Franchise brands › FYZICAL Therapy & Balance Centers
Franchise brand129 approvals since FY2018
SBA loans to FYZICAL Therapy & Balance Centers 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, 129 SBA loan approvals worth $29.3M carry the FYZICAL Therapy & Balance Centers franchise code, 87 of them in FY2021 to FY2025.
In FY2025 there were 14, up 27% on FY2024. The average approval in the five-year window was $229K, and 2 of the approvals were 504 loans.
22 lenders made the FY2021 to FY2025 loans across 21 states; the most active were The Huntington National Bank (52), First Bank of the Lake (7) and Pinnacle Bank (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* | 28 | $6.8M | $244K | 0 | 163 |
| FY2025 | 14 | $2.9M | $205K | 0 | 77 |
| FY2024 | 11 | $2.5M | $224K | 0 | 75 |
| FY2023 | 19 | $5.0M | $263K | 0 | 168 |
| FY2022 | 28 | $5.6M | $199K | 0 | 288 |
| FY2021 | 15 | $4.0M | $266K | 2 | 81 |
| FY2020 | 5 | $1.1M | $212K | 1 | 20 |
| FY2019 | 7 | $1.2M | $166K | 0 | 36 |
| FY2018 | 2 | — | — | 0 | 3 |
| FY2017 | 0 | — | — | 0 | 0 |
| FY2016 | 0 | — | — | 0 | 0 |
SBA's franchise field lists the brand as "FYZICAL Therapy & Balance Centers". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | FYZICAL Therapy & Balance Centers | 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 | 10 | 471,304 |
| Charged off | 0 | 37,796 |
| Still outstanding (status exempt from disclosure) | 15 | 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 | 52 | $9.4M | 59.8% | |
| 2 | First Bank of the LakeOsage Beach, MO | 7 | $2.2M | 8.0% | |
| 3 | Pinnacle BankNashville, TN | 3 | $867K | 3.4% | |
| 4 | Wilmington Savings Fund Society FSBWilmington, DE | 2 | — | 2.3% | |
| 5 | Citizens BankElizabethton, TN | 2 | — | 2.3% | |
| 6 | Wells Fargo Bank National AssociationSioux Falls, SD | 2 | — | 2.3% | |
| 7 | The Bancorp Bank National AssociationSioux Falls, SD | 2 | — | 2.3% | |
| 8 | United Community BankGreenville, SC | 2 | — | 2.3% | |
| 9 | Old Plank Trail Community Bank National AssociationMokena, IL | 2 | — | 2.3% | |
| 10 | Enchantment Land Certified Development CompanyAlbuquerque, NM · CDC | 1 | — | 1.1% | |
| 11 | Capital One National AssociationMcLean, VA | 1 | — | 1.1% | |
| 12 | The Harbor Bank of MarylandBaltimore, MD | 1 | — | 1.1% | |
| 13 | Newtek Small Business Finance, Inc.Lake Success, NY | 1 | — | 1.1% | |
| 14 | First National Bank of Coffee CountyDouglas, GA | 1 | — | 1.1% | |
| 15 | Grow America Fund, IncorporatedNew York, NY | 1 | — | 1.1% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | Texas | 16 | 18.4% | |
| 2 | Florida | 7 | 8.0% | |
| 3 | Georgia | 7 | 8.0% | |
| 4 | Pennsylvania | 6 | 6.9% | |
| 5 | Missouri | 6 | 6.9% | |
| 6 | Ohio | 6 | 6.9% | |
| 7 | New Jersey | 5 | 5.7% | |
| 8 | South Carolina | 4 | 4.6% | |
| 9 | Colorado | 4 | 4.6% | |
| 10 | North Carolina | 3 | 3.4% | |
| 11 | Minnesota | 3 | 3.4% | |
| 12 | Massachusetts | 3 | 3.4% | |
| 13 | Michigan | 3 | 3.4% | |
| 14 | Arizona | 3 | 3.4% | |
| 15 | Illinois | 3 | 3.4% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Offices of Other Health PractitionersNAICS 6213 | 77 | 88.5% | |
| 2 | Other Ambulatory Health Care ServicesNAICS 6219 | 2 | 2.3% | |
| 3 | Outpatient Care CentersNAICS 6214 | 2 | 2.3% | |
| 4 | Other Amusement and Recreation IndustriesNAICS 7139 | 2 | 2.3% | |
| 5 | Vocational Rehabilitation ServicesNAICS 6243 | 2 | 2.3% |
Approval sizes
- $50,000 or less27.6%24
- $50,001 to $150,0009.2%8
- $150,001 to $350,00046.0%40
- $350,001 to $1 million16.1%14
- $1 million to $2 million1.1%1
Age of the businesses
- Existing, more than 2 years old10.3%9
- New business, 2 years or less6.9%6
- Startup, loan funds will open the business81.6%71
- Change of ownership1.1%1
Questions and answers
How many SBA loans go to FYZICAL Therapy & Balance Centers franchises?
129 approvals since FY2018, worth $29.3M; 87 in FY2021 to FY2025.
Which lenders make SBA loans for FYZICAL Therapy & Balance Centers franchises?
By approvals in FY2021 to FY2025: The Huntington National Bank (52), First Bank of the Lake (7), Pinnacle Bank (3), Wilmington Savings Fund Society FSB (2), Citizens Bank (2).
How large is a typical SBA loan for a FYZICAL Therapy & Balance Centers franchise?
The average approval in FY2021 to FY2025 was $229K.
What share of FYZICAL Therapy & Balance Centers 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 FYZICAL Therapy & Balance Centers franchises rising?
Approvals in the three latest complete fiscal years total 44, against 48 in the three before: broadly level (-8%).
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