Franchise brands › British Swim School
Franchise brand77 approvals since FY2016
SBA loans to British Swim School 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 77 loan approvals since FY2016 under the British Swim School franchise brand, worth $17.1M; 51 of them came in FY2021 to FY2025.
In FY2025 there were 16, down 24% on FY2024. The average approval in the five-year window was $193K.
13 lenders made the FY2021 to FY2025 loans across 20 states; the most active were United Midwest Savings Bank National Association (15), The Huntington National Bank (8) and First Bank of the Lake (6).
These are loans to independent franchise owners, not to 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* | 5 | $2.4M | $481K | 0 | 28 |
| FY2025 | 16 | $2.9M | $183K | 0 | 115 |
| FY2024 | 21 | $4.6M | $219K | 0 | 170 |
| FY2023 | 10 | $1.8M | $175K | 0 | 149 |
| FY2022 | 1 | — | — | 0 | 4 |
| FY2021 | 3 | $428K | $143K | 0 | 38 |
| FY2020 | 2 | — | — | 0 | 25 |
| FY2019 | 6 | $2.1M | $352K | 0 | 50 |
| FY2018 | 6 | $1.2M | $205K | 0 | 50 |
| FY2017 | 5 | $699K | $140K | 0 | 67 |
| FY2016 | 2 | — | — | 0 | 23 |
SBA's franchise field lists the brand as "BRITISH SWIM SCHOOL"; "British Swim School". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | British Swim School | All SBA loans |
|---|---|---|
| Approvals in these years | 24 | 725,496 |
| Cancelled or never disbursed | 0 | 91,827 |
| Disbursed loans | 24 | 633,669 |
| Paid in full | 14 | 471,304 |
| Charged off | 3 | 37,796 |
| Still outstanding (status exempt from disclosure) | 7 | 124,569 |
| Charged off, share of disbursed loans | too few loans | 6.0% |
| Dollars charged off, share of disbursed dollars | too few loans | 2.2% |
| Dollars charged off | — | $6.20bn |
Lenders
| # | Lender, FY2021–FY2025 | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | United Midwest Savings Bank National AssociationDe Graff, OH | 15 | $2.2M | 29.4% | |
| 2 | The Huntington National BankColumbus, OH | 8 | $976K | 15.7% | |
| 3 | First Bank of the LakeOsage Beach, MO | 6 | $1.0M | 11.8% | |
| 4 | Readycap Lending, LLCBerkeley Heights, NJ | 6 | $840K | 11.8% | |
| 5 | Manufacturers and Traders Trust CompanyBuffalo, NY | 5 | $510K | 9.8% | |
| 6 | Rockland Trust CompanyRockland, MA | 3 | $177K | 5.9% | |
| 7 | First Horizon BankMemphis, TN | 2 | — | 3.9% | |
| 8 | FWBankChicago, IL | 1 | — | 2.0% | |
| 9 | TowneBankPortsmouth, VA | 1 | — | 2.0% | |
| 10 | Celtic Bank CorporationSalt Lake City, UT | 1 | — | 2.0% | |
| 11 | Magnifi Financial CUMelrose, MN | 1 | — | 2.0% | |
| 12 | Hanover Community BankMineola, NY | 1 | — | 2.0% | |
| 13 | Georgia Banking CompanyAtlanta, GA | 1 | — | 2.0% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | Texas | 8 | 15.7% | |
| 2 | California | 6 | 11.8% | |
| 3 | Maryland | 6 | 11.8% | |
| 4 | Florida | 4 | 7.8% | |
| 5 | Georgia | 4 | 7.8% | |
| 6 | Oregon | 3 | 5.9% | |
| 7 | Massachusetts | 3 | 5.9% | |
| 8 | North Carolina | 2 | 3.9% | |
| 9 | Colorado | 2 | 3.9% | |
| 10 | Arizona | 2 | 3.9% | |
| 11 | Pennsylvania | 2 | 3.9% | |
| 12 | Illinois | 1 | 2.0% | |
| 13 | Delaware | 1 | 2.0% | |
| 14 | Minnesota | 1 | 2.0% | |
| 15 | Nevada | 1 | 2.0% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Other Schools and InstructionNAICS 6116 | 49 | 96.1% | |
| 2 | Services to Buildings and DwellingsNAICS 5617 | 2 | 3.9% |
Approval sizes
- $50,000 or less15.7%8
- $50,001 to $150,00051.0%26
- $150,001 to $350,00025.5%13
- $350,001 to $1 million5.9%3
- $1 million to $2 million2.0%1
Age of the businesses
- Existing, more than 2 years old11.8%6
- New business, 2 years or less2.0%1
- Startup, loan funds will open the business82.4%42
- Change of ownership3.9%2
Questions and answers
How many SBA loans go to British Swim School franchises?
77 approvals since FY2016, worth $17.1M; 51 in FY2021 to FY2025.
Which lenders make SBA loans for British Swim School franchises?
By approvals in FY2021 to FY2025: United Midwest Savings Bank National Association (15), The Huntington National Bank (8), First Bank of the Lake (6), Readycap Lending, LLC (6), Manufacturers and Traders Trust Company (5).
How large is a typical SBA loan for a British Swim School franchise?
The average approval in FY2021 to FY2025 was $193K.
What share of British Swim School SBA loans are charged off?
There are fewer than 30 disbursed loans from the matured approval years, too few for a rate.
Are SBA loans to British Swim School franchises rising?
Volumes are too small to compare periods.
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