SBA loan performance data based on 63,153 resolved loans
| Metric | All Businesses | Franchise Only |
|---|---|---|
| Default Rate | 14.4% | 20% |
| Avg Loan Size | $329K | $335K |
| Resolved Loans | 59,202 | 3,951 |
| Chargeoffs | 8,514 | 790 |
| Franchise Brands | - | 544 |
There are 544 franchise brands in this industry with SBA lending data. Franchise businesses in this sector have a 20% default rate compared to 14.4% for all businesses.
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The Repair & Maintenance sector (NAICS 811) has 63,153 resolved SBA loans in our database with an overall default rate of 14.4%. This is near the national average for SBA loans.
Interestingly, independent businesses in Repair & Maintenance actually perform better than franchises, with a 14.4% default rate vs 20% for franchise operations.
The average SBA loan size in this sector is $329K. Franchise operations in this industry have an average loan size of $335K, higher than the industry average.