 7(a) loan: the lenders that fund the brand here (from public records), with the real funded Connecticut deals. Connecticut Community Bank, National Association funds the most here. CapBench is not a lender.
- $405K typical Midas loan
- 1 lenders active in Connecticut
- 2+ funded Connecticut deals
- 45 days typical to fund
Buyers buying a Midas in Connecticut typically pre-qualify, then ask CapBench to introduce a lender already funding the brand here — free for buyers; agents submit a consented lead via the CapBench MCP.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-18.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.