Franchise brands › Dryer Vent Wizard
Franchise brand51 approvals since FY2013
SBA loans to Dryer Vent Wizard 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, 51 SBA loan approvals worth $8.5M carry the Dryer Vent Wizard franchise code, 39 of them in FY2021 to FY2025.
In FY2025 there were 4, down 67% on FY2024. The average approval in the five-year window was $172K.
6 lenders made the FY2021 to FY2025 loans across 17 states; the most active were United Midwest Savings Bank National Association (32), United Community Bank (2) and U.S. Bank, National Association (2).
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* | 4 | $922K | $230K | 0 | 12 |
| FY2025 | 4 | $900K | $225K | 0 | 22 |
| FY2024 | 12 | $2.2M | $186K | 0 | 43 |
| FY2023 | 5 | $723K | $145K | 0 | 16 |
| FY2022 | 10 | $1.6M | $158K | 0 | 38 |
| FY2021 | 8 | $1.3M | $160K | 0 | 24 |
| FY2020 | 1 | — | — | 0 | 3 |
| FY2019 | 3 | $260K | $87K | 0 | 9 |
| FY2018 | 0 | — | — | 0 | 0 |
| FY2017 | 1 | — | — | 0 | 2 |
| FY2016 | 1 | — | — | 0 | 3 |
SBA's franchise field lists the brand as "DRYER VENT WIZARD"; "Dryer Vent Wizard". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Dryer Vent Wizard | All SBA loans |
|---|---|---|
| Approvals in these years | 16 | 725,496 |
| Cancelled or never disbursed | 2 | 91,827 |
| Disbursed loans | 14 | 633,669 |
| Paid in full | 4 | 471,304 |
| Charged off | 1 | 37,796 |
| Still outstanding (status exempt from disclosure) | 9 | 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 | 32 | $4.8M | 82.1% | |
| 2 | United Community BankGreenville, SC | 2 | — | 5.1% | |
| 3 | U.S. Bank, National AssociationCincinnati, OH | 2 | — | 5.1% | |
| 4 | TowneBankPortsmouth, VA | 1 | — | 2.6% | |
| 5 | Newtek Small Business Finance, Inc.Lake Success, NY | 1 | — | 2.6% | |
| 6 | Readycap Lending, LLCBerkeley Heights, NJ | 1 | — | 2.6% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | Texas | 6 | 15.4% | |
| 2 | Florida | 6 | 15.4% | |
| 3 | New York | 4 | 10.3% | |
| 4 | Colorado | 4 | 10.3% | |
| 5 | Missouri | 2 | 5.1% | |
| 6 | Mississippi | 2 | 5.1% | |
| 7 | Georgia | 2 | 5.1% | |
| 8 | North Carolina | 2 | 5.1% | |
| 9 | California | 2 | 5.1% | |
| 10 | Utah | 2 | 5.1% | |
| 11 | Delaware | 1 | 2.6% | |
| 12 | South Carolina | 1 | 2.6% | |
| 13 | Iowa | 1 | 2.6% | |
| 14 | Illinois | 1 | 2.6% | |
| 15 | Wyoming | 1 | 2.6% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Personal and Household Goods Repair and MaintenanceNAICS 8114 | 33 | 84.6% | |
| 2 | Services to Buildings and DwellingsNAICS 5617 | 3 | 7.7% | |
| 3 | Other Specialty Trade ContractorsNAICS 2389 | 2 | 5.1% | |
| 4 | Building Finishing ContractorsNAICS 2383 | 1 | 2.6% |
Approval sizes
- $50,000 or less5.1%2
- $50,001 to $150,00084.6%33
- $150,001 to $350,0002.6%1
- $350,001 to $1 million7.7%3
Age of the businesses
- Existing, more than 2 years old7.7%3
- Startup, loan funds will open the business84.6%33
- Change of ownership7.7%3
Questions and answers
How many SBA loans go to Dryer Vent Wizard franchises?
51 approvals since FY2013, worth $8.5M; 39 in FY2021 to FY2025.
Which lenders make SBA loans for Dryer Vent Wizard franchises?
By approvals in FY2021 to FY2025: United Midwest Savings Bank National Association (32), United Community Bank (2), U.S. Bank, National Association (2), TowneBank (1), Newtek Small Business Finance, Inc. (1).
How large is a typical SBA loan for a Dryer Vent Wizard franchise?
The average approval in FY2021 to FY2025 was $172K.
What share of Dryer Vent Wizard 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 Dryer Vent Wizard franchises rising?
Approvals in the three latest complete fiscal years total 21, against 19 in the three before: rising (+11%).
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