Franchise brands › Real Property Management
Franchise brand114 approvals since FY2015
SBA loans to Real Property Management 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, 114 SBA loan approvals worth $32.7M carry the Real Property Management franchise code, 75 of them in FY2021 to FY2025.
In FY2025 there were 12, up 20% on FY2024. The average approval in the five-year window was $300K, and 7 of the approvals were 504 loans.
25 lenders made the FY2021 to FY2025 loans across 23 states; the most active were United Midwest Savings Bank National Association (35), The Huntington National Bank (6) and First Bank of the Lake (4).
Of loans approved in FY2010 to FY2021 and disbursed, SBA records 6.3% as charged off, close to 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 | $2.2M | $317K | 0 | 31 |
| FY2025 | 12 | $4.0M | $337K | 0 | 46 |
| FY2024 | 10 | $2.3M | $232K | 2 | 74 |
| FY2023 | 20 | $7.0M | $352K | 0 | 119 |
| FY2022 | 15 | $4.4M | $294K | 2 | 64 |
| FY2021 | 18 | $4.6M | $258K | 3 | 128 |
| FY2020 | 8 | $1.1M | $143K | 0 | 25 |
| FY2019 | 9 | $3.2M | $356K | 1 | 38 |
| FY2018 | 1 | — | — | 0 | 12 |
| FY2017 | 5 | $743K | $149K | 0 | 15 |
| FY2016 | 6 | $1.2M | $193K | 0 | 31 |
SBA's franchise field lists the brand as "REAL PROPERTY MANAGEMENT"; "Real Property Management". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Real Property Management | All SBA loans |
|---|---|---|
| Approvals in these years | 50 | 725,496 |
| Cancelled or never disbursed | 2 | 91,827 |
| Disbursed loans | 48 | 633,669 |
| Paid in full | 22 | 471,304 |
| Charged off | 3 | 37,796 |
| Still outstanding (status exempt from disclosure) | 23 | 124,569 |
| Charged off, share of disbursed loans | 6.3% | 6.0% |
| Dollars charged off, share of disbursed dollars | 2.9% | 2.2% |
| Dollars charged off | $317K | $6.20bn |
Lenders
| # | Lender, FY2021–FY2025 | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | United Midwest Savings Bank National AssociationDe Graff, OH | 35 | $5.2M | 46.7% | |
| 2 | The Huntington National BankColumbus, OH | 6 | $537K | 8.0% | |
| 3 | First Bank of the LakeOsage Beach, MO | 4 | $1.3M | 5.3% | |
| 4 | Readycap Lending, LLCBerkeley Heights, NJ | 4 | $772K | 5.3% | |
| 5 | Dakota Business FinanceSioux Falls, SD · CDC | 3 | $1.7M | 4.0% | |
| 6 | MI BankBloomfield Township, MI | 3 | $1.6M | 4.0% | |
| 7 | Live Oak Banking CompanyWilmington, NC | 2 | — | 2.7% | |
| 8 | Celtic Bank CorporationSalt Lake City, UT | 1 | — | 1.3% | |
| 9 | Enterprise Bank & TrustClayton, MO | 1 | — | 1.3% | |
| 10 | American Business BankAnaheim, CA | 1 | — | 1.3% | |
| 11 | First Internet Bank of IndianaFishers, IN | 1 | — | 1.3% | |
| 12 | Bank of HopeLos Angeles, CA | 1 | — | 1.3% | |
| 13 | KeyBank National AssociationCleveland, OH | 1 | — | 1.3% | |
| 14 | Northwest Business Development AssociationSpokane Valley, WA · CDC | 1 | — | 1.3% | |
| 15 | 504 Capital CorporationChesapeake, VA · CDC | 1 | — | 1.3% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | California | 10 | 13.3% | |
| 2 | Texas | 8 | 10.7% | |
| 3 | Florida | 8 | 10.7% | |
| 4 | Washington | 5 | 6.7% | |
| 5 | Indiana | 5 | 6.7% | |
| 6 | Michigan | 4 | 5.3% | |
| 7 | Georgia | 4 | 5.3% | |
| 8 | Virginia | 3 | 4.0% | |
| 9 | Minnesota | 3 | 4.0% | |
| 10 | North Carolina | 3 | 4.0% | |
| 11 | Massachusetts | 3 | 4.0% | |
| 12 | Oklahoma | 2 | 2.7% | |
| 13 | South Dakota | 2 | 2.7% | |
| 14 | Illinois | 2 | 2.7% | |
| 15 | Ohio | 2 | 2.7% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Activities Related to Real EstateNAICS 5313 | 73 | 97.3% | |
| 2 | Offices of Real Estate Agents and BrokersNAICS 5312 | 2 | 2.7% |
Approval sizes
- $50,000 or less4.0%3
- $50,001 to $150,00058.7%44
- $150,001 to $350,00022.7%17
- $350,001 to $1 million9.3%7
- $1 million to $2 million5.3%4
Age of the businesses
- Existing, more than 2 years old17.3%13
- New business, 2 years or less8.0%6
- Startup, loan funds will open the business69.3%52
- Change of ownership5.3%4
Questions and answers
How many SBA loans go to Real Property Management franchises?
114 approvals since FY2015, worth $32.7M; 75 in FY2021 to FY2025.
Which lenders make SBA loans for Real Property Management franchises?
By approvals in FY2021 to FY2025: United Midwest Savings Bank National Association (35), The Huntington National Bank (6), First Bank of the Lake (4), Readycap Lending, LLC (4), Dakota Business Finance (3).
How large is a typical SBA loan for a Real Property Management franchise?
The average approval in FY2021 to FY2025 was $300K.
What share of Real Property Management SBA loans are charged off?
Of 48 disbursed loans approved in FY2010 to FY2021, 3 (6.3%) are recorded as charged off; for all SBA loans from those years the figure is 6.0%.
Are SBA loans to Real Property Management franchises rising?
Approvals in the three latest complete fiscal years total 42, against 41 in the three before: broadly level (+2%).
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