Franchise brands › Pet Supplies Plus
Franchise brand230 approvals since FY2014
SBA loans to Pet Supplies 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 FY2014, 230 SBA loan approvals worth $196M carry the Pet Supplies Plus franchise code, 142 of them in FY2021 to FY2025.
In FY2025 there were 23, up 15% on FY2024. The average approval in the five-year window was $893K.
25 lenders made the FY2021 to FY2025 loans across 33 states; the most active were The Huntington National Bank (48), First Bank of the Lake (10) and Customers Bank (10).
Of loans approved in FY2010 to FY2021 and disbursed, SBA records 3.7% as charged off, below 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* | 7 | $9.8M | $1.4M | 0 | 138 |
| FY2025 | 23 | $22.7M | $987K | 0 | 297 |
| FY2024 | 20 | $14.3M | $716K | 0 | 376 |
| FY2023 | 26 | $25.1M | $965K | 0 | 428 |
| FY2022 | 29 | $24.5M | $843K | 0 | 576 |
| FY2021 | 44 | $40.2M | $914K | 0 | 915 |
| FY2020 | 13 | $11.9M | $916K | 0 | 256 |
| FY2019 | 13 | $10.0M | $772K | 0 | 210 |
| FY2018 | 12 | $7.8M | $651K | 0 | 244 |
| FY2017 | 18 | $12.0M | $668K | 1 | 336 |
| FY2016 | 14 | $7.9M | $564K | 0 | 221 |
SBA's franchise field lists the brand as "PET SUPPLIES PLUS"; "Pet Supplies Plus". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Pet Supplies Plus | All SBA loans |
|---|---|---|
| Approvals in these years | 125 | 725,496 |
| Cancelled or never disbursed | 17 | 91,827 |
| Disbursed loans | 108 | 633,669 |
| Paid in full | 61 | 471,304 |
| Charged off | 4 | 37,796 |
| Still outstanding (status exempt from disclosure) | 43 | 124,569 |
| Charged off, share of disbursed loans | 3.7% | 6.0% |
| Dollars charged off, share of disbursed dollars | 1.9% | 2.2% |
| Dollars charged off | $1.7M | $6.20bn |
Lenders
| # | Lender, FY2021–FY2025 | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | The Huntington National BankColumbus, OH | 48 | $45.2M | 33.8% | |
| 2 | First Bank of the LakeOsage Beach, MO | 10 | $9.7M | 7.0% | |
| 3 | Customers BankMalvern, PA | 10 | $7.9M | 7.0% | |
| 4 | TD Bank, National AssociationWilmington, DE | 9 | $4.8M | 6.3% | |
| 5 | ConnectOne BankEnglewood Cliffs, NJ | 5 | $4.0M | 3.5% | |
| 6 | Live Oak Banking CompanyWilmington, NC | 4 | $5.8M | 2.8% | |
| 7 | Bank of America, National AssociationCharlotte, NC | 4 | $4.2M | 2.8% | |
| 8 | KeyBank National AssociationCleveland, OH | 4 | $2.9M | 2.8% | |
| 9 | TowneBankPortsmouth, VA | 3 | $3.6M | 2.1% | |
| 10 | Legence BankEldorado, IL | 3 | $3.6M | 2.1% | |
| 11 | Bank of Oak RidgeOak Ridge, NC | 3 | $3.0M | 2.1% | |
| 12 | The Bancorp Bank National AssociationSioux Falls, SD | 3 | $2.6M | 2.1% | |
| 13 | BankVistaSartell, MN | 3 | $1.5M | 2.1% | |
| 14 | United Community BankGreenville, SC | 2 | — | 1.4% | |
| 15 | Old National BankEvansville, IN | 2 | — | 1.4% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | Texas | 22 | 15.5% | |
| 2 | Florida | 16 | 11.3% | |
| 3 | Ohio | 11 | 7.7% | |
| 4 | North Carolina | 10 | 7.0% | |
| 5 | California | 6 | 4.2% | |
| 6 | Virginia | 6 | 4.2% | |
| 7 | Missouri | 5 | 3.5% | |
| 8 | Pennsylvania | 5 | 3.5% | |
| 9 | Massachusetts | 4 | 2.8% | |
| 10 | Arizona | 4 | 2.8% | |
| 11 | South Carolina | 4 | 2.8% | |
| 12 | New Jersey | 4 | 2.8% | |
| 13 | Colorado | 3 | 2.1% | |
| 14 | Georgia | 3 | 2.1% | |
| 15 | Tennessee | 3 | 2.1% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Other Miscellaneous RetailersNAICS 4599 | 72 | 50.7% | |
| 2 | Other Miscellaneous Store RetailersNAICS 4539 | 67 | 47.2% | |
| 3 | Specialty Food StoresNAICS 4452 | 2 | 1.4% | |
| 4 | Miscellaneous Nondurable Goods Merchant WholesalersNAICS 4249 | 1 | 0.7% |
Approval sizes
- $50,000 or less2.1%3
- $50,001 to $150,0009.2%13
- $150,001 to $350,0007.7%11
- $350,001 to $1 million42.3%60
- $1 million to $2 million37.3%53
- Over $2 million1.4%2
Age of the businesses
- Existing, more than 2 years old8.5%12
- New business, 2 years or less8.5%12
- Startup, loan funds will open the business78.9%112
- Change of ownership4.2%6
Questions and answers
How many SBA loans go to Pet Supplies Plus franchises?
230 approvals since FY2014, worth $196M; 142 in FY2021 to FY2025.
Which lenders make SBA loans for Pet Supplies Plus franchises?
By approvals in FY2021 to FY2025: The Huntington National Bank (48), First Bank of the Lake (10), Customers Bank (10), TD Bank, National Association (9), ConnectOne Bank (5).
How large is a typical SBA loan for a Pet Supplies Plus franchise?
The average approval in FY2021 to FY2025 was $893K.
What share of Pet Supplies Plus SBA loans are charged off?
Of 108 disbursed loans approved in FY2010 to FY2021, 4 (3.7%) are recorded as charged off; for all SBA loans from those years the figure is 6.0%.
Are SBA loans to Pet Supplies Plus franchises rising?
Approvals in the three latest complete fiscal years total 69, against 86 in the three before: falling (-20%).
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