SBA loan performance data based on 790 resolved loans
| Metric | All Businesses | Franchise Only |
|---|---|---|
| Default Rate | 18.4% | 15.4% |
| Avg Loan Size | $138K | $215K |
| Resolved Loans | 777 | 13 |
| Chargeoffs | 143 | 2 |
| Franchise Brands | - | 21 |
There are 21 franchise brands in this industry with SBA lending data. Franchise businesses in this sector have a 15.4% default rate compared to 18.4% for all businesses.
Browse 21 Franchise BrandsFind lenders who specialize in Other Services (Laundry, Religious, etc.) lending. Compare default rates and loan volumes.
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The Other Services (Laundry, Religious, etc.) sector (NAICS 813) has 790 resolved SBA loans in our database with an overall default rate of 18.4%. This is above the national average, suggesting higher risk for SBA lenders in this sector.
Franchise businesses in Other Services (Laundry, Religious, etc.) default at 15.4% compared to 18.4% for all businesses, a 3 percentage point advantage. This suggests the franchise model provides meaningful operational support in this industry.
The average SBA loan size in this sector is $138K. Franchise operations in this industry have an average loan size of $215K, higher than the industry average.