Franchise brands › Fastsigns
Franchise brand361 approvals since FY2010
SBA loans to Fastsigns 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, 361 SBA loan approvals worth $152M carry the Fastsigns franchise code, 130 of them in FY2021 to FY2025.
In FY2025 there were 26, up 44% on FY2024. The average approval in the five-year window was $562K, and 10 of the approvals were 504 loans.
32 lenders made the FY2021 to FY2025 loans across 32 states; the most active were The Huntington National Bank (32), The Farmers Bank, Frankfort, Indiana (8) and Live Oak Banking Company (7).
Of loans approved in FY2010 to FY2021 and disbursed, SBA records 5.3% as charged off, close to 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 | $6.1M | $407K | 0 | 137 |
| FY2025 | 26 | $18.8M | $723K | 1 | 250 |
| FY2024 | 18 | $9.2M | $513K | 0 | 158 |
| FY2023 | 33 | $13.6M | $413K | 0 | 295 |
| FY2022 | 17 | $8.2M | $483K | 3 | 106 |
| FY2021 | 36 | $23.2M | $643K | 6 | 237 |
| FY2020 | 29 | $12.2M | $419K | 1 | 237 |
| FY2019 | 25 | $7.6M | $305K | 2 | 223 |
| FY2018 | 26 | $9.4M | $360K | 3 | 168 |
| FY2017 | 26 | $11.3M | $435K | 2 | 139 |
| FY2016 | 35 | $14.3M | $408K | 0 | 199 |
SBA's franchise field lists the brand as "FASTSIGNS". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Fastsigns | All SBA loans |
|---|---|---|
| Approvals in these years | 252 | 725,496 |
| Cancelled or never disbursed | 25 | 91,827 |
| Disbursed loans | 227 | 633,669 |
| Paid in full | 151 | 471,304 |
| Charged off | 12 | 37,796 |
| Still outstanding (status exempt from disclosure) | 64 | 124,569 |
| Charged off, share of disbursed loans | 5.3% | 6.0% |
| Dollars charged off, share of disbursed dollars | 2.2% | 2.2% |
| Dollars charged off | $1.9M | $6.20bn |
Lenders
| # | Lender, FY2021–FY2025 | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | The Huntington National BankColumbus, OH | 32 | $6.4M | 24.6% | |
| 2 | The Farmers Bank, Frankfort, IndianaFrankfort, IN | 8 | $4.2M | 6.2% | |
| 3 | Live Oak Banking CompanyWilmington, NC | 7 | $12.1M | 5.4% | |
| 4 | SouthState Bank, National AssociationWinter Haven, FL | 6 | $1.7M | 4.6% | |
| 5 | Central BankTampa, FL | 4 | $1.4M | 3.1% | |
| 6 | Citizens BankElizabethton, TN | 4 | $997K | 3.1% | |
| 7 | Beacon Bank and TrustBrookline, MA | 3 | $4.9M | 2.3% | |
| 8 | Fulton Bank, National AssociationLancaster, PA | 3 | $2.0M | 2.3% | |
| 9 | Florida First Capital Finance Corporation, Inc.Tallahassee, FL · CDC | 3 | $1.3M | 2.3% | |
| 10 | Centra Credit UnionColumbus, IN | 3 | $782K | 2.3% | |
| 11 | Wilmington Savings Fund Society FSBWilmington, DE | 3 | $690K | 2.3% | |
| 12 | PNC Bank, National AssociationWilmington, DE | 3 | $435K | 2.3% | |
| 13 | Old National BankEvansville, IN | 2 | — | 1.5% | |
| 14 | City National BankLos Angeles, CA | 2 | — | 1.5% | |
| 15 | Happen BankLehi, UT | 2 | — | 1.5% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | Florida | 22 | 16.9% | |
| 2 | Indiana | 11 | 8.5% | |
| 3 | California | 9 | 6.9% | |
| 4 | Texas | 9 | 6.9% | |
| 5 | Wisconsin | 6 | 4.6% | |
| 6 | New Jersey | 6 | 4.6% | |
| 7 | Illinois | 6 | 4.6% | |
| 8 | Maryland | 5 | 3.8% | |
| 9 | New York | 5 | 3.8% | |
| 10 | Colorado | 4 | 3.1% | |
| 11 | North Carolina | 4 | 3.1% | |
| 12 | Ohio | 4 | 3.1% | |
| 13 | Georgia | 4 | 3.1% | |
| 14 | Massachusetts | 4 | 3.1% | |
| 15 | Minnesota | 3 | 2.3% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Other Miscellaneous ManufacturingNAICS 3399 | 96 | 73.8% | |
| 2 | Printing and Related Support ActivitiesNAICS 3231 | 14 | 10.8% | |
| 3 | Advertising, Public Relations, and Related ServicesNAICS 5418 | 8 | 6.2% | |
| 4 | Miscellaneous Durable Goods Merchant WholesalersNAICS 4239 | 2 | 1.5% | |
| 5 | Other Personal ServicesNAICS 8129 | 2 | 1.5% |
Approval sizes
- $50,000 or less15.4%20
- $50,001 to $150,0006.2%8
- $150,001 to $350,00036.9%48
- $350,001 to $1 million27.7%36
- $1 million to $2 million10.0%13
- Over $2 million3.8%5
Age of the businesses
- Existing, more than 2 years old29.2%38
- New business, 2 years or less10.0%13
- Startup, loan funds will open the business35.4%46
- Change of ownership25.4%33
Questions and answers
How many SBA loans go to Fastsigns franchises?
361 approvals since FY2010, worth $152M; 130 in FY2021 to FY2025.
Which lenders make SBA loans for Fastsigns franchises?
By approvals in FY2021 to FY2025: The Huntington National Bank (32), The Farmers Bank, Frankfort, Indiana (8), Live Oak Banking Company (7), SouthState Bank, National Association (6), Central Bank (4).
How large is a typical SBA loan for a Fastsigns franchise?
The average approval in FY2021 to FY2025 was $562K.
What share of Fastsigns SBA loans are charged off?
Of 227 disbursed loans approved in FY2010 to FY2021, 12 (5.3%) are recorded as charged off; for all SBA loans from those years the figure is 6.0%.
Are SBA loans to Fastsigns franchises rising?
Approvals in the three latest complete fiscal years total 77, against 82 in the three before: broadly level (-6%).
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