Franchise brands › Naturals2Go
Franchise brand311 approvals since FY2015
SBA loans to Naturals2Go 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 FY2015, 311 SBA loan approvals worth $40.0M carry the Naturals2Go franchise code, 216 of them in FY2021 to FY2025.
In FY2025 there were 68, up 58% on FY2024. The average approval in the five-year window was $130K.
9 lenders made the FY2021 to FY2025 loans across 40 states; the most active were United Midwest Savings Bank National Association (199), The Huntington National Bank (6) and Stearns Bank National Association (5).
Of loans approved in FY2010 to FY2021 and disbursed, SBA records 10.6% 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* | 37 | $5.1M | $138K | 0 | 83 |
| FY2025 | 68 | $8.6M | $127K | 0 | 158 |
| FY2024 | 43 | $6.0M | $139K | 0 | 97 |
| FY2023 | 50 | $6.4M | $128K | 0 | 119 |
| FY2022 | 22 | $2.8M | $128K | 0 | 54 |
| FY2021 | 33 | $4.3M | $130K | 0 | 71 |
| FY2020 | 17 | $2.1M | $126K | 0 | 43 |
| FY2019 | 9 | $933K | $104K | 0 | 20 |
| FY2018 | 18 | $2.0M | $108K | 0 | 33 |
| FY2017 | 7 | $975K | $139K | 0 | 24 |
| FY2016 | 6 | $765K | $128K | 0 | 23 |
SBA's franchise field lists the brand as "Naturals2Go". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Naturals2Go | All SBA loans |
|---|---|---|
| Approvals in these years | 91 | 725,496 |
| Cancelled or never disbursed | 6 | 91,827 |
| Disbursed loans | 85 | 633,669 |
| Paid in full | 44 | 471,304 |
| Charged off | 9 | 37,796 |
| Still outstanding (status exempt from disclosure) | 32 | 124,569 |
| Charged off, share of disbursed loans | 10.6% | 6.0% |
| Dollars charged off, share of disbursed dollars | 7.2% | 2.2% |
| Dollars charged off | $745K | $6.20bn |
Lenders
| # | Lender, FY2021–FY2025 | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | United Midwest Savings Bank National AssociationDe Graff, OH | 199 | $25.9M | 92.1% | |
| 2 | The Huntington National BankColumbus, OH | 6 | $635K | 2.8% | |
| 3 | Stearns Bank National AssociationSaint Cloud, MN | 5 | $732K | 2.3% | |
| 4 | Unity National Bank of HoustonHouston, TX | 1 | — | 0.5% | |
| 5 | BancFirstOklahoma City, OK | 1 | — | 0.5% | |
| 6 | First PREMIER BankSioux Falls, SD | 1 | — | 0.5% | |
| 7 | Zions Bank, A Division ofSalt Lake City, UT | 1 | — | 0.5% | |
| 8 | Waukesha State BankWaukesha, WI | 1 | — | 0.5% | |
| 9 | The First National Bank of McGregor d/b/a TFNB Your Bank for LifeMcGregor, TX | 1 | — | 0.5% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | Texas | 39 | 18.1% | |
| 2 | California | 20 | 9.3% | |
| 3 | Florida | 14 | 6.5% | |
| 4 | Georgia | 14 | 6.5% | |
| 5 | Illinois | 8 | 3.7% | |
| 6 | New Jersey | 8 | 3.7% | |
| 7 | North Carolina | 7 | 3.2% | |
| 8 | Tennessee | 7 | 3.2% | |
| 9 | Michigan | 7 | 3.2% | |
| 10 | Virginia | 7 | 3.2% | |
| 11 | Maryland | 6 | 2.8% | |
| 12 | Colorado | 5 | 2.3% | |
| 13 | Missouri | 5 | 2.3% | |
| 14 | South Carolina | 5 | 2.3% | |
| 15 | Indiana | 5 | 2.3% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Grocery StoresNAICS 4451 | 170 | 78.7% | |
| 2 | Vending Machine OperatorsNAICS 4542 | 44 | 20.4% | |
| 3 | Restaurants and Other Eating PlacesNAICS 7225 | 2 | 0.9% |
Approval sizes
- $50,000 or less2.3%5
- $50,001 to $150,00094.9%205
- $150,001 to $350,0002.8%6
Age of the businesses
- Existing, more than 2 years old0.5%1
- New business, 2 years or less0.9%2
- Startup, loan funds will open the business98.6%213
Questions and answers
How many SBA loans go to Naturals2Go franchises?
311 approvals since FY2015, worth $40.0M; 216 in FY2021 to FY2025.
Which lenders make SBA loans for Naturals2Go franchises?
By approvals in FY2021 to FY2025: United Midwest Savings Bank National Association (199), The Huntington National Bank (6), Stearns Bank National Association (5), Unity National Bank of Houston (1), BancFirst (1).
How large is a typical SBA loan for a Naturals2Go franchise?
The average approval in FY2021 to FY2025 was $130K.
What share of Naturals2Go SBA loans are charged off?
Of 85 disbursed loans approved in FY2010 to FY2021, 9 (10.6%) are recorded as charged off; for all SBA loans from those years the figure is 6.0%.
Are SBA loans to Naturals2Go franchises rising?
Approvals in the three latest complete fiscal years total 161, against 72 in the three before: rising (+124%).
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