Franchise brands › Mobility Plus
Franchise brand52 approvals since FY2020
SBA loans to Mobility Plus 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 FY2020, 52 SBA loan approvals worth $8.1M carry the Mobility Plus franchise code, 47 of them in FY2021 to FY2025.
In FY2025 there were 12, down 8% on FY2024. The average approval in the five-year window was $157K, and 1 of the approvals were 504 loans.
10 lenders made the FY2021 to FY2025 loans across 18 states; the most active were The Huntington National Bank (18), United Midwest Savings Bank National Association (16) and Bank Five Nine (4).
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* | 0 | — | — | 0 | 0 |
| FY2025 | 12 | $1.8M | $150K | 0 | 72 |
| FY2024 | 13 | $2.5M | $195K | 0 | 61 |
| FY2023 | 2 | — | — | 0 | 3 |
| FY2022 | 6 | $890K | $148K | 0 | 18 |
| FY2021 | 14 | $2.0M | $141K | 1 | 52 |
| FY2020 | 5 | $730K | $146K | 0 | 20 |
| FY2019 | 0 | — | — | 0 | 0 |
| FY2018 | 0 | — | — | 0 | 0 |
| FY2017 | 0 | — | — | 0 | 0 |
| FY2016 | 0 | — | — | 0 | 0 |
SBA's franchise field lists the brand as "Mobility Plus". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Mobility Plus | All SBA loans |
|---|---|---|
| Approvals in these years | 19 | 725,496 |
| Cancelled or never disbursed | 0 | 91,827 |
| Disbursed loans | 19 | 633,669 |
| Paid in full | 1 | 471,304 |
| Charged off | 3 | 37,796 |
| Still outstanding (status exempt from disclosure) | 15 | 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 | 18 | $2.7M | 38.3% | |
| 2 | United Midwest Savings Bank National AssociationDe Graff, OH | 16 | $2.4M | 34.0% | |
| 3 | Bank Five NineOconomowoc, WI | 4 | $817K | 8.5% | |
| 4 | Hyperion BankPhiladelphia, PA | 2 | — | 4.3% | |
| 5 | BayFirst National BankSaint Petersburg, FL | 2 | — | 4.3% | |
| 6 | First Internet Bank of IndianaFishers, IN | 1 | — | 2.1% | |
| 7 | Integro BankPhoenix, AZ | 1 | — | 2.1% | |
| 8 | Georgia's Own Credit UnionAtlanta, GA | 1 | — | 2.1% | |
| 9 | Fountainhead SBF LLCOrlando, FL | 1 | — | 2.1% | |
| 10 | Louisiana Capital Certified Development Company, Inc.Lafayette, LA · CDC | 1 | — | 2.1% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | Georgia | 11 | 23.4% | |
| 2 | Ohio | 5 | 10.6% | |
| 3 | South Carolina | 4 | 8.5% | |
| 4 | Arizona | 4 | 8.5% | |
| 5 | Texas | 4 | 8.5% | |
| 6 | Michigan | 2 | 4.3% | |
| 7 | Mississippi | 2 | 4.3% | |
| 8 | Alabama | 2 | 4.3% | |
| 9 | Florida | 2 | 4.3% | |
| 10 | Colorado | 2 | 4.3% | |
| 11 | Louisiana | 2 | 4.3% | |
| 12 | Missouri | 1 | 2.1% | |
| 13 | North Carolina | 1 | 2.1% | |
| 14 | Idaho | 1 | 2.1% | |
| 15 | Indiana | 1 | 2.1% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Health and Personal Care RetailersNAICS 4561 | 25 | 53.2% | |
| 2 | Health and Personal Care StoresNAICS 4461 | 14 | 29.8% | |
| 3 | Professional and Commercial Equipment and Supplies Merchant WholesalersNAICS 4234 | 5 | 10.6% | |
| 4 | Warehouse Clubs, Supercenters, and Other General Merchandise RetailersNAICS 4552 | 2 | 4.3% | |
| 5 | Consumer Goods RentalNAICS 5322 | 1 | 2.1% |
Approval sizes
- $50,000 or less10.6%5
- $50,001 to $150,00061.7%29
- $150,001 to $350,00025.5%12
- $350,001 to $1 million2.1%1
Age of the businesses
- Existing, more than 2 years old14.9%7
- New business, 2 years or less6.4%3
- Startup, loan funds will open the business76.6%36
- Change of ownership2.1%1
Questions and answers
How many SBA loans go to Mobility Plus franchises?
52 approvals since FY2020, worth $8.1M; 47 in FY2021 to FY2025.
Which lenders make SBA loans for Mobility Plus franchises?
By approvals in FY2021 to FY2025: The Huntington National Bank (18), United Midwest Savings Bank National Association (16), Bank Five Nine (4), Hyperion Bank (2), BayFirst National Bank (2).
How large is a typical SBA loan for a Mobility Plus franchise?
The average approval in FY2021 to FY2025 was $157K.
What share of Mobility Plus 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 Mobility Plus franchises rising?
Approvals in the three latest complete fiscal years total 27, against 25 in the three before: broadly level (+8%).
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