Franchise brands › Ellie Mental Health
Franchise brand125 approvals since FY2022
SBA loans to Ellie Mental Health 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 FY2022, 125 SBA loan approvals worth $22.9M carry the Ellie Mental Health franchise code, 122 of them in FY2021 to FY2025.
In FY2025 there were 6, down 62% on FY2024. The average approval in the five-year window was $180K.
14 lenders made the FY2021 to FY2025 loans across 29 states; the most active were The Huntington National Bank (106), Meridian Bank (3) and Northwest Bank (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* | 3 | $982K | $327K | 0 | 81 |
| FY2025 | 6 | $2.2M | $363K | 0 | 50 |
| FY2024 | 16 | $3.7M | $231K | 0 | 296 |
| FY2023 | 77 | $12.7M | $164K | 0 | 1,743 |
| FY2022 | 23 | $3.4M | $147K | 0 | 426 |
| FY2021 | 0 | — | — | 0 | 0 |
| FY2020 | 0 | — | — | 0 | 0 |
| FY2019 | 0 | — | — | 0 | 0 |
| FY2018 | 0 | — | — | 0 | 0 |
| FY2017 | 0 | — | — | 0 | 0 |
| FY2016 | 0 | — | — | 0 | 0 |
SBA's franchise field lists the brand as "Ellie Mental Health". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Ellie Mental Health | All SBA loans |
|---|---|---|
| Approvals in these years | 0 | 725,496 |
| Cancelled or never disbursed | 0 | 91,827 |
| Disbursed loans | 0 | 633,669 |
| Paid in full | 0 | 471,304 |
| Charged off | 0 | 37,796 |
| Still outstanding (status exempt from disclosure) | 0 | 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 | The Huntington National BankColumbus, OH | 106 | $16.2M | 86.9% | |
| 2 | Meridian BankMalvern, PA | 3 | $1.4M | 2.5% | |
| 3 | Northwest BankWarren, PA | 2 | — | 1.6% | |
| 4 | U.S. Bank, National AssociationCincinnati, OH | 1 | — | 0.8% | |
| 5 | Georgia's Own Credit UnionAtlanta, GA | 1 | — | 0.8% | |
| 6 | Citizens BankElizabethton, TN | 1 | — | 0.8% | |
| 7 | Pinnacle BankNashville, TN | 1 | — | 0.8% | |
| 8 | United Bank of PhiladelphiaPhiladelphia, PA | 1 | — | 0.8% | |
| 9 | The Bancorp Bank National AssociationSioux Falls, SD | 1 | — | 0.8% | |
| 10 | SouthState Bank, National AssociationWinter Haven, FL | 1 | — | 0.8% | |
| 11 | Potomac BankCharles Town, WV | 1 | — | 0.8% | |
| 12 | Craft BankAtlanta, GA | 1 | — | 0.8% | |
| 13 | First Bank of the LakeOsage Beach, MO | 1 | — | 0.8% | |
| 14 | TowneBankPortsmouth, VA | 1 | — | 0.8% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | Texas | 21 | 17.2% | |
| 2 | Florida | 15 | 12.3% | |
| 3 | Georgia | 10 | 8.2% | |
| 4 | Missouri | 8 | 6.6% | |
| 5 | Pennsylvania | 7 | 5.7% | |
| 6 | Massachusetts | 6 | 4.9% | |
| 7 | New Jersey | 5 | 4.1% | |
| 8 | Virginia | 4 | 3.3% | |
| 9 | Wisconsin | 4 | 3.3% | |
| 10 | Ohio | 4 | 3.3% | |
| 11 | North Carolina | 4 | 3.3% | |
| 12 | Illinois | 4 | 3.3% | |
| 13 | Connecticut | 4 | 3.3% | |
| 14 | Colorado | 2 | 1.6% | |
| 15 | Kansas | 2 | 1.6% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Offices of Other Health PractitionersNAICS 6213 | 65 | 53.3% | |
| 2 | Outpatient Care CentersNAICS 6214 | 26 | 21.3% | |
| 3 | Individual and Family ServicesNAICS 6241 | 20 | 16.4% | |
| 4 | Offices of PhysiciansNAICS 6211 | 5 | 4.1% | |
| 5 | Psychiatric and Substance Abuse HospitalsNAICS 6222 | 2 | 1.6% |
Approval sizes
- $50,000 or less43.4%53
- $50,001 to $150,0001.6%2
- $150,001 to $350,00046.7%57
- $350,001 to $1 million8.2%10
Age of the businesses
- Existing, more than 2 years old2.5%3
- New business, 2 years or less4.9%6
- Startup, loan funds will open the business92.6%113
Questions and answers
How many SBA loans go to Ellie Mental Health franchises?
125 approvals since FY2022, worth $22.9M; 122 in FY2021 to FY2025.
Which lenders make SBA loans for Ellie Mental Health franchises?
By approvals in FY2021 to FY2025: The Huntington National Bank (106), Meridian Bank (3), Northwest Bank (2), U.S. Bank, National Association (1), Georgia's Own Credit Union (1).
How large is a typical SBA loan for a Ellie Mental Health franchise?
The average approval in FY2021 to FY2025 was $180K.
What share of Ellie Mental Health 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 Ellie Mental Health franchises rising?
Approvals in the three latest complete fiscal years total 99, against 23 in the three before: rising (+330%).
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