Mi Gente 2 Go!
1
SBA Loans
$136K
Total Financed
$136K
Avg Loan Size
—
YoY Loan Growth
How Mi Gente 2 Go! Compares
- Ranks #285 of 413 Retail brands by SBA loan count (#2,821 of 3,543 overall).
- Its average loan of $136K is 67% below the Retail median of $415K.
- With only 1 loan on record, its own charge-off rate isn't statistically meaningful -- for context, Retail brands overall see a 1.1% charge-off rate across 4,387 loans.
SBA Loan Activity by Fiscal Year
| Fiscal Year | Loans | Total Financed |
|---|---|---|
| FY2021 | 1 | $136K |
FY2021 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where Mi Gente 2 Go! Is Getting SBA-Financed
Recent SBA-Financed Mi Gente 2 Go! Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is Mi Gente 2 Go! growing or shrinking?
Mi Gente 2 Go! doesn't have enough SBA loan activity in both FY2020 and FY2021 to calculate a reliable year-over-year trend. For context, it ranks #285 of 413 Retail brands by total SBA loan count since FY2020 -- a snapshot of scale, if not of trend.
How much does it cost to open a Mi Gente 2 Go! franchise?
We don't have that figure -- investment ranges and fees come from a franchisor's Franchise Disclosure Document (FDD), which this site doesn't parse (see methodology). The average SBA loan size of $136K (67% below the typical Retail brand's $415K) is a rough proxy, but SBA loans often cover only part of total investment.
What's the SBA loan default rate for Mi Gente 2 Go!?
Mi Gente 2 Go! only has 1 SBA loan on record -- too few to calculate a meaningful charge-off rate on its own. For context, Retail brands overall see a 1.1% charge-off rate across 4,387 loans.
Explore More
Top SBA Lenders
- Cooperativa de Ahorro y Cr<ac,e>dito de Arecibo (COOPACA)1
Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset