Electrical Equipment
SBA loan performance data based on 2,675 resolved loans
Franchise vs Independent Comparison
| Metric | All Businesses | Franchise Only |
|---|---|---|
| Default Rate | 10.7% | 0% |
| Avg Loan Size | $496K | $227K |
| Resolved Loans | 2,665 | 10 |
| Chargeoffs | 285 | 0 |
| Franchise Brands | - | 12 |
Default Rate Comparison
Franchise Brands in Electrical Equipment
There are 12 franchise brands in this industry with SBA lending data. Franchise businesses in this sector have a 0% default rate compared to 10.7% for all businesses.
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About SBA Loans for Electrical Equipment
The Electrical Equipment sector (NAICS 335) has 2,675 resolved SBA loans in our database with an overall default rate of 10.7%. This is below the national average, indicating relatively strong loan performance in this industry.
Franchise businesses in Electrical Equipment default at 0% compared to 10.7% for all businesses, a 10.7 percentage point advantage. This suggests the franchise model provides meaningful operational support in this industry.
The average SBA loan size in this sector is $496K. Franchise operations in this industry have an average loan size of $227K, lower than the industry average.