Live SBA 7(a) Loan Data · 2010–2026

SBA Franchise Loan Default Rates

Search default rates, loan counts, and average loan sizes for 2,465 franchise brands- sourced directly from SBA 7(a) government data.

57,000+ SBA loans across 2,465 matched franchise brands · 2010–2026 · National avg default rate ~8%

Highest Default Rate (20+ loans)
EXPERIMAC
67.2% default rate · 66 loans
Lowest Default Rate (10+ loans)
PRIMROSE SCHOOLS
0.0% default rate · 385 loans
Sort:Showing top 100 of 2,465 brands
Brand
Default Rate
SUBWAY
1,219 loans · 2010-2026
8.1%
default rate
ANYTIME FITNESS
1,058 loans · 2010-2026
10.0%
default rate
JIMMY JOHN S
825 loans · 2010-2026
5.9%
default rate
FIREHOUSE SUBS
605 loans · 2010-2026
7.5%
default rate
THE GODDARD SCHOOL
580 loans · 2010-2026
2.2%
default rate
SERVPRO
562 loans · 2010-2026
3.4%
default rate
HOTWORX
487 loans · 2017-2026
1.4%
default rate
MOTEL 6
472 loans · 2010-2026
1.5%
default rate
MARCO S PIZZA
468 loans · 2010-2026
6.0%
default rate
JERSEY MIKE S
462 loans · 2011-2026
1.8%
default rate
ORANGE THEORY
455 loans · 2013-2026
1.4%
default rate
THE UPS STORE
432 loans · 2010-2018
0.3%
default rate
KIDDIE ACADEMY
399 loans · 2010-2026
3.0%
default rate
SMOOTHIE KING
394 loans · 2013-2026
3.7%
default rate
MASSAGE ENVY
393 loans · 2010-2025
8.7%
default rate
PRIMROSE SCHOOLS
385 loans · 2011-2026
0.0%
default rate
RED ROOF INN
373 loans · 2010-2026
0.9%
default rate
TROPICAL SMOOTHIE CAFE
357 loans · 2016-2026
1.4%
default rate
EUROPEAN WAX CENTER
357 loans · 2013-2025
2.4%
default rate
BUDGET BLINDS
334 loans · 2010-2026
5.3%
default rate
FASTSIGNS
325 loans · 2010-2026
6.3%
default rate
DAYS INN
324 loans · 2010-2018
1.5%
default rate
SPORT CLIPS
322 loans · 2013-2018
8.1%
default rate
THE LEARNING EXPERIENCE
320 loans · 2010-2026
4.8%
default rate
THE LEARNING EXPERIENCE SYSTEMS
320 loans · 2010-2026
4.8%
default rate
NOTHING BUNDT CAKES
315 loans · 2010-2026
0.0%
default rate
GREAT CLIPS
298 loans · 2010-2026
2.3%
default rate
EDIBLE ARRANGEMENTS
296 loans · 2010-2025
12.6%
default rate
CRUMBL
292 loans · 2019-2026
0.0%
default rate
CLUB PILATES
281 loans · 2015-2025
0.0%
default rate
BIGGBY COFFEE
276 loans · 2010-2026
0.7%
default rate
DICKEY S BARBECUE PIT
268 loans · 2013-2026
28.5%
default rate
F45 TRAINING INCORPORATED
267 loans · 2017-2026
10.1%
default rate
F45 TRAINING
267 loans · 2017-2026
10.1%
default rate
MENCHIE S
260 loans · 2010-2026
15.5%
default rate
SUPERCUTS
260 loans · 2010-2026
3.1%
default rate
CHRISTIAN BROTHERS AUTOMOTIVE CORPORATION
245 loans · 2010-2025
0.0%
default rate
CHRISTIAN BROTHERS AUTOMOTIVE
245 loans · 2010-2025
0.0%
default rate
THE GROUNDS GUYS
240 loans · 2013-2026
38.4%
default rate
SUPER 8
232 loans · 2012-2018
2.2%
default rate
SNAP FITNESS
221 loans · 2010-2026
8.8%
default rate
BEST WESTERN
212 loans · 2010-2018
2.2%
default rate
DOMINO S PIZZA
207 loans · 2010-2018
1.0%
default rate
PURE BARRE
197 loans · 2013-2025
2.5%
default rate
AMAZING LASH STUDIO
196 loans · 2014-2025
12.1%
default rate
MINUTEMAN PRESS
188 loans · 2010-2026
16.1%
default rate
LITTLE CAESARS
183 loans · 2013-2026
6.3%
default rate
ONCE UPON A CHILD
177 loans · 2010-2026
2.6%
default rate
CAMP BOW WOW
175 loans · 2010-2026
1.1%
default rate
LIBERTY TAX SERVICE
174 loans · 2010-2026
10.0%
default rate
WINGSTOP
171 loans · 2013-2025
0.7%
default rate
URBAN AIR ADVENTURE PARK
169 loans · 2017-2026
3.4%
default rate
RITA S ICE CUSTARD HAPPINESS
169 loans · 2014-2026
8.7%
default rate
DOGTOPIA
166 loans · 2011-2026
3.5%
default rate
X GOLF CORPORATION
165 loans · 2017-2026
2.0%
default rate
X GOLF
165 loans · 2017-2026
2.0%
default rate
HOME INSTEAD
162 loans · 2010-2018
1.9%
default rate
PLATO S CLOSET
157 loans · 2010-2025
0.9%
default rate
RIGHT AT HOME
156 loans · 2010-2026
3.5%
default rate
WHICH WICH
154 loans · 2012-2023
21.1%
default rate
SENIOR HELPERS
154 loans · 2010-2026
7.1%
default rate
PUROCLEAN
151 loans · 2014-2026
14.0%
default rate
TROPICAL SMOOTHIE CAF
150 loans · 2010-2018
2.8%
default rate
CODE NINJAS
147 loans · 2018-2025
13.3%
default rate
GAMEDAY MEN S HEALTH
145 loans · 2023-2025
0.0%
default rate
BASKIN ROBBINS
144 loans · 2012-2026
6.1%
default rate
CYCLEBAR
143 loans · 2015-2025
8.8%
default rate
STRETCH LAB
142 loans · 2018-2026
4.4%
default rate
BIG O TIRES
141 loans · 2010-2025
3.8%
default rate
BURN BOOT CAMP
140 loans · 2018-2026
1.7%
default rate
MIGHTY DOG ROOFING
140 loans · 2021-2026
6.3%
default rate
THE LITTLE GYM
138 loans · 2013-2026
5.1%
default rate
TERIYAKI MADNESS
138 loans · 2015-2026
19.1%
default rate
MR APPLIANCE
137 loans · 2010-2026
44.4%
default rate
PLANET FITNESS
136 loans · 2010-2022
0.0%
default rate
ZAXBY S
136 loans · 2010-2026
2.1%
default rate
BURGER KING
133 loans · 2010-2026
3.3%
default rate
PAPA MURPHY S
133 loans · 2013-2018
8.2%
default rate
MIDAS
132 loans · 2012-2026
7.3%
default rate
MIDAS CORPORATION
132 loans · 2012-2026
7.3%
default rate
PAUL DAVIS RESTORATION
132 loans · 2010-2026
7.3%
default rate
CULVER S
132 loans · 2013-2018
0.0%
default rate
VISITING ANGELS
131 loans · 2011-2026
0.0%
default rate
COLLEGE HUNKS HAULING JUNK
128 loans · 2016-2026
30.9%
default rate
MR HANDYMAN
127 loans · 2010-2026
22.9%
default rate
D BAT
126 loans · 2011-2026
8.5%
default rate
BURGERIM
125 loans · 2017-2020
30.2%
default rate
TWO MEN AND A TRUCK
125 loans · 2010-2026
0.0%
default rate
TWO MEN AND A TRUCK SPE
125 loans · 2010-2026
0.0%
default rate
TWO MEN AND A JUNK TRUCK
125 loans · 2010-2026
0.0%
default rate
ECONO LODGE
125 loans · 2011-2018
1.0%
default rate
ELLIE MENTAL HEALTH
124 loans · 2022-2026
4.5%
default rate
WAXING THE CITY
121 loans · 2013-2026
16.0%
default rate
GOLDFISH SWIM SCHOOL
120 loans · 2011-2025
0.0%
default rate
ILOVEKICKBOXING COM
119 loans · 2014-2024
26.9%
default rate
ILOVEKICKBOXING
119 loans · 2014-2024
26.9%
default rate
PLAY IT AGAIN SPORTS
119 loans · 2011-2025
5.5%
default rate
MR ELECTRIC
119 loans · 2010-2026
15.0%
default rate
AMERICAN FAMILY CARE
119 loans · 2015-2026
0.0%
default rate
9ROUND
118 loans · 2014-2026
24.5%
default rate

