Franchise brands › Home Instead
Franchise brand236 approvals since FY2016
SBA loans to Home Instead 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 FY2016, 236 SBA loan approvals worth $172M carry the Home Instead franchise code, 144 of them in FY2021 to FY2025.
In FY2025 there were 21, up 40% on FY2024. The average approval in the five-year window was $757K, and 6 of the approvals were 504 loans.
31 lenders made the FY2021 to FY2025 loans across 32 states; the most active were Live Oak Banking Company (43), Associated Bank National Association (40) and First Commonwealth Bank (5).
Of loans approved in FY2010 to FY2021 and disbursed, SBA records 0.0% as charged off, below 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* | 18 | $20.6M | $1.1M | 1 | 1,285 |
| FY2025 | 21 | $14.4M | $687K | 0 | 1,176 |
| FY2024 | 15 | $12.6M | $841K | 1 | 1,060 |
| FY2023 | 32 | $33.7M | $1.1M | 0 | 2,586 |
| FY2022 | 38 | $23.3M | $612K | 4 | 2,654 |
| FY2021 | 38 | $25.1M | $660K | 1 | 2,702 |
| FY2020 | 28 | $15.0M | $535K | 4 | 1,443 |
| FY2019 | 27 | $17.8M | $658K | 1 | 1,627 |
| FY2018 | 17 | $9.9M | $584K | 1 | 1,191 |
| FY2017 | 1 | — | — | 0 | 100 |
| FY2016 | 1 | — | — | 0 | 51 |
SBA's franchise field lists the brand as "Home Instead". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Home Instead | All SBA loans |
|---|---|---|
| Approvals in these years | 112 | 725,496 |
| Cancelled or never disbursed | 7 | 91,827 |
| Disbursed loans | 105 | 633,669 |
| Paid in full | 58 | 471,304 |
| Charged off | 0 | 37,796 |
| Still outstanding (status exempt from disclosure) | 47 | 124,569 |
| Charged off, share of disbursed loans | 0.0% | 6.0% |
| Dollars charged off, share of disbursed dollars | 0.0% | 2.2% |
| Dollars charged off | $0 | $6.20bn |
Lenders
| # | Lender, FY2021–FY2025 | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Live Oak Banking CompanyWilmington, NC | 43 | $44.5M | 29.9% | |
| 2 | Associated Bank National AssociationGreen Bay, WI | 40 | $17.5M | 27.8% | |
| 3 | First Commonwealth BankIndiana, PA | 5 | $2.3M | 3.5% | |
| 4 | The Huntington National BankColumbus, OH | 5 | $1.4M | 3.5% | |
| 5 | First National Bank of PennsylvaniaGreenville, PA | 3 | $4.3M | 2.1% | |
| 6 | Arbor BankNebraska City, NE | 3 | $4.0M | 2.1% | |
| 7 | Byline BankChicago, IL | 3 | $3.9M | 2.1% | |
| 8 | U.S. Bank, National AssociationCincinnati, OH | 3 | $1.3M | 2.1% | |
| 9 | DFCU FinancialDearborn, MI | 2 | — | 1.4% | |
| 10 | Gulf Coast Bank and Trust CompanyNew Orleans, LA | 2 | — | 1.4% | |
| 11 | Old National BankEvansville, IN | 2 | — | 1.4% | |
| 12 | First Internet Bank of IndianaFishers, IN | 2 | — | 1.4% | |
| 13 | HomeTrust BankAsheville, NC | 2 | — | 1.4% | |
| 14 | Manufacturers and Traders Trust CompanyBuffalo, NY | 2 | — | 1.4% | |
| 15 | Frost BankSan Antonio, TX | 2 | — | 1.4% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | California | 19 | 13.2% | |
| 2 | Texas | 19 | 13.2% | |
| 3 | Florida | 14 | 9.7% | |
| 4 | Pennsylvania | 8 | 5.6% | |
| 5 | Ohio | 7 | 4.9% | |
| 6 | Massachusetts | 6 | 4.2% | |
| 7 | Arizona | 5 | 3.5% | |
| 8 | Colorado | 5 | 3.5% | |
| 9 | Washington | 5 | 3.5% | |
| 10 | Maryland | 4 | 2.8% | |
| 11 | Illinois | 4 | 2.8% | |
| 12 | Michigan | 4 | 2.8% | |
| 13 | Virginia | 3 | 2.1% | |
| 14 | Indiana | 3 | 2.1% | |
| 15 | Maine | 3 | 2.1% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Home Health Care ServicesNAICS 6216 | 107 | 74.3% | |
| 2 | Individual and Family ServicesNAICS 6241 | 33 | 22.9% | |
| 3 | Other Investment Pools and FundsNAICS 5259 | 2 | 1.4% | |
| 4 | Other Personal ServicesNAICS 8129 | 1 | 0.7% | |
| 5 | Outpatient Care CentersNAICS 6214 | 1 | 0.7% |
Approval sizes
- $50,000 or less6.9%10
- $50,001 to $150,00021.5%31
- $150,001 to $350,00021.5%31
- $350,001 to $1 million24.3%35
- $1 million to $2 million17.4%25
- Over $2 million8.3%12
Age of the businesses
- Existing, more than 2 years old20.1%29
- New business, 2 years or less20.8%30
- Startup, loan funds will open the business10.4%15
- Change of ownership48.6%70
Questions and answers
How many SBA loans go to Home Instead franchises?
236 approvals since FY2016, worth $172M; 144 in FY2021 to FY2025.
Which lenders make SBA loans for Home Instead franchises?
By approvals in FY2021 to FY2025: Live Oak Banking Company (43), Associated Bank National Association (40), First Commonwealth Bank (5), The Huntington National Bank (5), First National Bank of Pennsylvania (3).
How large is a typical SBA loan for a Home Instead franchise?
The average approval in FY2021 to FY2025 was $757K.
What share of Home Instead SBA loans are charged off?
Of 105 disbursed loans approved in FY2010 to FY2021, 0 (0.0%) are recorded as charged off; for all SBA loans from those years the figure is 6.0%.
Are SBA loans to Home Instead franchises rising?
Approvals in the three latest complete fiscal years total 68, against 104 in the three before: falling (-35%).
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