Mr Payroll Corporation
The total investment to open a Mr Payroll Corporation franchise ranges from $68,800 to $328,000. The initial franchise fee is $10,000. Ongoing royalties are 10%.
What is the Mr Payroll Corporation franchise?
Mr Payroll Corporation is a check cashing and bill payment business for consumers who need these services. The estimated total initial investment is $68,800 to $328,000, and the initial franchise fee is $10,000.
Franchisees pay a 10 percent royalty on sales. The company is headquartered in Fort Worth, Texas, and was founded in 1988.
Loan Activity Score
59/100
SBA Default Rate
0.0%
Active Lenders
12
According to its Franchise Disclosure Document or public business records, Mr Payroll Corporation has 11 locations, all owned by franchisees. Public SBA loan records show 12 lenders made 14 loans to franchisees of Mr Payroll Corporation. PeerSense calculates Mr Payroll Corporation's score as 59 out of 100, using public SBA loan performance and recent lending activity.
Franchising since 1988 · 11 locations
$68,800 to $328,000
$10,000
11
11 franchised
Proprietary PeerSense metric
ModerateDistinct lenders in public SBA records for Mr Payroll Corporation
14
Total SBA loans
$269K
Average loan size
Source: public SBA 7(a) and 504 loan records through December 31, 2025
Referral fee at closing
SBA Lending Activity for Mr Payroll Corporation
Loan Activity Score Breakdown
Growing (10 to 24 loans)
Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.
Blended default rate (recent + all time) compared to NAICS sector peers.
Quality lenders actively backing this brand, with penalty for lender pullback.
FDD availability, Item 19 disclosure, and overall data completeness.
Geographic spread of SBA funded locations across states.
SBA Lending Performance
SBA Default Rate
0.0%
vs 10.8% peer avg
SBA Loans
14
Total Volume
$3.8M
Active Lenders
12
2 selective
States
6
vs. SBA Sector Average
SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Mr Payroll Corporation based on SBA lending data
SBA Default Rate
0.0%
10.8% below peer avg
SBA Loan Volume
14 loans
Across 12 lenders
Lender Diversity
12 lenders
Avg 1.2 loans per lender
Investment Tier
Mid range investment
$68,800 to $328,000 total
Payment Estimator
Estimated Monthly Payment
$712
Principal & Interest only
Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.
Locations
Mr Payroll Corporation, unit breakdown
Explore Funding for Mr Payroll Corporation
Our business financing consultants help connect you with the right lending partners. Referral fee paid at closing.
Or get an instant analysis
Scan Your Deal InstantlyPage Review
Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense
- PeerSense is a capital advisory firm that places commercial financing with direct capital sources; the capital source sets final terms.
- Edward L. Freeman founded PeerSense in January 2020.
- He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
- His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
- In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page
Last reviewed LinkedIn profileAbout Edward Freeman