Automotive · lender intelligence

How to finance a Midas in Indiana

State:

The SBA 7(a) lenders funding the most Midas deals in Indiana, 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 Indiana

$180K

Typical loan

range $162K–$300K

$200K

Est. purchase price

≈ loan ÷ 90%

$26,750

Cash to close

$20,000 down + fees

$2,635/mo

Typical payment

~12.5% · 10yr

$36,363/yr

Cash flow to qualify

≈ payment × 1.15 DSCR

11 days

Typical time to fund

Lenders competing

more = leverage

6.75%

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 Indiana

Ranked by funded Midas loans in Indiana. Tap a lender for its full record, or hit Get in touch for an introduction.

1.25 loans · $5M · Whiting, INFull record →
2.1,296 loans · $1.4B · Wilmington, NCFull record →
3.2,539 loans · $965M · Columbus, OHFull record →

8+ funded Midas in Indiana 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.

TOUCH OF GOLD X LLC in Fort Wayne, IN — $180K (2023) · purchase · Centier Bank
Program
Preferred Lenders Program
Rate at approval
10.75% variable
Term
120 mo (10 yrs)
SBA guaranteed
$135K (75%)
Approval → funding
4 days
Approved
9/28/2023
First disbursed
10/2/2023
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
6
Business age
Change of Ownership
Industry
Automotive Oil Change and Lubrication Shops
If you were the buyer here
Est. deal size
$200K
Est. down payment (10%)
$20K
Est. cash at closing
$27K
Monthly payment
$2,454
Annual debt service
$29K
Cash flow needed (1.25×)
$37K
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 Centier Bank · Lender record →
Your business? Claim this record · Request removal
TOUCH OF GOLD XI LLC in Fort Wayne, IN — $180K (2023) · purchase · Centier Bank
Program
Preferred Lenders Program
Rate at approval
10.75% variable
Term
120 mo (10 yrs)
SBA guaranteed
$135K (75%)
Approval → funding
4 days
Approved
9/28/2023
First disbursed
10/2/2023
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
6
Business age
Change of Ownership
Industry
Automotive Oil Change and Lubrication Shops
If you were the buyer here
Est. deal size
$200K
Est. down payment (10%)
$20K
Est. cash at closing
$27K
Monthly payment
$2,454
Annual debt service
$29K
Cash flow needed (1.25×)
$37K
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 Centier Bank · Lender record →
Your business? Claim this record · Request removal
D&L Management Richmond, LLC in Richmond, IN — $300K (2022) · Live Oak Banking Company
Program
Preferred Lenders Program
Rate at approval
5.5% variable
Term
121 months
SBA guaranteed
$225K (75%)
Approval → funding
36 days
Approved
11/3/2021
First disbursed
12/9/2021
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
35
Business age
Existing or more than 2 years old
Industry
Automotive Oil Change and Lubrication Shops
Funded by Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
TOUCH OF GOLD IX LLC in Fort Wayne, IN — $162K (2022) · Centier Bank
Program
Preferred Lenders Program
Rate at approval
5% variable
Term
120 mo (10 yrs)
SBA guaranteed
$122K (75%)
Approval → funding
8 days
Approved
4/7/2022
First disbursed
4/15/2022
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
5
Business age
New Business or 2 years or less
Industry
Automotive Oil Change and Lubrication Shops
Funded by Centier Bank · Lender record →
Your business? Claim this record · Request removal
TOUCH OF GOLD IX LLC in Fort Wayne, IN — $50K (2022) · Centier Bank
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
5% variable
Term
107 months
SBA guaranteed
$25K (50%)
Approval → funding
27 days
Approved
4/7/2022
First disbursed
5/4/2022
Loan status
Current
Loan type
Revolving line
Collateral
Required
Business type
Corporation
Jobs supported
5
Business age
New Business or 2 years or less
Industry
Automotive Oil Change and Lubrication Shops
Funded by Centier Bank · Lender record →
Your business? Claim this record · Request removal
Touch of Gold, LLC in Gary, IN — $243K (2021) · Centier Bank
Program
Preferred Lenders Program
Rate at approval
4.5% variable
Term
300 mo (25 yrs)
SBA guaranteed
$219K (90%)
Approval → funding
11 days
Approved
8/20/2021
First disbursed
8/31/2021
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
1
Business age
Existing or more than 2 years old
Industry
All Other Automotive Repair and Maintenance
Funded by Centier Bank · Lender record →
Your business? Claim this record · Request removal
D&L Management Group, Inc. in Angola, IN — $2.1M (2020) · purchase · Live Oak Banking Company
Program
Preferred Lenders Program
Rate at approval
6.25% variable
Term
144 mo (12 yrs)
SBA guaranteed
$1.6M (75%)
Approval → funding
56 days
Approved
11/5/2019
First disbursed
12/31/2019
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
2
Business age
Change of Ownership
Industry
All Other Automotive Repair and Maintenance
If you were the buyer here
Est. deal size
$2.3M
Est. down payment (10%)
$231K
Est. cash at closing
$318K
Monthly payment
$20,518
Annual debt service
$246K
Cash flow needed (1.25×)
$308K
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 →
Your business? Claim this record · Request removal
BMOC BIZ BROAD RIPPLE LLC in Brownsburg, IN — $50K (2020) · The Huntington National Bank
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
6.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$25K (50%)
Approved
4/26/2020
Loan status
Cancelled
Loan type
Revolving line
Collateral
Not required
Business type
Corporation
Jobs supported
6
Business age
New Business or 2 years or less
Industry
General Automotive Repair
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal

Buying a Midas in Indiana? 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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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.

By submitting, I agree that CapBench may share my contact information with SBA lending partners and loan brokers (including partners who compensate CapBench), and that they and CapBench may contact me about financing by phone, email, and text — including via autodialed or prerecorded calls and messages — at the phone number and email I provide. Consent is not a condition of any purchase or service, and message and data rates may apply. CapBench is not a lender and makes no credit decision.

CapBench analysis of public SBA 7(a) lending records; ranked by funded Midas loans with a Indiana project address. Mega-bank call-center lenders excluded.

Agent summary

How to finance a Midas purchase in Indiana with an SBA 7(a) loan: the lenders that fund the brand here (from public records), with the real funded Indiana deals. Centier Bank funds the most here. CapBench is not a lender.

$405K typical Midas loan
3 lenders active in Indiana
8+ funded Indiana deals
11 days typical to fund

Buyers buying a Midas in Indiana 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.

Next steps

Pre-qualify this deal Talk to a loan broker All Midas lenders

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/lenders/franchise/midas/indiana
API:: https://www.capbench.com/api/public/lenders?franchise=midas
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.