Franchise brands › 360 Painting
Franchise brand109 approvals since FY2015
SBA loans to 360 Painting franchises
Approvals SBA files under the brand's franchise code. The loans are to independent franchise owners; this page describes the brand in aggregate and no franchisee.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
Since FY2015, 109 SBA loan approvals worth $17.7M carry the 360 Painting franchise code, 51 of them in FY2021 to FY2025.
In FY2025 there were 7, down 36% on FY2024. The average approval in the five-year window was $189K.
12 lenders made the FY2021 to FY2025 loans across 23 states; the most active were United Midwest Savings Bank National Association (39), Readycap Lending, LLC (2) and Studio Bank (1).
Of loans approved in FY2010 to FY2021 and disbursed, SBA records 19.4% as charged off, above the 6.0% for all SBA loans from those years. The figures describe loans to independent franchise owners, not the franchisor.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Loans by fiscal year
| Fiscal year | Approvals | Dollars approved | Average approval | of which 504 | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 2 | — | — | 0 | 6 |
| FY2025 | 7 | $1.1M | $150K | 0 | 23 |
| FY2024 | 11 | $1.7M | $151K | 0 | 33 |
| FY2023 | 15 | $3.1M | $204K | 0 | 58 |
| FY2022 | 10 | $2.7M | $273K | 0 | 37 |
| FY2021 | 8 | $1.1M | $144K | 0 | 30 |
| FY2020 | 23 | $3.4M | $149K | 0 | 139 |
| FY2019 | 16 | $2.3M | $142K | 0 | 84 |
| FY2018 | 15 | $1.9M | $125K | 0 | 43 |
| FY2017 | 1 | — | — | 0 | 5 |
| FY2016 | 0 | — | — | 0 | 0 |
SBA's franchise field lists the brand as "360 PAINTING"; "360 Painting". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | 360 Painting | All SBA loans |
|---|---|---|
| Approvals in these years | 64 | 725,496 |
| Cancelled or never disbursed | 2 | 91,827 |
| Disbursed loans | 62 | 633,669 |
| Paid in full | 22 | 471,304 |
| Charged off | 12 | 37,796 |
| Still outstanding (status exempt from disclosure) | 28 | 124,569 |
| Charged off, share of disbursed loans | 19.4% | 6.0% |
| Dollars charged off, share of disbursed dollars | 15.0% | 2.2% |
| Dollars charged off | $1.3M | $6.20bn |
Lenders
| # | Lender, FY2021–FY2025 | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | United Midwest Savings Bank National AssociationDe Graff, OH | 39 | $5.7M | 76.5% | |
| 2 | Readycap Lending, LLCBerkeley Heights, NJ | 2 | — | 3.9% | |
| 3 | Studio BankNashville, TN | 1 | — | 2.0% | |
| 4 | Citizens BankElizabethton, TN | 1 | — | 2.0% | |
| 5 | First National Bank of PennsylvaniaGreenville, PA | 1 | — | 2.0% | |
| 6 | North State BankRaleigh, NC | 1 | — | 2.0% | |
| 7 | Bank of Oak RidgeOak Ridge, NC | 1 | — | 2.0% | |
| 8 | T Bank, National AssociationDallas, TX | 1 | — | 2.0% | |
| 9 | First Bank of the LakeOsage Beach, MO | 1 | — | 2.0% | |
| 10 | The First National Bank of McGregor d/b/a TFNB Your Bank for LifeMcGregor, TX | 1 | — | 2.0% | |
| 11 | BayFirst National BankSaint Petersburg, FL | 1 | — | 2.0% | |
| 12 | Manufacturers and Traders Trust CompanyBuffalo, NY | 1 | — | 2.0% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | Texas | 11 | 21.6% | |
| 2 | New York | 5 | 9.8% | |
| 3 | Ohio | 5 | 9.8% | |
| 4 | North Carolina | 3 | 5.9% | |
| 5 | Florida | 3 | 5.9% | |
| 6 | Maryland | 3 | 5.9% | |
| 7 | Georgia | 2 | 3.9% | |
| 8 | Wisconsin | 2 | 3.9% | |
| 9 | New Jersey | 2 | 3.9% | |
| 10 | Colorado | 2 | 3.9% | |
| 11 | Tennessee | 1 | 2.0% | |
| 12 | Missouri | 1 | 2.0% | |
| 13 | Washington | 1 | 2.0% | |
| 14 | Delaware | 1 | 2.0% | |
| 15 | Virginia | 1 | 2.0% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Building Finishing ContractorsNAICS 2383 | 51 | 100.0% |
Approval sizes
- $50,000 or less2.0%1
- $50,001 to $150,00082.4%42
- $150,001 to $350,0007.8%4
- $350,001 to $1 million7.8%4
Age of the businesses
- Existing, more than 2 years old3.9%2
- New business, 2 years or less9.8%5
- Startup, loan funds will open the business80.4%41
- Change of ownership5.9%3
Questions and answers
How many SBA loans go to 360 Painting franchises?
109 approvals since FY2015, worth $17.7M; 51 in FY2021 to FY2025.
Which lenders make SBA loans for 360 Painting franchises?
By approvals in FY2021 to FY2025: United Midwest Savings Bank National Association (39), Readycap Lending, LLC (2), Studio Bank (1), Citizens Bank (1), First National Bank of Pennsylvania (1).
How large is a typical SBA loan for a 360 Painting franchise?
The average approval in FY2021 to FY2025 was $189K.
What share of 360 Painting SBA loans are charged off?
Of 62 disbursed loans approved in FY2010 to FY2021, 12 (19.4%) are recorded as charged off; for all SBA loans from those years the figure is 6.0%.
Are SBA loans to 360 Painting franchises rising?
Approvals in the three latest complete fiscal years total 33, against 41 in the three before: falling (-20%).
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error