Franchise brands › Restoration 1
Franchise brand94 approvals since FY2018
SBA loans to Restoration 1 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 FY2018, 94 SBA loan approvals worth $23.8M carry the Restoration 1 franchise code, 50 of them in FY2021 to FY2025.
In FY2025 there were 5, down 55% on FY2024. The average approval in the five-year window was $332K, and 2 of the approvals were 504 loans.
20 lenders made the FY2021 to FY2025 loans across 20 states; the most active were United Midwest Savings Bank National Association (12), The Huntington National Bank (10) and Readycap Lending, LLC (4).
Of loans approved in FY2010 to FY2021 and disbursed, SBA records 8.2% 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* | 7 | $1.8M | $254K | 1 | 22 |
| FY2025 | 5 | $1.4M | $283K | 0 | 19 |
| FY2024 | 11 | $5.5M | $498K | 0 | 56 |
| FY2023 | 9 | $1.3M | $143K | 0 | 81 |
| FY2022 | 10 | $3.3M | $333K | 1 | 43 |
| FY2021 | 15 | $5.1M | $340K | 1 | 142 |
| FY2020 | 10 | $2.0M | $203K | 0 | 72 |
| FY2019 | 12 | $1.7M | $143K | 0 | 72 |
| FY2018 | 15 | $1.7M | $112K | 0 | 68 |
| FY2017 | 0 | — | — | 0 | 0 |
| FY2016 | 0 | — | — | 0 | 0 |
SBA's franchise field lists the brand as "Restoration 1". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Restoration 1 | All SBA loans |
|---|---|---|
| Approvals in these years | 52 | 725,496 |
| Cancelled or never disbursed | 3 | 91,827 |
| Disbursed loans | 49 | 633,669 |
| Paid in full | 30 | 471,304 |
| Charged off | 4 | 37,796 |
| Still outstanding (status exempt from disclosure) | 15 | 124,569 |
| Charged off, share of disbursed loans | 8.2% | 6.0% |
| Dollars charged off, share of disbursed dollars | 4.0% | 2.2% |
| Dollars charged off | $408K | $6.20bn |
Lenders
| # | Lender, FY2021–FY2025 | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | United Midwest Savings Bank National AssociationDe Graff, OH | 12 | $2.2M | 24.0% | |
| 2 | The Huntington National BankColumbus, OH | 10 | $918K | 20.0% | |
| 3 | Readycap Lending, LLCBerkeley Heights, NJ | 4 | $1.7M | 8.0% | |
| 4 | Live Oak Banking CompanyWilmington, NC | 3 | $700K | 6.0% | |
| 5 | Newtek Small Business Finance, Inc.Lake Success, NY | 2 | — | 4.0% | |
| 6 | Newtek Bank, National AssociationMiami, FL | 2 | — | 4.0% | |
| 7 | Peoples BankMendenhall, MS | 2 | — | 4.0% | |
| 8 | West BankWest Des Moines, IA | 2 | — | 4.0% | |
| 9 | Peoples BankMarietta, OH | 2 | — | 4.0% | |
| 10 | City National BankLos Angeles, CA | 1 | — | 2.0% | |
| 11 | B:Side CapitalDenver, CO · CDC | 1 | — | 2.0% | |
| 12 | InBankRaton, NM | 1 | — | 2.0% | |
| 13 | First Oklahoma BankJenks, OK | 1 | — | 2.0% | |
| 14 | Five Star BankRancho Cordova, CA | 1 | — | 2.0% | |
| 15 | Bank of America, National AssociationCharlotte, NC | 1 | — | 2.0% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | California | 5 | 10.0% | |
| 2 | Ohio | 5 | 10.0% | |
| 3 | New York | 4 | 8.0% | |
| 4 | Georgia | 4 | 8.0% | |
| 5 | Colorado | 3 | 6.0% | |
| 6 | Arizona | 3 | 6.0% | |
| 7 | Massachusetts | 3 | 6.0% | |
| 8 | Texas | 3 | 6.0% | |
| 9 | Michigan | 3 | 6.0% | |
| 10 | North Carolina | 2 | 4.0% | |
| 11 | Mississippi | 2 | 4.0% | |
| 12 | Utah | 2 | 4.0% | |
| 13 | Kentucky | 2 | 4.0% | |
| 14 | Florida | 2 | 4.0% | |
| 15 | Iowa | 2 | 4.0% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Remediation and Other Waste Management ServicesNAICS 5629 | 27 | 54.0% | |
| 2 | Residential Building ConstructionNAICS 2361 | 14 | 28.0% | |
| 3 | Services to Buildings and DwellingsNAICS 5617 | 4 | 8.0% | |
| 4 | Other Specialty Trade ContractorsNAICS 2389 | 2 | 4.0% | |
| 5 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 2 | 4.0% |
Approval sizes
- $50,000 or less16.0%8
- $50,001 to $150,00042.0%21
- $150,001 to $350,00026.0%13
- $350,001 to $1 million10.0%5
- $1 million to $2 million4.0%2
- Over $2 million2.0%1
Age of the businesses
- Existing, more than 2 years old24.0%12
- New business, 2 years or less18.0%9
- Startup, loan funds will open the business56.0%28
- Change of ownership2.0%1
Questions and answers
How many SBA loans go to Restoration 1 franchises?
94 approvals since FY2018, worth $23.8M; 50 in FY2021 to FY2025.
Which lenders make SBA loans for Restoration 1 franchises?
By approvals in FY2021 to FY2025: United Midwest Savings Bank National Association (12), The Huntington National Bank (10), Readycap Lending, LLC (4), Live Oak Banking Company (3), Newtek Small Business Finance, Inc. (2).
How large is a typical SBA loan for a Restoration 1 franchise?
The average approval in FY2021 to FY2025 was $332K.
What share of Restoration 1 SBA loans are charged off?
Of 49 disbursed loans approved in FY2010 to FY2021, 4 (8.2%) are recorded as charged off; for all SBA loans from those years the figure is 6.0%.
Are SBA loans to Restoration 1 franchises rising?
Approvals in the three latest complete fiscal years total 25, against 35 in the three before: falling (-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