Franchise brands › Pure Green
Franchise brand56 approvals since FY2022
SBA loans to Pure Green 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 FY2022, 56 SBA loan approvals worth $21.7M carry the Pure Green franchise code, 41 of them in FY2021 to FY2025.
In FY2025 there were 10. The average approval in the five-year window was $388K.
13 lenders made the FY2021 to FY2025 loans across 18 states; the most active were Quaint Oak Bank (24), The Huntington National Bank (4) and Village Bank and Trust, 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* | 15 | $5.8M | $388K | 0 | 74 |
| FY2025 | 10 | $5.0M | $501K | 0 | 102 |
| FY2024 | 8 | $3.0M | $370K | 0 | 63 |
| FY2023 | 18 | $6.8M | $376K | 0 | 176 |
| FY2022 | 5 | $1.2M | $232K | 0 | 51 |
| FY2021 | 0 | — | — | 0 | 0 |
| FY2020 | 0 | — | — | 0 | 0 |
| FY2019 | 0 | — | — | 0 | 0 |
| FY2018 | 0 | — | — | 0 | 0 |
| FY2017 | 0 | — | — | 0 | 0 |
| FY2016 | 0 | — | — | 0 | 0 |
SBA's franchise field lists the brand as "Pure Green". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Pure Green | All SBA loans |
|---|---|---|
| Approvals in these years | 0 | 725,496 |
| Cancelled or never disbursed | 0 | 91,827 |
| Disbursed loans | 0 | 633,669 |
| Paid in full | 0 | 471,304 |
| Charged off | 0 | 37,796 |
| Still outstanding (status exempt from disclosure) | 0 | 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 | Quaint Oak BankSouthampton, PA | 24 | $10.6M | 58.5% | |
| 2 | The Huntington National BankColumbus, OH | 4 | $695K | 9.8% | |
| 3 | Village Bank and Trust, National AssociationArlington Heights, IL | 2 | — | 4.9% | |
| 4 | North State BankRaleigh, NC | 2 | — | 4.9% | |
| 5 | Wilmington Savings Fund Society FSBWilmington, DE | 1 | — | 2.4% | |
| 6 | Banner BankWalla Walla, WA | 1 | — | 2.4% | |
| 7 | McCoy FCUOrlando, FL | 1 | — | 2.4% | |
| 8 | TowneBankPortsmouth, VA | 1 | — | 2.4% | |
| 9 | Mechanics and Farmers BankDurham, NC | 1 | — | 2.4% | |
| 10 | BayFirst National BankSaint Petersburg, FL | 1 | — | 2.4% | |
| 11 | Valley National BankPassaic, NJ | 1 | — | 2.4% | |
| 12 | Industrial BankWashington, DC | 1 | — | 2.4% | |
| 13 | Newtek Small Business Finance, Inc.Lake Success, NY | 1 | — | 2.4% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | Florida | 5 | 12.2% | |
| 2 | Texas | 4 | 9.8% | |
| 3 | California | 4 | 9.8% | |
| 4 | Pennsylvania | 4 | 9.8% | |
| 5 | Illinois | 4 | 9.8% | |
| 6 | North Carolina | 3 | 7.3% | |
| 7 | Maryland | 3 | 7.3% | |
| 8 | Tennessee | 2 | 4.9% | |
| 9 | Nevada | 2 | 4.9% | |
| 10 | Virginia | 2 | 4.9% | |
| 11 | New Jersey | 1 | 2.4% | |
| 12 | Ohio | 1 | 2.4% | |
| 13 | Oregon | 1 | 2.4% | |
| 14 | Minnesota | 1 | 2.4% | |
| 15 | Georgia | 1 | 2.4% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 40 | 97.6% | |
| 2 | Lessors of Real EstateNAICS 5311 | 1 | 2.4% |
Approval sizes
- $50,000 or less7.3%3
- $50,001 to $150,0002.4%1
- $150,001 to $350,00024.4%10
- $350,001 to $1 million65.9%27
Age of the businesses
- Existing, more than 2 years old2.4%1
- New business, 2 years or less12.2%5
- Startup, loan funds will open the business85.4%35
Questions and answers
How many SBA loans go to Pure Green franchises?
56 approvals since FY2022, worth $21.7M; 41 in FY2021 to FY2025.
Which lenders make SBA loans for Pure Green franchises?
By approvals in FY2021 to FY2025: Quaint Oak Bank (24), The Huntington National Bank (4), Village Bank and Trust, National Association (2), North State Bank (2), Wilmington Savings Fund Society FSB (1).
How large is a typical SBA loan for a Pure Green franchise?
The average approval in FY2021 to FY2025 was $388K.
What share of Pure Green 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 Pure Green franchises rising?
Volumes are too small to compare periods.
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