Franchise brands › Express Employment Professional
Franchise brand74 approvals since FY2018
SBA loans to Express Employment Professional 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 74 loan approvals since FY2018 under the Express Employment Professional franchise brand, worth $33.9M; 47 of them came in FY2021 to FY2025.
In FY2025 there were 7. The average approval in the five-year window was $476K, and 3 of the approvals were 504 loans.
28 lenders made the FY2021 to FY2025 loans across 22 states; the most active were The Huntington National Bank (10), First International Bank and Trust (2) and Columbia Community CU (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* | 8 | $4.7M | $585K | 0 | 109 |
| FY2025 | 7 | $3.9M | $555K | 1 | 27 |
| FY2024 | 9 | $2.4M | $265K | 0 | 55 |
| FY2023 | 12 | $5.7M | $473K | 1 | 97 |
| FY2022 | 9 | $6.2M | $690K | 0 | 63 |
| FY2021 | 10 | $4.2M | $423K | 1 | 62 |
| FY2020 | 11 | $3.8M | $344K | 1 | 56 |
| FY2019 | 7 | $2.8M | $407K | 1 | 45 |
| FY2018 | 1 | — | — | 0 | 2 |
| FY2017 | 0 | — | — | 0 | 0 |
| FY2016 | 0 | — | — | 0 | 0 |
SBA's franchise field lists the brand as "Express Employment Professional". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Express Employment Professional | All SBA loans |
|---|---|---|
| Approvals in these years | 29 | 725,496 |
| Cancelled or never disbursed | 4 | 91,827 |
| Disbursed loans | 25 | 633,669 |
| Paid in full | 9 | 471,304 |
| Charged off | 0 | 37,796 |
| Still outstanding (status exempt from disclosure) | 16 | 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 | 10 | $2.8M | 21.3% | |
| 2 | First International Bank and TrustWatford City, ND | 2 | — | 4.3% | |
| 3 | Columbia Community CUVancouver, WA | 2 | — | 4.3% | |
| 4 | U.S. Bank, National AssociationCincinnati, OH | 2 | — | 4.3% | |
| 5 | United Midwest Savings Bank National AssociationDe Graff, OH | 2 | — | 4.3% | |
| 6 | Zions Bank, A Division ofSalt Lake City, UT | 2 | — | 4.3% | |
| 7 | First Horizon BankMemphis, TN | 1 | — | 2.1% | |
| 8 | IncredibleBankWausau, WI | 1 | — | 2.1% | |
| 9 | Truliant FCUWinston-Salem, NC | 1 | — | 2.1% | |
| 10 | Citizens BankElizabethton, TN | 1 | — | 2.1% | |
| 11 | ConnectOne BankEnglewood Cliffs, NJ | 1 | — | 2.1% | |
| 12 | Fidelity BankMandeville, LA | 1 | — | 2.1% | |
| 13 | BayFirst National BankSaint Petersburg, FL | 1 | — | 2.1% | |
| 14 | First Bank of the LakeOsage Beach, MO | 1 | — | 2.1% | |
| 15 | Firstrust Savings BankConshohocken, PA | 1 | — | 2.1% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | Ohio | 6 | 12.8% | |
| 2 | Illinois | 5 | 10.6% | |
| 3 | New York | 4 | 8.5% | |
| 4 | Georgia | 3 | 6.4% | |
| 5 | Washington | 3 | 6.4% | |
| 6 | North Dakota | 2 | 4.3% | |
| 7 | New Jersey | 2 | 4.3% | |
| 8 | Massachusetts | 2 | 4.3% | |
| 9 | Arizona | 2 | 4.3% | |
| 10 | Minnesota | 2 | 4.3% | |
| 11 | Indiana | 2 | 4.3% | |
| 12 | Wisconsin | 2 | 4.3% | |
| 13 | Texas | 2 | 4.3% | |
| 14 | Maryland | 2 | 4.3% | |
| 15 | Michigan | 1 | 2.1% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Employment ServicesNAICS 5613 | 39 | 83.0% | |
| 2 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 6 | 12.8% | |
| 3 | Other Personal ServicesNAICS 8129 | 1 | 2.1% | |
| 4 | Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 1 | 2.1% |
Approval sizes
- $50,000 or less10.6%5
- $50,001 to $150,00019.1%9
- $150,001 to $350,00027.7%13
- $350,001 to $1 million34.0%16
- $1 million to $2 million8.5%4
Age of the businesses
- Existing, more than 2 years old34.0%16
- New business, 2 years or less29.8%14
- Startup, loan funds will open the business19.1%9
- Change of ownership17.0%8
Questions and answers
How many SBA loans go to Express Employment Professional franchises?
74 approvals since FY2018, worth $33.9M; 47 in FY2021 to FY2025.
Which lenders make SBA loans for Express Employment Professional franchises?
By approvals in FY2021 to FY2025: The Huntington National Bank (10), First International Bank and Trust (2), Columbia Community CU (2), U.S. Bank, National Association (2), United Midwest Savings Bank National Association (2).
How large is a typical SBA loan for a Express Employment Professional franchise?
The average approval in FY2021 to FY2025 was $476K.
What share of Express Employment Professional 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 Express Employment Professional franchises rising?
Approvals in the three latest complete fiscal years total 28, against 30 in the three before: broadly level (-7%).
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