Franchise brands › Five Star Bath Solutions
Franchise brand74 approvals since FY2018
SBA loans to Five Star Bath Solutions 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 FY2018, 74 SBA loan approvals worth $15.5M carry the Five Star Bath Solutions franchise code, 62 of them in FY2021 to FY2025.
In FY2025 there were 26, up 117% on FY2024. The average approval in the five-year window was $220K, and 1 of the approvals were 504 loans.
14 lenders made the FY2021 to FY2025 loans across 23 states; the most active were The Huntington National Bank (29), First Bank of the Lake (17) and United Midwest Savings Bank National Association (3).
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* | 7 | $1.2M | $178K | 0 | 50 |
| FY2025 | 26 | $6.4M | $244K | 0 | 132 |
| FY2024 | 12 | $2.5M | $212K | 0 | 55 |
| FY2023 | 18 | $3.7M | $204K | 0 | 121 |
| FY2022 | 3 | $342K | $114K | 0 | 24 |
| FY2021 | 3 | $725K | $242K | 1 | 13 |
| FY2020 | 2 | — | — | 0 | 6 |
| FY2019 | 1 | — | — | 0 | 3 |
| FY2018 | 2 | — | — | 0 | 13 |
| FY2017 | 0 | — | — | 0 | 0 |
| FY2016 | 0 | — | — | 0 | 0 |
SBA's franchise field lists the brand as "Five Star Bath Solutions". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Five Star Bath Solutions | All SBA loans |
|---|---|---|
| Approvals in these years | 8 | 725,496 |
| Cancelled or never disbursed | 0 | 91,827 |
| Disbursed loans | 8 | 633,669 |
| Paid in full | 4 | 471,304 |
| Charged off | 3 | 37,796 |
| Still outstanding (status exempt from disclosure) | 1 | 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 | 29 | $5.0M | 46.8% | |
| 2 | First Bank of the LakeOsage Beach, MO | 17 | $4.6M | 27.4% | |
| 3 | United Midwest Savings Bank National AssociationDe Graff, OH | 3 | $340K | 4.8% | |
| 4 | First Commonwealth BankIndiana, PA | 2 | — | 3.2% | |
| 5 | Manufacturers and Traders Trust CompanyBuffalo, NY | 2 | — | 3.2% | |
| 6 | Readycap Lending, LLCBerkeley Heights, NJ | 1 | — | 1.6% | |
| 7 | Intermountain Business Lending, Inc.Ogden, UT · CDC | 1 | — | 1.6% | |
| 8 | Port 51 Lending LLCNew York, NY | 1 | — | 1.6% | |
| 9 | Newtek Bank, National AssociationMiami, FL | 1 | — | 1.6% | |
| 10 | Stearns Bank National AssociationSaint Cloud, MN | 1 | — | 1.6% | |
| 11 | Univest Bank and Trust CoSouderton, PA | 1 | — | 1.6% | |
| 12 | Magnifi Financial CUMelrose, MN | 1 | — | 1.6% | |
| 13 | Builtwell BankChattanooga, TN | 1 | — | 1.6% | |
| 14 | State Bank of Southern UtahCedar City, UT | 1 | — | 1.6% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | California | 10 | 16.1% | |
| 2 | Florida | 6 | 9.7% | |
| 3 | Ohio | 4 | 6.5% | |
| 4 | Pennsylvania | 4 | 6.5% | |
| 5 | Texas | 4 | 6.5% | |
| 6 | New York | 4 | 6.5% | |
| 7 | Georgia | 3 | 4.8% | |
| 8 | Massachusetts | 3 | 4.8% | |
| 9 | Virginia | 3 | 4.8% | |
| 10 | Utah | 2 | 3.2% | |
| 11 | Oregon | 2 | 3.2% | |
| 12 | Tennessee | 2 | 3.2% | |
| 13 | Maryland | 2 | 3.2% | |
| 14 | Arizona | 2 | 3.2% | |
| 15 | Oklahoma | 2 | 3.2% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Residential Building ConstructionNAICS 2361 | 54 | 87.1% | |
| 2 | Other Specialty Trade ContractorsNAICS 2389 | 4 | 6.5% | |
| 3 | Beer, Wine, and Liquor StoresNAICS 4453 | 2 | 3.2% | |
| 4 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 1 | 1.6% | |
| 5 | Building Equipment ContractorsNAICS 2382 | 1 | 1.6% |
Approval sizes
- $50,000 or less25.8%16
- $50,001 to $150,0009.7%6
- $150,001 to $350,00050.0%31
- $350,001 to $1 million14.5%9
Age of the businesses
- Existing, more than 2 years old1.6%1
- New business, 2 years or less11.3%7
- Startup, loan funds will open the business85.5%53
- Not answered1.6%1
Questions and answers
How many SBA loans go to Five Star Bath Solutions franchises?
74 approvals since FY2018, worth $15.5M; 62 in FY2021 to FY2025.
Which lenders make SBA loans for Five Star Bath Solutions franchises?
By approvals in FY2021 to FY2025: The Huntington National Bank (29), First Bank of the Lake (17), United Midwest Savings Bank National Association (3), First Commonwealth Bank (2), Manufacturers and Traders Trust Company (2).
How large is a typical SBA loan for a Five Star Bath Solutions franchise?
The average approval in FY2021 to FY2025 was $220K.
What share of Five Star Bath Solutions 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 Five Star Bath Solutions franchises rising?
Volumes are too small to compare periods.
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