Franchise brands › Nurse Next Door
Franchise brand58 approvals since FY2013
SBA loans to Nurse Next Door 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 FY2013, 58 SBA loan approvals worth $9.9M carry the Nurse Next Door franchise code, 35 of them in FY2021 to FY2025.
In FY2025 there were 2. The average approval in the five-year window was $204K.
6 lenders made the FY2021 to FY2025 loans across 17 states; the most active were CDC Small Business Finance Corp. (28), The Huntington National Bank (2) and United Midwest Savings Bank National Association (2).
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* | 1 | — | — | 0 | 2 |
| FY2025 | 2 | — | — | 0 | 82 |
| FY2024 | 6 | $1.1M | $187K | 0 | 72 |
| FY2023 | 14 | $2.8M | $200K | 0 | 140 |
| FY2022 | 11 | $1.8M | $166K | 0 | 135 |
| FY2021 | 2 | — | — | 0 | 20 |
| FY2020 | 4 | $578K | $145K | 0 | 178 |
| FY2019 | 6 | $766K | $128K | 1 | 130 |
| FY2018 | 1 | — | — | 0 | 22 |
| FY2017 | 5 | $683K | $137K | 0 | 139 |
| FY2016 | 2 | — | — | 0 | 75 |
SBA's franchise field lists the brand as "NURSE NEXT DOOR"; "Nurse Next Door". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Nurse Next Door | All SBA loans |
|---|---|---|
| Approvals in these years | 24 | 725,496 |
| Cancelled or never disbursed | 3 | 91,827 |
| Disbursed loans | 21 | 633,669 |
| Paid in full | 14 | 471,304 |
| Charged off | 2 | 37,796 |
| Still outstanding (status exempt from disclosure) | 5 | 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 | CDC Small Business Finance Corp.San Diego, CA | 28 | $5.3M | 80.0% | |
| 2 | The Huntington National BankColumbus, OH | 2 | — | 5.7% | |
| 3 | United Midwest Savings Bank National AssociationDe Graff, OH | 2 | — | 5.7% | |
| 4 | Georgia Banking CompanyAtlanta, GA | 1 | — | 2.9% | |
| 5 | BayFirst National BankSaint Petersburg, FL | 1 | — | 2.9% | |
| 6 | BMO Bank National AssociationChicago, IL | 1 | — | 2.9% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | Florida | 6 | 17.1% | |
| 2 | California | 6 | 17.1% | |
| 3 | Texas | 4 | 11.4% | |
| 4 | Arizona | 2 | 5.7% | |
| 5 | Pennsylvania | 2 | 5.7% | |
| 6 | Virginia | 2 | 5.7% | |
| 7 | Indiana | 2 | 5.7% | |
| 8 | Illinois | 2 | 5.7% | |
| 9 | Utah | 1 | 2.9% | |
| 10 | Maryland | 1 | 2.9% | |
| 11 | North Carolina | 1 | 2.9% | |
| 12 | New Mexico | 1 | 2.9% | |
| 13 | South Carolina | 1 | 2.9% | |
| 14 | Colorado | 1 | 2.9% | |
| 15 | Washington | 1 | 2.9% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Home Health Care ServicesNAICS 6216 | 33 | 94.3% | |
| 2 | Office Administrative ServicesNAICS 5611 | 1 | 2.9% | |
| 3 | Individual and Family ServicesNAICS 6241 | 1 | 2.9% |
Approval sizes
- $50,000 or less2.9%1
- $50,001 to $150,00045.7%16
- $150,001 to $350,00048.6%17
- $350,001 to $1 million2.9%1
Age of the businesses
- Existing, more than 2 years old5.7%2
- New business, 2 years or less2.9%1
- Startup, loan funds will open the business88.6%31
- Change of ownership2.9%1
Questions and answers
How many SBA loans go to Nurse Next Door franchises?
58 approvals since FY2013, worth $9.9M; 35 in FY2021 to FY2025.
Which lenders make SBA loans for Nurse Next Door franchises?
By approvals in FY2021 to FY2025: CDC Small Business Finance Corp. (28), The Huntington National Bank (2), United Midwest Savings Bank National Association (2), Georgia Banking Company (1), BayFirst National Bank (1).
How large is a typical SBA loan for a Nurse Next Door franchise?
The average approval in FY2021 to FY2025 was $204K.
What share of Nurse Next Door 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 Nurse Next Door franchises rising?
Approvals in the three latest complete fiscal years total 22, against 17 in the three before: rising (+29%).
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