Franchise brands › Do it Best
Franchise brand76 approvals since FY2013
SBA loans to Do it Best 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 FY2013, 76 SBA loan approvals worth $62.6M carry the Do it Best franchise code, 40 of them in FY2021 to FY2025.
In FY2025 there were 8. The average approval in the five-year window was $902K, and 10 of the approvals were 504 loans.
28 lenders made the FY2021 to FY2025 loans across 18 states; the most active were Stock Yards Bank & Trust Company (4), Old National Bank (2) and Glacier Bank (2).
Of loans approved in FY2010 to FY2021 and disbursed, SBA records 2.9% 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* | 10 | $6.4M | $641K | 3 | 117 |
| FY2025 | 8 | $3.2M | $402K | 3 | 46 |
| FY2024 | 0 | — | — | 0 | 0 |
| FY2023 | 7 | $4.3M | $620K | 0 | 66 |
| FY2022 | 13 | $14.5M | $1.1M | 5 | 175 |
| FY2021 | 12 | $14.0M | $1.2M | 2 | 155 |
| FY2020 | 14 | $7.7M | $549K | 1 | 117 |
| FY2019 | 3 | $4.2M | $1.4M | 1 | 15 |
| FY2018 | 7 | $4.2M | $603K | 2 | 39 |
| FY2017 | 1 | — | — | 0 | 11 |
| FY2016 | 0 | — | — | 0 | 0 |
SBA's franchise field lists the brand as "Do it Best - Members". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Do it Best | All SBA loans |
|---|---|---|
| Approvals in these years | 38 | 725,496 |
| Cancelled or never disbursed | 4 | 91,827 |
| Disbursed loans | 34 | 633,669 |
| Paid in full | 13 | 471,304 |
| Charged off | 1 | 37,796 |
| Still outstanding (status exempt from disclosure) | 20 | 124,569 |
| Charged off, share of disbursed loans | 2.9% | 6.0% |
| Dollars charged off, share of disbursed dollars | 3.6% | 2.2% |
| Dollars charged off | $1.1M | $6.20bn |
Lenders
| # | Lender, FY2021–FY2025 | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Stock Yards Bank & Trust CompanyLouisville, KY | 4 | $3.5M | 10.0% | |
| 2 | Old National BankEvansville, IN | 2 | — | 5.0% | |
| 3 | Glacier BankKalispell, MT | 2 | — | 5.0% | |
| 4 | Nicolet National BankGreen Bay, WI | 2 | — | 5.0% | |
| 5 | Live Oak Banking CompanyWilmington, NC | 2 | — | 5.0% | |
| 6 | TD Bank, National AssociationWilmington, DE | 2 | — | 5.0% | |
| 7 | The Huntington National BankColumbus, OH | 2 | — | 5.0% | |
| 8 | Florida First Capital Finance Corporation, Inc.Tallahassee, FL · CDC | 2 | — | 5.0% | |
| 9 | Washington Trust BankSpokane, WA | 2 | — | 5.0% | |
| 10 | Deerwood BankWaite Park, MN | 2 | — | 5.0% | |
| 11 | State Empl CUSanta Fe, NM | 1 | — | 2.5% | |
| 12 | Zions Bank, A Division ofSalt Lake City, UT | 1 | — | 2.5% | |
| 13 | Ohio Statewide Development CorporationColumbus, OH · CDC | 1 | — | 2.5% | |
| 14 | First Merchants BankIndianapolis, IN | 1 | — | 2.5% | |
| 15 | Amplio Economic Development CorporationArden Hills, MN · CDC | 1 | — | 2.5% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | Minnesota | 6 | 15.0% | |
| 2 | Kentucky | 5 | 12.5% | |
| 3 | Ohio | 3 | 7.5% | |
| 4 | Montana | 3 | 7.5% | |
| 5 | New York | 3 | 7.5% | |
| 6 | New Mexico | 2 | 5.0% | |
| 7 | California | 2 | 5.0% | |
| 8 | Michigan | 2 | 5.0% | |
| 9 | South Dakota | 2 | 5.0% | |
| 10 | Utah | 2 | 5.0% | |
| 11 | Florida | 2 | 5.0% | |
| 12 | Washington | 2 | 5.0% | |
| 13 | Oregon | 1 | 2.5% | |
| 14 | North Carolina | 1 | 2.5% | |
| 15 | South Carolina | 1 | 2.5% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Building Material and Supplies DealersNAICS 4441 | 39 | 97.5% | |
| 2 | Lawn and Garden Equipment and Supplies StoresNAICS 4442 | 1 | 2.5% |
Approval sizes
- $50,000 or less10.0%4
- $50,001 to $150,0002.5%1
- $150,001 to $350,00032.5%13
- $350,001 to $1 million22.5%9
- $1 million to $2 million22.5%9
- Over $2 million10.0%4
Age of the businesses
- Existing, more than 2 years old32.5%13
- New business, 2 years or less5.0%2
- Startup, loan funds will open the business22.5%9
- Change of ownership40.0%16
Questions and answers
How many SBA loans go to Do it Best franchises?
76 approvals since FY2013, worth $62.6M; 40 in FY2021 to FY2025.
Which lenders make SBA loans for Do it Best franchises?
By approvals in FY2021 to FY2025: Stock Yards Bank & Trust Company (4), Old National Bank (2), Glacier Bank (2), Nicolet National Bank (2), Live Oak Banking Company (2).
How large is a typical SBA loan for a Do it Best franchise?
The average approval in FY2021 to FY2025 was $902K.
What share of Do it Best SBA loans are charged off?
Of 34 disbursed loans approved in FY2010 to FY2021, 1 (2.9%) are recorded as charged off; for all SBA loans from those years the figure is 6.0%.
Are SBA loans to Do it Best franchises rising?
Approvals in the three latest complete fiscal years total 15, against 39 in the three before: falling (-62%).
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