Franchise brands › Apricot Lane
Franchise brand65 approvals since FY2013
SBA loans to Apricot Lane 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 65 loan approvals since FY2013 under the Apricot Lane franchise brand, worth $10.9M; 44 of them came in FY2021 to FY2025.
In FY2025 there were 2. The average approval in the five-year window was $159K.
16 lenders made the FY2021 to FY2025 loans across 18 states; the most active were The Huntington National Bank (21), Bank of Springfield (3) and Morton Community Bank (3).
Of loans approved in FY2010 to FY2021 and disbursed, SBA records 16.1% 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* | 0 | — | — | 0 | 0 |
| FY2025 | 2 | — | — | 0 | 9 |
| FY2024 | 3 | $839K | $280K | 0 | 14 |
| FY2023 | 14 | $1.6M | $115K | 0 | 150 |
| FY2022 | 14 | $2.0M | $146K | 0 | 126 |
| FY2021 | 11 | $2.2M | $198K | 0 | 67 |
| FY2020 | 3 | $552K | $184K | 0 | 44 |
| FY2019 | 2 | — | — | 0 | 15 |
| FY2018 | 1 | — | — | 0 | 8 |
| FY2017 | 4 | $627K | $157K | 0 | 56 |
| FY2016 | 3 | $435K | $145K | 0 | 20 |
SBA's franchise field lists the brand as "APRICOT LANE"; "Apricot Lane". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Apricot Lane | All SBA loans |
|---|---|---|
| Approvals in these years | 32 | 725,496 |
| Cancelled or never disbursed | 1 | 91,827 |
| Disbursed loans | 31 | 633,669 |
| Paid in full | 17 | 471,304 |
| Charged off | 5 | 37,796 |
| Still outstanding (status exempt from disclosure) | 9 | 124,569 |
| Charged off, share of disbursed loans | 16.1% | 6.0% |
| Dollars charged off, share of disbursed dollars | 8.6% | 2.2% |
| Dollars charged off | $516K | $6.20bn |
Lenders
| # | Lender, FY2021–FY2025 | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | The Huntington National BankColumbus, OH | 21 | $2.6M | 47.7% | |
| 2 | Bank of SpringfieldSpringfield, IL | 3 | $566K | 6.8% | |
| 3 | Morton Community BankMorton, IL | 3 | $275K | 6.8% | |
| 4 | Plumas BankQuincy, CA | 2 | — | 4.5% | |
| 5 | Readycap Lending, LLCBerkeley Heights, NJ | 2 | — | 4.5% | |
| 6 | Manufacturers and Traders Trust CompanyBuffalo, NY | 2 | — | 4.5% | |
| 7 | Tompkins Community BankIthaca, NY | 2 | — | 4.5% | |
| 8 | The Yellowstone BankLaurel, MT | 1 | — | 2.3% | |
| 9 | Magnifi Financial CUMelrose, MN | 1 | — | 2.3% | |
| 10 | FDIC - Community Bank & Trust-West GeorgiaLagrange, GA | 1 | — | 2.3% | |
| 11 | HomeTrust BankAsheville, NC | 1 | — | 2.3% | |
| 12 | Wells Fargo Bank National AssociationSioux Falls, SD | 1 | — | 2.3% | |
| 13 | Pinnacle BankNashville, TN | 1 | — | 2.3% | |
| 14 | Midwest Regional BankFestus, MO | 1 | — | 2.3% | |
| 15 | Newtek Bank, National AssociationMiami, FL | 1 | — | 2.3% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | Texas | 8 | 18.2% | |
| 2 | Pennsylvania | 4 | 9.1% | |
| 3 | Illinois | 4 | 9.1% | |
| 4 | North Carolina | 3 | 6.8% | |
| 5 | Florida | 3 | 6.8% | |
| 6 | Tennessee | 3 | 6.8% | |
| 7 | California | 2 | 4.5% | |
| 8 | South Carolina | 2 | 4.5% | |
| 9 | West Virginia | 2 | 4.5% | |
| 10 | Louisiana | 2 | 4.5% | |
| 11 | Arizona | 2 | 4.5% | |
| 12 | Idaho | 2 | 4.5% | |
| 13 | New York | 2 | 4.5% | |
| 14 | Montana | 1 | 2.3% | |
| 15 | Indiana | 1 | 2.3% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Clothing and Clothing Accessories RetailersNAICS 4581 | 26 | 59.1% | |
| 2 | Clothing StoresNAICS 4481 | 11 | 25.0% | |
| 3 | Restaurants and Other Eating PlacesNAICS 7225 | 3 | 6.8% | |
| 4 | NAICS 4521NAICS 4521 | 2 | 4.5% | |
| 5 | Automotive Parts, Accessories, and Tire StoresNAICS 4413 | 1 | 2.3% |
Approval sizes
- $50,000 or less27.3%12
- $50,001 to $150,00018.2%8
- $150,001 to $350,00050.0%22
- $350,001 to $1 million4.5%2
Age of the businesses
- Existing, more than 2 years old11.4%5
- New business, 2 years or less11.4%5
- Startup, loan funds will open the business75.0%33
- Change of ownership2.3%1
Questions and answers
How many SBA loans go to Apricot Lane franchises?
65 approvals since FY2013, worth $10.9M; 44 in FY2021 to FY2025.
Which lenders make SBA loans for Apricot Lane franchises?
By approvals in FY2021 to FY2025: The Huntington National Bank (21), Bank of Springfield (3), Morton Community Bank (3), Plumas Bank (2), Readycap Lending, LLC (2).
How large is a typical SBA loan for a Apricot Lane franchise?
The average approval in FY2021 to FY2025 was $159K.
What share of Apricot Lane SBA loans are charged off?
Of 31 disbursed loans approved in FY2010 to FY2021, 5 (16.1%) are recorded as charged off; for all SBA loans from those years the figure is 6.0%.
Are SBA loans to Apricot Lane franchises rising?
Approvals in the three latest complete fiscal years total 19, against 28 in the three before: falling (-32%).
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