Milex Complete Auto Care
1
SBA Loans
$50K
Total Financed
$50K
Avg Loan Size
—
YoY Loan Growth
How Milex Complete Auto Care Compares
- Ranks #96 of 125 Automotive Services brands by SBA loan count (#2,530 of 3,543 overall).
- Its average loan of $50K is 89% below the Automotive Services median of $453K.
- With only 1 loan on record, its own charge-off rate isn't statistically meaningful -- for context, Automotive Services brands overall see a 1.5% charge-off rate across 1,424 loans.
SBA Loan Activity by Fiscal Year
| Fiscal Year | Loans | Total Financed |
|---|---|---|
| FY2020 | 1 | $50K |
FY2020 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where Milex Complete Auto Care Is Getting SBA-Financed
Recent SBA-Financed Milex Complete Auto Care Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is Milex Complete Auto Care growing or shrinking?
Milex Complete Auto Care doesn't have enough SBA loan activity in both FY2019 and FY2020 to calculate a reliable year-over-year trend. For context, it ranks #96 of 125 Automotive Services brands by total SBA loan count since FY2020 -- a snapshot of scale, if not of trend.
How much does it cost to open a Milex Complete Auto Care 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 $50K (89% below the typical Automotive Services brand's $453K) is a rough proxy, but SBA loans often cover only part of total investment.
What's the SBA loan default rate for Milex Complete Auto Care?
Milex Complete Auto Care only has 1 SBA loan on record -- too few to calculate a meaningful charge-off rate on its own. For context, Automotive Services brands overall see a 1.5% charge-off rate across 1,424 loans.
Top SBA Lenders
- Stearns Bank National Association1
Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset