Franchise brands › Aire Serv
Franchise brand124 approvals since FY2010
SBA loans to Aire Serv 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 FY2010, 124 SBA loan approvals worth $30.5M carry the Aire Serv franchise code, 66 of them in FY2021 to FY2025.
In FY2025 there were 23, about level with FY2024. The average approval in the five-year window was $271K, and 2 of the approvals were 504 loans.
12 lenders made the FY2021 to FY2025 loans across 24 states; the most active were United Midwest Savings Bank National Association (51), Byline Bank (2) and CIBC Bank USA (2).
Of loans approved in FY2010 to FY2021 and disbursed, SBA records 19.5% 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* | 23 | $6.7M | $291K | 0 | 70 |
| FY2025 | 23 | $7.9M | $343K | 0 | 117 |
| FY2024 | 22 | $5.4M | $247K | 0 | 101 |
| FY2023 | 5 | $1.1M | $230K | 0 | 26 |
| FY2022 | 4 | $950K | $238K | 0 | 27 |
| FY2021 | 12 | $2.4M | $203K | 2 | 81 |
| FY2020 | 8 | $1.2M | $156K | 0 | 31 |
| FY2019 | 7 | $933K | $133K | 0 | 27 |
| FY2018 | 9 | $1.3M | $149K | 1 | 51 |
| FY2017 | 3 | $1.0M | $348K | 0 | 25 |
| FY2016 | 0 | — | — | 0 | 0 |
SBA's franchise field lists the brand as "AIRE SERV"; "Aire Serv"; "AIRE SERV (H&AC)". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Aire Serv | All SBA loans |
|---|---|---|
| Approvals in these years | 47 | 725,496 |
| Cancelled or never disbursed | 6 | 91,827 |
| Disbursed loans | 41 | 633,669 |
| Paid in full | 16 | 471,304 |
| Charged off | 8 | 37,796 |
| Still outstanding (status exempt from disclosure) | 17 | 124,569 |
| Charged off, share of disbursed loans | 19.5% | 6.0% |
| Dollars charged off, share of disbursed dollars | 13.2% | 2.2% |
| Dollars charged off | $978K | $6.20bn |
Lenders
| # | Lender, FY2021–FY2025 | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | United Midwest Savings Bank National AssociationDe Graff, OH | 51 | $11.7M | 77.3% | |
| 2 | Byline BankChicago, IL | 2 | — | 3.0% | |
| 3 | CIBC Bank USAChicago, IL | 2 | — | 3.0% | |
| 4 | Arvest BankFayetteville, AR | 2 | — | 3.0% | |
| 5 | The Huntington National BankColumbus, OH | 2 | — | 3.0% | |
| 6 | Dakota Business FinanceSioux Falls, SD · CDC | 1 | — | 1.5% | |
| 7 | First BankSouthern Pines, NC | 1 | — | 1.5% | |
| 8 | Midwest Business Finance CorporationSt. Cloud, MN · CDC | 1 | — | 1.5% | |
| 9 | Newtek Small Business Finance, Inc.Lake Success, NY | 1 | — | 1.5% | |
| 10 | First Federal BankLake City, FL | 1 | — | 1.5% | |
| 11 | First Commonwealth BankIndiana, PA | 1 | — | 1.5% | |
| 12 | TD Bank, National AssociationWilmington, DE | 1 | — | 1.5% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | Florida | 13 | 19.7% | |
| 2 | Georgia | 8 | 12.1% | |
| 3 | Texas | 5 | 7.6% | |
| 4 | California | 5 | 7.6% | |
| 5 | North Carolina | 4 | 6.1% | |
| 6 | Ohio | 3 | 4.5% | |
| 7 | Virginia | 3 | 4.5% | |
| 8 | Illinois | 3 | 4.5% | |
| 9 | Montana | 2 | 3.0% | |
| 10 | Arizona | 2 | 3.0% | |
| 11 | Colorado | 2 | 3.0% | |
| 12 | Minnesota | 2 | 3.0% | |
| 13 | Missouri | 2 | 3.0% | |
| 14 | Indiana | 2 | 3.0% | |
| 15 | South Dakota | 1 | 1.5% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Building Equipment ContractorsNAICS 2382 | 65 | 98.5% | |
| 2 | Personal and Household Goods Repair and MaintenanceNAICS 8114 | 1 | 1.5% |
Approval sizes
- $50,000 or less4.5%3
- $50,001 to $150,00025.8%17
- $150,001 to $350,00059.1%39
- $350,001 to $1 million9.1%6
- $1 million to $2 million1.5%1
Age of the businesses
- Existing, more than 2 years old9.1%6
- New business, 2 years or less6.1%4
- Startup, loan funds will open the business81.8%54
- Change of ownership3.0%2
Questions and answers
How many SBA loans go to Aire Serv franchises?
124 approvals since FY2010, worth $30.5M; 66 in FY2021 to FY2025.
Which lenders make SBA loans for Aire Serv franchises?
By approvals in FY2021 to FY2025: United Midwest Savings Bank National Association (51), Byline Bank (2), CIBC Bank USA (2), Arvest Bank (2), The Huntington National Bank (2).
How large is a typical SBA loan for a Aire Serv franchise?
The average approval in FY2021 to FY2025 was $271K.
What share of Aire Serv SBA loans are charged off?
Of 41 disbursed loans approved in FY2010 to FY2021, 8 (19.5%) are recorded as charged off; for all SBA loans from those years the figure is 6.0%.
Are SBA loans to Aire Serv franchises rising?
Approvals in the three latest complete fiscal years total 50, against 24 in the three before: rising (+108%).
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