Franchise brands › Rainbow Restoration
Franchise brand135 approvals since FY2011
SBA loans to Rainbow Restoration 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 135 loan approvals since FY2011 under the Rainbow Restoration franchise brand, worth $39.9M; 70 of them came in FY2021 to FY2025.
In FY2025 there were 7, down 59% on FY2024. The average approval in the five-year window was $263K, and 2 of the approvals were 504 loans.
16 lenders made the FY2021 to FY2025 loans across 27 states; the most active were United Midwest Savings Bank National Association (41), Live Oak Banking Company (10) and The Huntington National Bank (6).
Of loans approved in FY2010 to FY2021 and disbursed, SBA records 19.2% 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* | 3 | $1.2M | $410K | 1 | 24 |
| FY2025 | 7 | $2.2M | $315K | 1 | 34 |
| FY2024 | 17 | $4.5M | $267K | 0 | 71 |
| FY2023 | 9 | $3.2M | $351K | 0 | 78 |
| FY2022 | 15 | $2.7M | $178K | 0 | 149 |
| FY2021 | 22 | $5.9M | $266K | 1 | 159 |
| FY2020 | 20 | $4.5M | $224K | 0 | 124 |
| FY2019 | 26 | $7.6M | $292K | 1 | 133 |
| FY2018 | 13 | $2.8M | $217K | 0 | 55 |
| FY2017 | 2 | — | — | 1 | 54 |
| FY2016 | 0 | — | — | 0 | 0 |
SBA's franchise field lists the brand as "Rainbow Restoration". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Rainbow Restoration | All SBA loans |
|---|---|---|
| Approvals in these years | 84 | 725,496 |
| Cancelled or never disbursed | 6 | 91,827 |
| Disbursed loans | 78 | 633,669 |
| Paid in full | 24 | 471,304 |
| Charged off | 15 | 37,796 |
| Still outstanding (status exempt from disclosure) | 39 | 124,569 |
| Charged off, share of disbursed loans | 19.2% | 6.0% |
| Dollars charged off, share of disbursed dollars | 12.4% | 2.2% |
| Dollars charged off | $3.1M | $6.20bn |
Lenders
| # | Lender, FY2021–FY2025 | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | United Midwest Savings Bank National AssociationDe Graff, OH | 41 | $8.7M | 58.6% | |
| 2 | Live Oak Banking CompanyWilmington, NC | 10 | $2.6M | 14.3% | |
| 3 | The Huntington National BankColumbus, OH | 6 | $870K | 8.6% | |
| 4 | Capital Bank, National AssociationRockville, MD | 1 | — | 1.4% | |
| 5 | First Merchants BankIndianapolis, IN | 1 | — | 1.4% | |
| 6 | SomerCor 504, Inc.Chicago, IL · CDC | 1 | — | 1.4% | |
| 7 | Columbia BankLake Oswego, OR | 1 | — | 1.4% | |
| 8 | Enterprise Bank & TrustClayton, MO | 1 | — | 1.4% | |
| 9 | The First National Bank in Sioux FallsSioux Falls, SD | 1 | — | 1.4% | |
| 10 | Capital Access Group, Inc.San Francisco, CA · CDC | 1 | — | 1.4% | |
| 11 | United Bank of UnionUnion, MO | 1 | — | 1.4% | |
| 12 | Bank of the WestGrapevine, TX | 1 | — | 1.4% | |
| 13 | Lake City BankWarsaw, IN | 1 | — | 1.4% | |
| 14 | BayFirst National BankSaint Petersburg, FL | 1 | — | 1.4% | |
| 15 | Central Pacific BankHonolulu, HI | 1 | — | 1.4% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | California | 13 | 18.6% | |
| 2 | Texas | 10 | 14.3% | |
| 3 | Virginia | 6 | 8.6% | |
| 4 | North Carolina | 4 | 5.7% | |
| 5 | Arizona | 3 | 4.3% | |
| 6 | Alabama | 3 | 4.3% | |
| 7 | Florida | 3 | 4.3% | |
| 8 | Louisiana | 2 | 2.9% | |
| 9 | Indiana | 2 | 2.9% | |
| 10 | Kentucky | 2 | 2.9% | |
| 11 | New Jersey | 2 | 2.9% | |
| 12 | Colorado | 2 | 2.9% | |
| 13 | West Virginia | 2 | 2.9% | |
| 14 | Idaho | 2 | 2.9% | |
| 15 | Pennsylvania | 2 | 2.9% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Residential Building ConstructionNAICS 2361 | 28 | 40.0% | |
| 2 | Remediation and Other Waste Management ServicesNAICS 5629 | 24 | 34.3% | |
| 3 | Other Specialty Trade ContractorsNAICS 2389 | 6 | 8.6% | |
| 4 | Personal and Household Goods Repair and MaintenanceNAICS 8114 | 3 | 4.3% | |
| 5 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 2 | 2.9% |
Approval sizes
- $50,000 or less5.7%4
- $50,001 to $150,00041.4%29
- $150,001 to $350,00040.0%28
- $350,001 to $1 million10.0%7
- $1 million to $2 million2.9%2
Age of the businesses
- Existing, more than 2 years old20.0%14
- New business, 2 years or less2.9%2
- Startup, loan funds will open the business62.9%44
- Change of ownership14.3%10
Questions and answers
How many SBA loans go to Rainbow Restoration franchises?
135 approvals since FY2011, worth $39.9M; 70 in FY2021 to FY2025.
Which lenders make SBA loans for Rainbow Restoration franchises?
By approvals in FY2021 to FY2025: United Midwest Savings Bank National Association (41), Live Oak Banking Company (10), The Huntington National Bank (6), Capital Bank, National Association (1), First Merchants Bank (1).
How large is a typical SBA loan for a Rainbow Restoration franchise?
The average approval in FY2021 to FY2025 was $263K.
What share of Rainbow Restoration SBA loans are charged off?
Of 78 disbursed loans approved in FY2010 to FY2021, 15 (19.2%) are recorded as charged off; for all SBA loans from those years the figure is 6.0%.
Are SBA loans to Rainbow Restoration franchises rising?
Approvals in the three latest complete fiscal years total 33, against 57 in the three before: falling (-42%).
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