Showing top 100 by loan count. Use search to find any of the 2,465 matched brands.

SBA 7(a) loan data 2010–2026. Default rate = loans charged off ÷ total approved. Only 2,465 of 5,461 SBA franchise brands matched to FDD corpus.

The Problem

FDDs Are Self-Reported. SBA Data Isn't.

Franchise Disclosure Documents are written by franchisors and their attorneys. Item 19 - the financial performance section - is optional. When disclosed, there's no independent verification. SBA default data doesn't lie.

50% Omit Item 19 (2026)

Half of all franchisors choose not to disclose any financial performance data. You're asked to invest $200K+ with zero earnings information.

Self-Reported Data

When Item 19 is disclosed, franchisors choose what to include. They can cherry-pick top performers and exclude closed units.

SBA Data Is Independent

The U.S. Small Business Administration records every 7(a) loan outcome. Default rates reflect actual borrower results - no cherry-picking possible.

How We Use This

Every Report Cross-References SBA Reality

FranchiseIQ doesn't just extract your FDD. We interrogate it. Every report includes a dedicated SBA Intelligence section that surfaces what the franchisor's document conveniently omits.

The FDD says X...

"Item 19 shows average gross sales of $850,000 per unit."

SBA Intelligence

But 12.3% of SBA borrowers in this system defaulted - 1.5× the national average. Actual cash flow may not support debt service.

The FDD is silent...

"Franchisor omits Item 19 entirely - no financial performance data disclosed."

SBA Intelligence

SBA data shows 187 loans approved since 2015, with a 9.6% default rate. Above the 8% national average - warrants Item 20 franchisee interviews.

The FDD looks strong...

"FDD reports strong unit growth, 98% renewal rate."

SBA Intelligence

SBA data corroborates: 1.8% default rate on 892 loans since 2018. Consistent with strong unit economics. Data aligned.

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