Franchise brands › Monster Tree Service
Franchise brand97 approvals since FY2016
SBA loans to Monster Tree Service 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 97 loan approvals since FY2016 under the Monster Tree Service franchise brand, worth $43.5M; 43 of them came in FY2021 to FY2025.
In FY2025 there were 5. The average approval in the five-year window was $502K.
22 lenders made the FY2021 to FY2025 loans across 21 states; the most active were The Huntington National Bank (9), TD Bank, National Association (5) and First Bank of the Lake (4).
Of loans approved in FY2010 to FY2021 and disbursed, SBA records 8.6% 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* | 2 | — | — | 0 | 12 |
| FY2025 | 5 | $3.9M | $779K | 0 | 36 |
| FY2024 | 7 | $1.6M | $227K | 0 | 40 |
| FY2023 | 2 | — | — | 0 | 36 |
| FY2022 | 5 | $2.9M | $586K | 0 | 44 |
| FY2021 | 24 | $11.1M | $464K | 0 | 164 |
| FY2020 | 18 | $7.0M | $386K | 0 | 106 |
| FY2019 | 23 | $9.5M | $415K | 0 | 190 |
| FY2018 | 9 | $3.7M | $406K | 1 | 53 |
| FY2017 | 1 | — | — | 0 | 15 |
| FY2016 | 1 | — | — | 0 | 6 |
SBA's franchise field lists the brand as "Monster Tree Service". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Monster Tree Service | All SBA loans |
|---|---|---|
| Approvals in these years | 76 | 725,496 |
| Cancelled or never disbursed | 6 | 91,827 |
| Disbursed loans | 70 | 633,669 |
| Paid in full | 46 | 471,304 |
| Charged off | 6 | 37,796 |
| Still outstanding (status exempt from disclosure) | 18 | 124,569 |
| Charged off, share of disbursed loans | 8.6% | 6.0% |
| Dollars charged off, share of disbursed dollars | 3.1% | 2.2% |
| Dollars charged off | $919K | $6.20bn |
Lenders
| # | Lender, FY2021–FY2025 | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | The Huntington National BankColumbus, OH | 9 | $2.2M | 20.9% | |
| 2 | TD Bank, National AssociationWilmington, DE | 5 | $2.8M | 11.6% | |
| 3 | First Bank of the LakeOsage Beach, MO | 4 | $1.8M | 9.3% | |
| 4 | Northwest BankWarren, PA | 3 | $3.0M | 7.0% | |
| 5 | Ameris BankAtlanta, GA | 3 | $2.1M | 7.0% | |
| 6 | TowneBankPortsmouth, VA | 2 | — | 4.7% | |
| 7 | 1st Source BankSouth Bend, IN | 2 | — | 4.7% | |
| 8 | Citizens BankElizabethton, TN | 1 | — | 2.3% | |
| 9 | Byline BankChicago, IL | 1 | — | 2.3% | |
| 10 | First Internet Bank of IndianaFishers, IN | 1 | — | 2.3% | |
| 11 | SouthState Bank, National AssociationWinter Haven, FL | 1 | — | 2.3% | |
| 12 | DFCU FinancialDearborn, MI | 1 | — | 2.3% | |
| 13 | Beacon Bank and TrustBrookline, MA | 1 | — | 2.3% | |
| 14 | Stock Yards Bank & Trust CompanyLouisville, KY | 1 | — | 2.3% | |
| 15 | Merchants Bank of IndianaCarmel, IN | 1 | — | 2.3% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | Pennsylvania | 8 | 18.6% | |
| 2 | Texas | 5 | 11.6% | |
| 3 | New Jersey | 4 | 9.3% | |
| 4 | Michigan | 3 | 7.0% | |
| 5 | Indiana | 3 | 7.0% | |
| 6 | Massachusetts | 2 | 4.7% | |
| 7 | New York | 2 | 4.7% | |
| 8 | Missouri | 2 | 4.7% | |
| 9 | Alabama | 2 | 4.7% | |
| 10 | Florida | 1 | 2.3% | |
| 11 | California | 1 | 2.3% | |
| 12 | Illinois | 1 | 2.3% | |
| 13 | Oklahoma | 1 | 2.3% | |
| 14 | Kansas | 1 | 2.3% | |
| 15 | South Carolina | 1 | 2.3% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Services to Buildings and DwellingsNAICS 5617 | 42 | 97.7% | |
| 2 | Support Activities for ForestryNAICS 1153 | 1 | 2.3% |
Approval sizes
- $50,000 or less11.6%5
- $50,001 to $150,0009.3%4
- $150,001 to $350,0009.3%4
- $350,001 to $1 million62.8%27
- $1 million to $2 million7.0%3
Age of the businesses
- Existing, more than 2 years old7.0%3
- New business, 2 years or less32.6%14
- Startup, loan funds will open the business53.5%23
- Change of ownership7.0%3
Questions and answers
How many SBA loans go to Monster Tree Service franchises?
97 approvals since FY2016, worth $43.5M; 43 in FY2021 to FY2025.
Which lenders make SBA loans for Monster Tree Service franchises?
By approvals in FY2021 to FY2025: The Huntington National Bank (9), TD Bank, National Association (5), First Bank of the Lake (4), Northwest Bank (3), Ameris Bank (3).
How large is a typical SBA loan for a Monster Tree Service franchise?
The average approval in FY2021 to FY2025 was $502K.
What share of Monster Tree Service SBA loans are charged off?
Of 70 disbursed loans approved in FY2010 to FY2021, 6 (8.6%) are recorded as charged off; for all SBA loans from those years the figure is 6.0%.
Are SBA loans to Monster Tree Service franchises rising?
Approvals in the three latest complete fiscal years total 14, against 47 in the three before: falling (-70%).
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