SBA loans to Meineke Car Care Center 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 142 loan approvals since FY2016 under the Meineke Car Care Center franchise brand, worth $82.3M; 80 of them came in FY2021 to FY2025.

In FY2025 there were 6, down 50% on FY2024. The average approval in the five-year window was $668K, and 5 of the approvals were 504 loans.

29 lenders made the FY2021 to FY2025 loans across 25 states; the most active were Live Oak Banking Company (15), First Bank of the Lake (7) and ConnectOne Bank (6).

Of loans approved in FY2010 to FY2021 and disbursed, SBA records 9.2% 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.

142approvals since FY2016$82.3M

80approvals, FY2021–FY2025FY2025: 6

$668Kaverage approval, FY2021–FY2025all SBA loans: $573K

29lenders, FY2021–FY202525 states

9.2%loans approved FY2010–FY2021 charged offall SBA loans: 6.0%

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	$1.9M	$372K	0	35
FY2025	6	$6.2M	$1.0M	1	70
FY2024	12	$7.6M	$632K	2	126
FY2023	20	$9.5M	$474K	1	310
FY2022	13	$10.3M	$793K	1	138
FY2021	29	$19.8M	$684K	0	235
FY2020	21	$11.0M	$523K	0	211
FY2019	12	$6.6M	$547K	1	101
FY2018	21	$8.1M	$388K	1	169
FY2017	2	—	—	1	9
FY2016	1	—	—	0	5

SBA's franchise field lists the brand as "Meineke Car Care Center". Codes SBA has used for the same brand name are added together.

Charge-off cohort rate

Meineke Car Care Center franchises9.2%

All SBA 7(a) and 504 loans6.0%

Share of disbursed loans approved FY2010–FY2021 that SBA records as charged off. A brand's rate reflects when and where its franchise owners borrowed and how much, as well as the brand.

Loans approved FY2010–FY2021	Meineke Car Care Center	All SBA loans
Approvals in these years	86	725,496
Cancelled or never disbursed	10	91,827
Disbursed loans	76	633,669
Paid in full	38	471,304
Charged off	7	37,796
Still outstanding (status exempt from disclosure)	31	124,569
Charged off, share of disbursed loans	9.2%	6.0%
Dollars charged off, share of disbursed dollars	4.0%	2.2%
Dollars charged off	$1.7M	$6.20bn

Lenders

#	Lender, FY2021–FY2025	Approvals	Dollars	Share
1	Live Oak Banking CompanyWilmington, NC	15	$13.2M	18.8%
2	First Bank of the LakeOsage Beach, MO	7	$4.0M	8.8%
3	ConnectOne BankEnglewood Cliffs, NJ	6	$2.6M	7.5%
4	Rockland Trust CompanyRockland, MA	4	$1.3M	5.0%
5	Firstrust Savings BankConshohocken, PA	3	$4.4M	3.8%
6	Celtic Bank CorporationSalt Lake City, UT	3	$3.6M	3.8%
7	First Oklahoma BankJenks, OK	3	$1.9M	3.8%
8	The Huntington National BankColumbus, OH	3	$820K	3.8%
9	TD Bank, National AssociationWilmington, DE	2	—	2.5%
10	Lake Michigan CUGrand Rapids, MI	2	—	2.5%
11	Old National BankEvansville, IN	2	—	2.5%
12	Zions Bank, A Division ofSalt Lake City, UT	2	—	2.5%
13	Mortgage Capital Development CorporationOakland, CA · CDC	2	—	2.5%
14	First National Bank of PennsylvaniaGreenville, PA	2	—	2.5%
15	Heritage Bank IncBurlington, KY	2	—	2.5%

States

#	State of the business, FY2021–FY2025	Approvals	Share
1	Texas	11	13.8%
2	Illinois	8	10.0%
3	Georgia	7	8.8%
4	Florida	6	7.5%
5	North Carolina	5	6.3%
6	Virginia	5	6.3%
7	New Hampshire	5	6.3%
8	New Jersey	3	3.8%
9	California	3	3.8%
10	Oklahoma	3	3.8%
11	Maryland	3	3.8%
12	Nevada	3	3.8%
13	Massachusetts	2	2.5%
14	Wisconsin	2	2.5%
15	Utah	2	2.5%

Filed under

#	Industry group	Approvals	Share
1	Automotive Repair and MaintenanceNAICS 8111	79	98.8%
2	Automotive Parts, Accessories, and Tire StoresNAICS 4413	1	1.3%

Approval sizes

$50,000 or less3.8%3
$50,001 to $150,0003.8%3
$150,001 to $350,00025.0%20
$350,001 to $1 million45.0%36
$1 million to $2 million21.3%17
Over $2 million1.3%1

Age of the businesses

Existing, more than 2 years old32.5%26
New business, 2 years or less21.3%17
Startup, loan funds will open the business28.7%23
Change of ownership17.5%14

Questions and answers

How many SBA loans go to Meineke Car Care Center franchises?

142 approvals since FY2016, worth $82.3M; 80 in FY2021 to FY2025.

Which lenders make SBA loans for Meineke Car Care Center franchises?

By approvals in FY2021 to FY2025: Live Oak Banking Company (15), First Bank of the Lake (7), ConnectOne Bank (6), Rockland Trust Company (4), Firstrust Savings Bank (3).

How large is a typical SBA loan for a Meineke Car Care Center franchise?

The average approval in FY2021 to FY2025 was $668K.

What share of Meineke Car Care Center SBA loans are charged off?

Of 76 disbursed loans approved in FY2010 to FY2021, 7 (9.2%) are recorded as charged off; for all SBA loans from those years the figure is 6.0%.

Are SBA loans to Meineke Car Care Center franchises rising?

Approvals in the three latest complete fiscal years total 38, against 63 in the three before: falling (-40%).

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