Sears Appliance & Hardware Sto
According to its Franchise Disclosure Document or public business records, Sears Appliance & Hardware Sto has 2 locations, all owned by franchisees. Public SBA loan records show 2 lenders made 3 loans to franchisees of Sears Appliance & Hardware Sto. PeerSense calculates Sears Appliance & Hardware Sto's score as 37 out of 100, using public SBA loan performance and recent lending activity.
What is the Sears Appliance & Hardware Sto franchise?
Sears Appliance & Hardware Sto is a retail business selling home appliances, tools, and lawn and garden equipment to customers. Its business category is electronics stores.
The franchise is headquartered in MI.
Loan Activity Score
37/100
SBA Default Rate
0.0%
Active Lenders
2
2 locations
2
2 franchised
Proprietary PeerSense metric
FairDistinct lenders in public SBA records for Sears Appliance & Hardware Sto
3
Total SBA loans
$1.1M
Average loan size
Source: public SBA 7(a) and 504 loan records through December 31, 2025
Referral fee at closing
SBA Lending Activity for Sears Appliance & Hardware Sto
Loan Activity Score Breakdown
Emerging (3 to 9 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 9.4% peer avg
SBA Loans
3
Total Volume
$3.3M
Active Lenders
2
States
2
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 Sears Appliance & Hardware Sto based on SBA lending data
SBA Default Rate
0.0%
9.4% below peer avg
SBA Loan Volume
3 loans
Across 2 lenders
Lender Diversity
2 lenders
Avg 1.5 loans per lender
Sears Appliance & Hardware Sto: Deep SBA Data
Brand specific metrics derived directly from SBA 7(a) approval records: peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
2016
3 approvals. The best year on record for Sears Appliance & Hardware Sto.
Top SBA State
Michigan
2 SBA financed Sears Appliance & Hardware Sto locations, the densest operator footprint.
Average Loan Size
$1.0M
Median $482K. Use as a sizing anchor when modeling your own Sears Appliance & Hardware Sto unit.
Lender Concentration
100%
Concentrated
Share of Sears Appliance & Hardware Sto approvals captured by the top 3 SBA lenders.
Sears Appliance & Hardware Sto's SBA lending pipeline peaked in 2016 (3 approvals). The last five fiscal years account for 33% of cumulative volume ($880K approved). Operator density is highest in Michigan with 2 SBA financed locations. Average funded ticket sits at $1.0M, with the median at $482K. Lender mix is concentrated: the top three SBA lenders account for 100% of approvals. Credit decisions concentrate with a small group of incumbents.
Payment Estimator
Estimated Monthly Payment
$5,176
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
Sears Appliance & Hardware Sto, unit breakdown
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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