Franchise brands › JETSET Pilates
Franchise brand52 approvals since FY2023
SBA loans to JETSET Pilates 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 FY2023, 52 SBA loan approvals worth $32.8M carry the JETSET Pilates franchise code, 22 of them in FY2021 to FY2025.
In FY2025 there were 18. The average approval in the five-year window was $603K.
9 lenders made the FY2021 to FY2025 loans across 6 states; the most active were The Huntington National Bank (8), Quaint Oak Bank (5) and PNC Bank, National Association (2).
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* | 30 | $19.5M | $650K | 0 | 338 |
| FY2025 | 18 | $10.7M | $592K | 0 | 162 |
| FY2024 | 2 | — | — | 0 | 26 |
| FY2023 | 2 | — | — | 0 | 7 |
| FY2022 | 0 | — | — | 0 | 0 |
| FY2021 | 0 | — | — | 0 | 0 |
| FY2020 | 0 | — | — | 0 | 0 |
| FY2019 | 0 | — | — | 0 | 0 |
| FY2018 | 0 | — | — | 0 | 0 |
| FY2017 | 0 | — | — | 0 | 0 |
| FY2016 | 0 | — | — | 0 | 0 |
SBA's franchise field lists the brand as "JETSET Pilates". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | JETSET Pilates | All SBA loans |
|---|---|---|
| Approvals in these years | 0 | 725,496 |
| Cancelled or never disbursed | 0 | 91,827 |
| Disbursed loans | 0 | 633,669 |
| Paid in full | 0 | 471,304 |
| Charged off | 0 | 37,796 |
| Still outstanding (status exempt from disclosure) | 0 | 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 | 8 | $3.0M | 36.4% | |
| 2 | Quaint Oak BankSouthampton, PA | 5 | $4.0M | 22.7% | |
| 3 | PNC Bank, National AssociationWilmington, DE | 2 | — | 9.1% | |
| 4 | First National Bank of Coffee CountyDouglas, GA | 2 | — | 9.1% | |
| 5 | GBankLas Vegas, NV | 1 | — | 4.5% | |
| 6 | Wilmington Savings Fund Society FSBWilmington, DE | 1 | — | 4.5% | |
| 7 | First Bank of the LakeOsage Beach, MO | 1 | — | 4.5% | |
| 8 | Primesouth BankBlackshear, GA | 1 | — | 4.5% | |
| 9 | Banesco USAMiami, FL | 1 | — | 4.5% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | Florida | 11 | 50.0% | |
| 2 | North Carolina | 3 | 13.6% | |
| 3 | New York | 3 | 13.6% | |
| 4 | Texas | 2 | 9.1% | |
| 5 | Utah | 2 | 9.1% | |
| 6 | Pennsylvania | 1 | 4.5% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Other Amusement and Recreation IndustriesNAICS 7139 | 22 | 100.0% |
Approval sizes
- $50,000 or less13.6%3
- $50,001 to $150,0004.5%1
- $350,001 to $1 million81.8%18
Age of the businesses
- New business, 2 years or less4.5%1
- Startup, loan funds will open the business95.5%21
Questions and answers
How many SBA loans go to JETSET Pilates franchises?
52 approvals since FY2023, worth $32.8M; 22 in FY2021 to FY2025.
Which lenders make SBA loans for JETSET Pilates franchises?
By approvals in FY2021 to FY2025: The Huntington National Bank (8), Quaint Oak Bank (5), PNC Bank, National Association (2), First National Bank of Coffee County (2), GBank (1).
How large is a typical SBA loan for a JETSET Pilates franchise?
The average approval in FY2021 to FY2025 was $603K.
What share of JETSET Pilates 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 JETSET Pilates 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