Franchise brands › Koala Insulation
Franchise brand91 approvals since FY2021
SBA loans to Koala Insulation 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.
SBA lists 91 loan approvals since FY2021 under the Koala Insulation franchise brand, worth $21.3M; 86 of them came in FY2021 to FY2025.
In FY2025 there were 5, down 50% on FY2024. The average approval in the five-year window was $219K.
23 lenders made the FY2021 to FY2025 loans across 23 states; the most active were The Huntington National Bank (35), United Midwest Savings Bank National Association (15) and SouthState Bank, National Association (5).
Of loans approved in FY2010 to FY2021 and disbursed, SBA records 8.8% as charged off, above 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* | 5 | $2.5M | $497K | 0 | 27 |
| FY2025 | 5 | $1.3M | $258K | 0 | 64 |
| FY2024 | 10 | $2.5M | $249K | 0 | 47 |
| FY2023 | 14 | $3.0M | $212K | 0 | 129 |
| FY2022 | 21 | $4.0M | $192K | 0 | 152 |
| FY2021 | 36 | $8.1M | $224K | 0 | 244 |
| 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 "Koala Insulation". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Koala Insulation | All SBA loans |
|---|---|---|
| Approvals in these years | 36 | 725,496 |
| Cancelled or never disbursed | 2 | 91,827 |
| Disbursed loans | 34 | 633,669 |
| Paid in full | 17 | 471,304 |
| Charged off | 3 | 37,796 |
| Still outstanding (status exempt from disclosure) | 14 | 124,569 |
| Charged off, share of disbursed loans | 8.8% | 6.0% |
| Dollars charged off, share of disbursed dollars | 5.0% | 2.2% |
| Dollars charged off | $397K | $6.20bn |
Lenders
| # | Lender, FY2021–FY2025 | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | The Huntington National BankColumbus, OH | 35 | $6.3M | 40.7% | |
| 2 | United Midwest Savings Bank National AssociationDe Graff, OH | 15 | $2.2M | 17.4% | |
| 3 | SouthState Bank, National AssociationWinter Haven, FL | 5 | $1.7M | 5.8% | |
| 4 | American Bank of FreedomWellsville, MO | 3 | $1.0M | 3.5% | |
| 5 | The Bank of HoustonHouston, MO | 3 | $998K | 3.5% | |
| 6 | Manufacturers and Traders Trust CompanyBuffalo, NY | 3 | $331K | 3.5% | |
| 7 | Magnifi Financial CUMelrose, MN | 2 | — | 2.3% | |
| 8 | Hancock Whitney BankGulfport, MS | 2 | — | 2.3% | |
| 9 | The Bancorp Bank National AssociationSioux Falls, SD | 2 | — | 2.3% | |
| 10 | Old National BankEvansville, IN | 2 | — | 2.3% | |
| 11 | Zions Bank, A Division ofSalt Lake City, UT | 2 | — | 2.3% | |
| 12 | Readycap Lending, LLCBerkeley Heights, NJ | 1 | — | 1.2% | |
| 13 | Midwest Regional BankFestus, MO | 1 | — | 1.2% | |
| 14 | First National Bank of OmahaOmaha, NE | 1 | — | 1.2% | |
| 15 | Midwest BankCentreSaint Louis, MO | 1 | — | 1.2% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | Florida | 12 | 14.0% | |
| 2 | North Carolina | 8 | 9.3% | |
| 3 | Colorado | 7 | 8.1% | |
| 4 | Michigan | 6 | 7.0% | |
| 5 | Ohio | 6 | 7.0% | |
| 6 | Pennsylvania | 5 | 5.8% | |
| 7 | Texas | 5 | 5.8% | |
| 8 | Indiana | 5 | 5.8% | |
| 9 | Georgia | 4 | 4.7% | |
| 10 | New Jersey | 4 | 4.7% | |
| 11 | Missouri | 3 | 3.5% | |
| 12 | Alabama | 3 | 3.5% | |
| 13 | Minnesota | 3 | 3.5% | |
| 14 | Connecticut | 3 | 3.5% | |
| 15 | California | 2 | 2.3% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Building Finishing ContractorsNAICS 2383 | 78 | 90.7% | |
| 2 | Lumber and Other Construction Materials Merchant WholesalersNAICS 4233 | 4 | 4.7% | |
| 3 | Other Specialty Trade ContractorsNAICS 2389 | 2 | 2.3% | |
| 4 | Building Equipment ContractorsNAICS 2382 | 1 | 1.2% | |
| 5 | Architectural, Engineering, and Related ServicesNAICS 5413 | 1 | 1.2% |
Approval sizes
- $50,000 or less24.4%21
- $50,001 to $150,00019.8%17
- $150,001 to $350,00046.5%40
- $350,001 to $1 million9.3%8
Age of the businesses
- Existing, more than 2 years old3.5%3
- New business, 2 years or less7.0%6
- Startup, loan funds will open the business89.5%77
Questions and answers
How many SBA loans go to Koala Insulation franchises?
91 approvals since FY2021, worth $21.3M; 86 in FY2021 to FY2025.
Which lenders make SBA loans for Koala Insulation franchises?
By approvals in FY2021 to FY2025: The Huntington National Bank (35), United Midwest Savings Bank National Association (15), SouthState Bank, National Association (5), American Bank of Freedom (3), The Bank of Houston (3).
How large is a typical SBA loan for a Koala Insulation franchise?
The average approval in FY2021 to FY2025 was $219K.
What share of Koala Insulation SBA loans are charged off?
Of 34 disbursed loans approved in FY2010 to FY2021, 3 (8.8%) are recorded as charged off; for all SBA loans from those years the figure is 6.0%.
Are SBA loans to Koala Insulation franchises rising?
Approvals in the three latest complete fiscal years total 29, against 57 in the three before: falling (-49%).
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