Franchise brands › Marco's Pizza
Franchise brand484 approvals since FY2010
SBA loans to Marco's Pizza 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 484 loan approvals since FY2010 under the Marco's Pizza franchise brand, worth $179M; 154 of them came in FY2021 to FY2025.
In FY2025 there were 20, down 20% on FY2024. The average approval in the five-year window was $442K.
25 lenders made the FY2021 to FY2025 loans across 21 states; the most active were KeyBank National Association (33), The Bancorp Bank National Association (13) and The Huntington National Bank (13).
Of loans approved in FY2010 to FY2021 and disbursed, SBA records 5.5% as charged off, close to 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* | 20 | $8.2M | $410K | 0 | 403 |
| FY2025 | 20 | $9.4M | $472K | 0 | 313 |
| FY2024 | 25 | $10.5M | $418K | 0 | 623 |
| FY2023 | 21 | $10.4M | $495K | 0 | 579 |
| FY2022 | 21 | $8.5M | $402K | 0 | 567 |
| FY2021 | 67 | $29.3M | $437K | 0 | 1,811 |
| FY2020 | 19 | $6.1M | $323K | 0 | 374 |
| FY2019 | 44 | $14.2M | $322K | 0 | 1,109 |
| FY2018 | 52 | $17.7M | $341K | 0 | 1,234 |
| FY2017 | 45 | $14.1M | $314K | 1 | 1,249 |
| FY2016 | 43 | $13.9M | $324K | 1 | 1,213 |
SBA's franchise field lists the brand as "MARCO'S PIZZA"; "Marco's Pizza". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Marco's Pizza | All SBA loans |
|---|---|---|
| Approvals in these years | 377 | 725,496 |
| Cancelled or never disbursed | 30 | 91,827 |
| Disbursed loans | 347 | 633,669 |
| Paid in full | 236 | 471,304 |
| Charged off | 19 | 37,796 |
| Still outstanding (status exempt from disclosure) | 92 | 124,569 |
| Charged off, share of disbursed loans | 5.5% | 6.0% |
| Dollars charged off, share of disbursed dollars | 4.0% | 2.2% |
| Dollars charged off | $4.9M | $6.20bn |
Lenders
| # | Lender, FY2021–FY2025 | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | KeyBank National AssociationCleveland, OH | 33 | $14.2M | 21.4% | |
| 2 | The Bancorp Bank National AssociationSioux Falls, SD | 13 | $6.1M | 8.4% | |
| 3 | The Huntington National BankColumbus, OH | 13 | $3.6M | 8.4% | |
| 4 | Customers BankMalvern, PA | 10 | $4.2M | 6.5% | |
| 5 | Gulf Coast Bank and Trust CompanyNew Orleans, LA | 7 | $2.9M | 4.5% | |
| 6 | Stellar BankHouston, TX | 6 | $2.1M | 3.9% | |
| 7 | Live Oak Banking CompanyWilmington, NC | 5 | $6.6M | 3.2% | |
| 8 | Oriental BankSan Juan, PR | 5 | $1.9M | 3.2% | |
| 9 | Western State BankDevils Lake, ND | 5 | $1.3M | 3.2% | |
| 10 | Wells Fargo Bank National AssociationSioux Falls, SD | 4 | $2.0M | 2.6% | |
| 11 | Truist BankCharlotte, NC | 3 | $3.2M | 1.9% | |
| 12 | Meridian BankMalvern, PA | 3 | $1.7M | 1.9% | |
| 13 | b1BANKBaton Rouge, LA | 3 | $1.0M | 1.9% | |
| 14 | Celtic Bank CorporationSalt Lake City, UT | 3 | $908K | 1.9% | |
| 15 | Banco Popular de Puerto RicoSan Juan, PR | 3 | $775K | 1.9% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | Texas | 46 | 29.9% | |
| 2 | Florida | 23 | 14.9% | |
| 3 | Georgia | 12 | 7.8% | |
| 4 | Colorado | 9 | 5.8% | |
| 5 | Puerto Rico | 9 | 5.8% | |
| 6 | California | 8 | 5.2% | |
| 7 | Virginia | 8 | 5.2% | |
| 8 | Michigan | 7 | 4.5% | |
| 9 | North Carolina | 6 | 3.9% | |
| 10 | Nevada | 5 | 3.2% | |
| 11 | Ohio | 5 | 3.2% | |
| 12 | Maryland | 4 | 2.6% | |
| 13 | Kansas | 3 | 1.9% | |
| 14 | Tennessee | 2 | 1.3% | |
| 15 | Idaho | 1 | 0.6% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 152 | 98.7% | |
| 2 | Direct Selling EstablishmentsNAICS 4543 | 2 | 1.3% |
Approval sizes
- $50,000 or less3.2%5
- $50,001 to $150,0003.9%6
- $150,001 to $350,00027.3%42
- $350,001 to $1 million63.0%97
- $1 million to $2 million1.9%3
- Over $2 million0.6%1
Age of the businesses
- Existing, more than 2 years old8.4%13
- New business, 2 years or less14.9%23
- Startup, loan funds will open the business65.6%101
- Change of ownership11.0%17
Questions and answers
How many SBA loans go to Marco's Pizza franchises?
484 approvals since FY2010, worth $179M; 154 in FY2021 to FY2025.
Which lenders make SBA loans for Marco's Pizza franchises?
By approvals in FY2021 to FY2025: KeyBank National Association (33), The Bancorp Bank National Association (13), The Huntington National Bank (13), Customers Bank (10), Gulf Coast Bank and Trust Company (7).
How large is a typical SBA loan for a Marco's Pizza franchise?
The average approval in FY2021 to FY2025 was $442K.
What share of Marco's Pizza SBA loans are charged off?
Of 347 disbursed loans approved in FY2010 to FY2021, 19 (5.5%) are recorded as charged off; for all SBA loans from those years the figure is 6.0%.
Are SBA loans to Marco's Pizza franchises rising?
Approvals in the three latest complete fiscal years total 66, against 107 in the three before: falling (-38%).
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