Franchise brands › Ace Handyman Services
Franchise brand101 approvals since FY2020
SBA loans to Ace Handyman Services 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.
SBA lists 101 loan approvals since FY2020 under the Ace Handyman Services franchise brand, worth $15.7M; 93 of them came in FY2021 to FY2025.
In FY2025 there were 16. The average approval in the five-year window was $155K.
21 lenders made the FY2021 to FY2025 loans across 33 states; the most active were United Midwest Savings Bank National Association (66), The Huntington National Bank (4) and First Bank of the Lake (2).
Of loans approved in FY2010 to FY2021 and disbursed, SBA records 7.9% 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* | 3 | $585K | $195K | 0 | 31 |
| FY2025 | 16 | $2.6M | $165K | 0 | 122 |
| FY2024 | 5 | $775K | $155K | 0 | 26 |
| FY2023 | 23 | $3.6M | $155K | 0 | 132 |
| FY2022 | 13 | $2.2M | $169K | 0 | 89 |
| FY2021 | 36 | $5.2M | $145K | 0 | 225 |
| FY2020 | 5 | $735K | $147K | 0 | 41 |
| FY2019 | 0 | — | — | 0 | 0 |
| FY2018 | 0 | — | — | 0 | 0 |
| FY2017 | 0 | — | — | 0 | 0 |
| FY2016 | 0 | — | — | 0 | 0 |
SBA's franchise field lists the brand as "Ace Handyman Services". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Ace Handyman Services | All SBA loans |
|---|---|---|
| Approvals in these years | 41 | 725,496 |
| Cancelled or never disbursed | 3 | 91,827 |
| Disbursed loans | 38 | 633,669 |
| Paid in full | 14 | 471,304 |
| Charged off | 3 | 37,796 |
| Still outstanding (status exempt from disclosure) | 21 | 124,569 |
| Charged off, share of disbursed loans | 7.9% | 6.0% |
| Dollars charged off, share of disbursed dollars | 6.0% | 2.2% |
| Dollars charged off | $340K | $6.20bn |
Lenders
| # | Lender, FY2021–FY2025 | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | United Midwest Savings Bank National AssociationDe Graff, OH | 66 | $10.4M | 71.0% | |
| 2 | The Huntington National BankColumbus, OH | 4 | $835K | 4.3% | |
| 3 | First Bank of the LakeOsage Beach, MO | 2 | — | 2.2% | |
| 4 | Bangor Savings BankBangor, ME | 2 | — | 2.2% | |
| 5 | Manufacturers and Traders Trust CompanyBuffalo, NY | 2 | — | 2.2% | |
| 6 | U.S. Bank, National AssociationCincinnati, OH | 2 | — | 2.2% | |
| 7 | OptimumBankFort Lauderdale, FL | 1 | — | 1.1% | |
| 8 | North State BankRaleigh, NC | 1 | — | 1.1% | |
| 9 | Old National BankEvansville, IN | 1 | — | 1.1% | |
| 10 | Wells Fargo Bank National AssociationSioux Falls, SD | 1 | — | 1.1% | |
| 11 | The Bank of HoustonHouston, MO | 1 | — | 1.1% | |
| 12 | Newtek Small Business Finance, Inc.Lake Success, NY | 1 | — | 1.1% | |
| 13 | Equitable BankGrand Island, NE | 1 | — | 1.1% | |
| 14 | Lendistry SBLC, LLCLos Angeles, CA | 1 | — | 1.1% | |
| 15 | Mountain America FCUSandy, UT | 1 | — | 1.1% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | Texas | 12 | 12.9% | |
| 2 | Florida | 9 | 9.7% | |
| 3 | Georgia | 9 | 9.7% | |
| 4 | North Carolina | 6 | 6.5% | |
| 5 | Washington | 5 | 5.4% | |
| 6 | Maryland | 5 | 5.4% | |
| 7 | California | 3 | 3.2% | |
| 8 | Michigan | 3 | 3.2% | |
| 9 | Illinois | 3 | 3.2% | |
| 10 | Virginia | 3 | 3.2% | |
| 11 | Ohio | 3 | 3.2% | |
| 12 | Minnesota | 3 | 3.2% | |
| 13 | New Jersey | 2 | 2.2% | |
| 14 | South Carolina | 2 | 2.2% | |
| 15 | New York | 2 | 2.2% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Residential Building ConstructionNAICS 2361 | 77 | 82.8% | |
| 2 | Personal and Household Goods Repair and MaintenanceNAICS 8114 | 9 | 9.7% | |
| 3 | Other Specialty Trade ContractorsNAICS 2389 | 4 | 4.3% | |
| 4 | Building Finishing ContractorsNAICS 2383 | 2 | 2.2% | |
| 5 | Building Material and Supplies DealersNAICS 4441 | 1 | 1.1% |
Approval sizes
- $50,000 or less6.5%6
- $50,001 to $150,00079.6%74
- $150,001 to $350,00012.9%12
- $350,001 to $1 million1.1%1
Age of the businesses
- Existing, more than 2 years old7.5%7
- New business, 2 years or less4.3%4
- Startup, loan funds will open the business88.2%82
Questions and answers
How many SBA loans go to Ace Handyman Services franchises?
101 approvals since FY2020, worth $15.7M; 93 in FY2021 to FY2025.
Which lenders make SBA loans for Ace Handyman Services franchises?
By approvals in FY2021 to FY2025: United Midwest Savings Bank National Association (66), The Huntington National Bank (4), First Bank of the Lake (2), Bangor Savings Bank (2), Manufacturers and Traders Trust Company (2).
How large is a typical SBA loan for a Ace Handyman Services franchise?
The average approval in FY2021 to FY2025 was $155K.
What share of Ace Handyman Services SBA loans are charged off?
Of 38 disbursed loans approved in FY2010 to FY2021, 3 (7.9%) are recorded as charged off; for all SBA loans from those years the figure is 6.0%.
Are SBA loans to Ace Handyman Services franchises rising?
Approvals in the three latest complete fiscal years total 44, against 54 in the three before: falling (-19%).
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