Furniture Manufacturing
SBA loan performance data based on 6,335 resolved loans
Franchise vs Independent Comparison
| Metric | All Businesses | Franchise Only |
|---|---|---|
| Default Rate | 17.9% | 22.7% |
| Avg Loan Size | $363K | $264K |
| Resolved Loans | 6,291 | 44 |
| Chargeoffs | 1,128 | 10 |
| Franchise Brands | - | 37 |
Default Rate Comparison
Franchise Brands in Furniture Manufacturing
There are 37 franchise brands in this industry with SBA lending data. Franchise businesses in this sector have a 22.7% default rate compared to 17.9% for all businesses.
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About SBA Loans for Furniture Manufacturing
The Furniture Manufacturing sector (NAICS 337) has 6,335 resolved SBA loans in our database with an overall default rate of 17.9%. This is near the national average for SBA loans.
Interestingly, independent businesses in Furniture Manufacturing actually perform better than franchises, with a 17.9% default rate vs 22.7% for franchise operations.
The average SBA loan size in this sector is $363K. Franchise operations in this industry have an average loan size of $264K, lower than the industry average.