Franchise brands › Metal Supermarkets
Franchise brand66 approvals since FY2012
SBA loans to Metal Supermarkets 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 FY2012, 66 SBA loan approvals worth $19.9M carry the Metal Supermarkets franchise code, 30 of them in FY2021 to FY2025.
In FY2025 there were 7. The average approval in the five-year window was $353K.
19 lenders made the FY2021 to FY2025 loans across 15 states; the most active were TD Bank, National Association (3), Horizon Bank (3) and CIBC Bank USA (2).
Of loans approved in FY2010 to FY2021 and disbursed, SBA records 13.5% 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* | 3 | $627K | $209K | 0 | 6 |
| FY2025 | 7 | $2.7M | $391K | 0 | 47 |
| FY2024 | 6 | $2.1M | $351K | 0 | 28 |
| FY2023 | 4 | $1.1M | $287K | 0 | 22 |
| FY2022 | 6 | $2.6M | $429K | 0 | 24 |
| FY2021 | 7 | $2.0M | $290K | 0 | 48 |
| FY2020 | 5 | $1.9M | $375K | 2 | 31 |
| FY2019 | 2 | — | — | 0 | 10 |
| FY2018 | 4 | $886K | $222K | 0 | 14 |
| FY2017 | 6 | $2.3M | $376K | 0 | 38 |
| FY2016 | 2 | — | — | 0 | 4 |
SBA's franchise field lists the brand as "METAL SUPERMARKETS"; "Metal Supermarkets". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Metal Supermarkets | All SBA loans |
|---|---|---|
| Approvals in these years | 40 | 725,496 |
| Cancelled or never disbursed | 3 | 91,827 |
| Disbursed loans | 37 | 633,669 |
| Paid in full | 22 | 471,304 |
| Charged off | 5 | 37,796 |
| Still outstanding (status exempt from disclosure) | 10 | 124,569 |
| Charged off, share of disbursed loans | 13.5% | 6.0% |
| Dollars charged off, share of disbursed dollars | 3.9% | 2.2% |
| Dollars charged off | $395K | $6.20bn |
Lenders
| # | Lender, FY2021–FY2025 | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | TD Bank, National AssociationWilmington, DE | 3 | $1.0M | 10.0% | |
| 2 | Horizon BankMichigan City, IN | 3 | $450K | 10.0% | |
| 3 | CIBC Bank USAChicago, IL | 2 | — | 6.7% | |
| 4 | The Huntington National BankColumbus, OH | 2 | — | 6.7% | |
| 5 | Manufacturers and Traders Trust CompanyBuffalo, NY | 2 | — | 6.7% | |
| 6 | Webster Bank National AssociationWaterbury, CT | 2 | — | 6.7% | |
| 7 | KeyBank National AssociationCleveland, OH | 2 | — | 6.7% | |
| 8 | Great Plains National BankElk City, OK | 2 | — | 6.7% | |
| 9 | First State Bank and TrustTonganoxie, KS | 2 | — | 6.7% | |
| 10 | Capital One National AssociationMcLean, VA | 1 | — | 3.3% | |
| 11 | Citizens State Bank of New CastleNew Castle, IN | 1 | — | 3.3% | |
| 12 | Celtic Bank CorporationSalt Lake City, UT | 1 | — | 3.3% | |
| 13 | BankUnited, National AssociationMiami Lakes, FL | 1 | — | 3.3% | |
| 14 | Readycap Lending, LLCBerkeley Heights, NJ | 1 | — | 3.3% | |
| 15 | Bank of America, National AssociationCharlotte, NC | 1 | — | 3.3% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | Indiana | 4 | 13.3% | |
| 2 | Connecticut | 4 | 13.3% | |
| 3 | Florida | 3 | 10.0% | |
| 4 | Texas | 3 | 10.0% | |
| 5 | North Carolina | 2 | 6.7% | |
| 6 | Alabama | 2 | 6.7% | |
| 7 | Washington | 2 | 6.7% | |
| 8 | Oklahoma | 2 | 6.7% | |
| 9 | Kansas | 2 | 6.7% | |
| 10 | Illinois | 1 | 3.3% | |
| 11 | California | 1 | 3.3% | |
| 12 | Rhode Island | 1 | 3.3% | |
| 13 | Tennessee | 1 | 3.3% | |
| 14 | New Jersey | 1 | 3.3% | |
| 15 | Oregon | 1 | 3.3% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Metal and Mineral (except Petroleum) Merchant WholesalersNAICS 4235 | 24 | 80.0% | |
| 2 | Building Material and Supplies DealersNAICS 4441 | 2 | 6.7% | |
| 3 | Other Miscellaneous Store RetailersNAICS 4539 | 2 | 6.7% | |
| 4 | Other Personal ServicesNAICS 8129 | 1 | 3.3% | |
| 5 | Miscellaneous Durable Goods Merchant WholesalersNAICS 4239 | 1 | 3.3% |
Approval sizes
- $50,000 or less30.0%9
- $50,001 to $150,00016.7%5
- $150,001 to $350,00023.3%7
- $350,001 to $1 million20.0%6
- $1 million to $2 million10.0%3
Age of the businesses
- Existing, more than 2 years old10.0%3
- New business, 2 years or less30.0%9
- Startup, loan funds will open the business56.7%17
- Change of ownership3.3%1
Questions and answers
How many SBA loans go to Metal Supermarkets franchises?
66 approvals since FY2012, worth $19.9M; 30 in FY2021 to FY2025.
Which lenders make SBA loans for Metal Supermarkets franchises?
By approvals in FY2021 to FY2025: TD Bank, National Association (3), Horizon Bank (3), CIBC Bank USA (2), The Huntington National Bank (2), Manufacturers and Traders Trust Company (2).
How large is a typical SBA loan for a Metal Supermarkets franchise?
The average approval in FY2021 to FY2025 was $353K.
What share of Metal Supermarkets SBA loans are charged off?
Of 37 disbursed loans approved in FY2010 to FY2021, 5 (13.5%) are recorded as charged off; for all SBA loans from those years the figure is 6.0%.
Are SBA loans to Metal Supermarkets franchises rising?
Approvals in the three latest complete fiscal years total 17, against 18 in the three before: broadly level (-6%).
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