Franchise brands › Budget Blinds
Franchise brand355 approvals since FY2010
SBA loans to Budget Blinds 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, 355 SBA loan approvals worth $129M carry the Budget Blinds franchise code, 166 of them in FY2021 to FY2025.
In FY2025 there were 22, down 15% on FY2024. The average approval in the five-year window was $477K, and 7 of the approvals were 504 loans.
31 lenders made the FY2021 to FY2025 loans across 39 states; the most active were United Midwest Savings Bank National Association (37), Mission Valley Bank (16) and First Bank (16).
Of loans approved in FY2010 to FY2021 and disbursed, SBA records 4.1% as charged off, below 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* | 15 | $12.3M | $819K | 0 | 103 |
| FY2025 | 22 | $13.9M | $632K | 0 | 126 |
| FY2024 | 26 | $10.5M | $403K | 0 | 145 |
| FY2023 | 38 | $20.8M | $548K | 1 | 210 |
| FY2022 | 41 | $20.6M | $502K | 4 | 210 |
| FY2021 | 39 | $13.4M | $344K | 2 | 174 |
| FY2020 | 37 | $8.9M | $239K | 1 | 141 |
| FY2019 | 32 | $6.4M | $201K | 0 | 132 |
| FY2018 | 20 | $7.2M | $359K | 0 | 152 |
| FY2017 | 17 | $4.0M | $234K | 0 | 73 |
| FY2016 | 20 | $2.9M | $143K | 0 | 85 |
SBA's franchise field lists the brand as "BUDGET BLINDS"; "Budget Blinds". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Budget Blinds | All SBA loans |
|---|---|---|
| Approvals in these years | 213 | 725,496 |
| Cancelled or never disbursed | 18 | 91,827 |
| Disbursed loans | 195 | 633,669 |
| Paid in full | 126 | 471,304 |
| Charged off | 8 | 37,796 |
| Still outstanding (status exempt from disclosure) | 61 | 124,569 |
| Charged off, share of disbursed loans | 4.1% | 6.0% |
| Dollars charged off, share of disbursed dollars | 1.8% | 2.2% |
| Dollars charged off | $847K | $6.20bn |
Lenders
| # | Lender, FY2021–FY2025 | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | United Midwest Savings Bank National AssociationDe Graff, OH | 37 | $5.7M | 22.3% | |
| 2 | Mission Valley BankSun Valley, CA | 16 | $13.7M | 9.6% | |
| 3 | First BankSouthern Pines, NC | 16 | $8.2M | 9.6% | |
| 4 | The Huntington National BankColumbus, OH | 13 | $5.4M | 7.8% | |
| 5 | First Bank of the LakeOsage Beach, MO | 12 | $4.2M | 7.2% | |
| 6 | Byline BankChicago, IL | 4 | $2.0M | 2.4% | |
| 7 | Live Oak Banking CompanyWilmington, NC | 3 | $3.5M | 1.8% | |
| 8 | Wells Fargo Bank National AssociationSioux Falls, SD | 3 | $2.8M | 1.8% | |
| 9 | Customers BankMalvern, PA | 3 | $2.5M | 1.8% | |
| 10 | Citizens BankElizabethton, TN | 3 | $895K | 1.8% | |
| 11 | Banc of CaliforniaLos Angeles, CA | 2 | — | 1.2% | |
| 12 | Bank of America, National AssociationCharlotte, NC | 2 | — | 1.2% | |
| 13 | First American BankElk Grove Village, IL | 2 | — | 1.2% | |
| 14 | Wallis BankWallis, TX | 2 | — | 1.2% | |
| 15 | Celtic Bank CorporationSalt Lake City, UT | 2 | — | 1.2% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | Florida | 19 | 11.4% | |
| 2 | Texas | 15 | 9.0% | |
| 3 | California | 14 | 8.4% | |
| 4 | Pennsylvania | 12 | 7.2% | |
| 5 | Wisconsin | 11 | 6.6% | |
| 6 | Minnesota | 9 | 5.4% | |
| 7 | Massachusetts | 6 | 3.6% | |
| 8 | Michigan | 6 | 3.6% | |
| 9 | Illinois | 5 | 3.0% | |
| 10 | Indiana | 5 | 3.0% | |
| 11 | Georgia | 5 | 3.0% | |
| 12 | New Jersey | 5 | 3.0% | |
| 13 | Oregon | 4 | 2.4% | |
| 14 | Ohio | 4 | 2.4% | |
| 15 | North Carolina | 3 | 1.8% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Furniture and Home Furnishings RetailersNAICS 4491 | 72 | 43.4% | |
| 2 | Home Furnishings StoresNAICS 4422 | 50 | 30.1% | |
| 3 | Other Specialty Trade ContractorsNAICS 2389 | 19 | 11.4% | |
| 4 | Specialized Design ServicesNAICS 5414 | 7 | 4.2% | |
| 5 | Furniture and Home Furnishing Merchant WholesalersNAICS 4232 | 5 | 3.0% |
Approval sizes
- $50,000 or less8.4%14
- $50,001 to $150,00029.5%49
- $150,001 to $350,00018.1%30
- $350,001 to $1 million30.1%50
- $1 million to $2 million12.0%20
- Over $2 million1.8%3
Age of the businesses
- Existing, more than 2 years old27.7%46
- New business, 2 years or less10.2%17
- Startup, loan funds will open the business34.3%57
- Change of ownership27.7%46
Questions and answers
How many SBA loans go to Budget Blinds franchises?
355 approvals since FY2010, worth $129M; 166 in FY2021 to FY2025.
Which lenders make SBA loans for Budget Blinds franchises?
By approvals in FY2021 to FY2025: United Midwest Savings Bank National Association (37), Mission Valley Bank (16), First Bank (16), The Huntington National Bank (13), First Bank of the Lake (12).
How large is a typical SBA loan for a Budget Blinds franchise?
The average approval in FY2021 to FY2025 was $477K.
What share of Budget Blinds SBA loans are charged off?
Of 195 disbursed loans approved in FY2010 to FY2021, 8 (4.1%) are recorded as charged off; for all SBA loans from those years the figure is 6.0%.
Are SBA loans to Budget Blinds franchises rising?
Approvals in the three latest complete fiscal years total 86, against 117 in the three before: falling (-26%).
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