Franchise brands › Hounds Town USA
Franchise brand86 approvals since FY2020
SBA loans to Hounds Town USA 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 FY2020, 86 SBA loan approvals worth $49.2M carry the Hounds Town USA franchise code, 80 of them in FY2021 to FY2025.
In FY2025 there were 12, down 45% on FY2024. The average approval in the five-year window was $577K, and 2 of the approvals were 504 loans.
27 lenders made the FY2021 to FY2025 loans across 24 states; the most active were The Huntington National Bank (27), First National Bank of Pennsylvania (5) and First Bank of the Lake (4).
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* | 4 | $2.3M | $566K | 1 | 52 |
| FY2025 | 12 | $8.4M | $703K | 0 | 85 |
| FY2024 | 22 | $11.7M | $533K | 1 | 247 |
| FY2023 | 21 | $13.0M | $618K | 1 | 241 |
| FY2022 | 10 | $5.5M | $551K | 0 | 95 |
| FY2021 | 15 | $7.5M | $500K | 0 | 176 |
| FY2020 | 2 | — | — | 0 | 20 |
| FY2019 | 0 | — | — | 0 | 0 |
| FY2018 | 0 | — | — | 0 | 0 |
| FY2017 | 0 | — | — | 0 | 0 |
| FY2016 | 0 | — | — | 0 | 0 |
SBA's franchise field lists the brand as "Hounds Town USA". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Hounds Town USA | All SBA loans |
|---|---|---|
| Approvals in these years | 17 | 725,496 |
| Cancelled or never disbursed | 4 | 91,827 |
| Disbursed loans | 13 | 633,669 |
| Paid in full | 3 | 471,304 |
| Charged off | 0 | 37,796 |
| Still outstanding (status exempt from disclosure) | 10 | 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 | 27 | $11.5M | 33.8% | |
| 2 | First National Bank of PennsylvaniaGreenville, PA | 5 | $2.9M | 6.3% | |
| 3 | First Bank of the LakeOsage Beach, MO | 4 | $2.7M | 5.0% | |
| 4 | Busey BankChampaign, IL | 4 | $2.3M | 5.0% | |
| 5 | TD Bank, National AssociationWilmington, DE | 4 | $1.9M | 5.0% | |
| 6 | Wells Fargo Bank National AssociationSioux Falls, SD | 3 | $2.8M | 3.8% | |
| 7 | SouthState Bank, National AssociationWinter Haven, FL | 3 | $1.1M | 3.8% | |
| 8 | TowneBankPortsmouth, VA | 2 | — | 2.5% | |
| 9 | Lincoln Savings BankReinbeck, IA | 2 | — | 2.5% | |
| 10 | The First National Bank of McGregor d/b/a TFNB Your Bank for LifeMcGregor, TX | 2 | — | 2.5% | |
| 11 | Lendistry SBLC, LLCLos Angeles, CA | 2 | — | 2.5% | |
| 12 | Old National BankEvansville, IN | 2 | — | 2.5% | |
| 13 | Sunshine State Economic Development CorporationClearwater, FL · CDC | 1 | — | 1.3% | |
| 14 | First National Bank of Coffee CountyDouglas, GA | 1 | — | 1.3% | |
| 15 | Firstrust Savings BankConshohocken, PA | 1 | — | 1.3% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | Florida | 13 | 16.3% | |
| 2 | Texas | 11 | 13.8% | |
| 3 | Pennsylvania | 9 | 11.3% | |
| 4 | Tennessee | 5 | 6.3% | |
| 5 | New Jersey | 4 | 5.0% | |
| 6 | North Carolina | 4 | 5.0% | |
| 7 | Ohio | 4 | 5.0% | |
| 8 | Georgia | 3 | 3.8% | |
| 9 | Illinois | 3 | 3.8% | |
| 10 | Arizona | 3 | 3.8% | |
| 11 | New York | 3 | 3.8% | |
| 12 | Michigan | 2 | 2.5% | |
| 13 | Wisconsin | 2 | 2.5% | |
| 14 | Kentucky | 2 | 2.5% | |
| 15 | Connecticut | 2 | 2.5% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Other Personal ServicesNAICS 8129 | 78 | 97.5% | |
| 2 | Other Miscellaneous Store RetailersNAICS 4539 | 2 | 2.5% |
Approval sizes
- $50,000 or less16.3%13
- $50,001 to $150,0008.8%7
- $150,001 to $350,0005.0%4
- $350,001 to $1 million62.5%50
- $1 million to $2 million7.5%6
Age of the businesses
- Existing, more than 2 years old1.3%1
- New business, 2 years or less13.8%11
- Startup, loan funds will open the business85.0%68
Questions and answers
How many SBA loans go to Hounds Town USA franchises?
86 approvals since FY2020, worth $49.2M; 80 in FY2021 to FY2025.
Which lenders make SBA loans for Hounds Town USA franchises?
By approvals in FY2021 to FY2025: The Huntington National Bank (27), First National Bank of Pennsylvania (5), First Bank of the Lake (4), Busey Bank (4), TD Bank, National Association (4).
How large is a typical SBA loan for a Hounds Town USA franchise?
The average approval in FY2021 to FY2025 was $577K.
What share of Hounds Town USA 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 Hounds Town USA franchises rising?
Approvals in the three latest complete fiscal years total 55, against 27 in the three before: rising (+104%).
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