Franchise brands › Right at Home
Franchise brand166 approvals since FY2010
SBA loans to Right at Home 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 FY2010, 166 SBA loan approvals worth $81.8M carry the Right at Home franchise code, 56 of them in FY2021 to FY2025.
In FY2025 there were 16. The average approval in the five-year window was $626K, and 1 of the approvals were 504 loans.
21 lenders made the FY2021 to FY2025 loans across 21 states; the most active were Live Oak Banking Company (19), The Huntington National Bank (8) and Associated Bank National Association (5).
Of loans approved in FY2010 to FY2021 and disbursed, SBA records 2.7% 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* | 9 | $7.4M | $820K | 0 | 271 |
| FY2025 | 16 | $5.7M | $359K | 0 | 540 |
| FY2024 | 8 | $4.6M | $575K | 0 | 510 |
| FY2023 | 10 | $4.1M | $409K | 1 | 770 |
| FY2022 | 9 | $7.1M | $788K | 0 | 621 |
| FY2021 | 13 | $13.5M | $1.0M | 0 | 837 |
| FY2020 | 13 | $7.2M | $551K | 0 | 798 |
| FY2019 | 21 | $9.8M | $467K | 0 | 1,459 |
| FY2018 | 16 | $7.4M | $459K | 1 | 1,039 |
| FY2017 | 14 | $4.4M | $312K | 0 | 323 |
| FY2016 | 7 | $1.7M | $238K | 1 | 110 |
SBA's franchise field lists the brand as "RIGHT AT HOME"; "Right at Home". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Right at Home | All SBA loans |
|---|---|---|
| Approvals in these years | 114 | 725,496 |
| Cancelled or never disbursed | 4 | 91,827 |
| Disbursed loans | 110 | 633,669 |
| Paid in full | 81 | 471,304 |
| Charged off | 3 | 37,796 |
| Still outstanding (status exempt from disclosure) | 26 | 124,569 |
| Charged off, share of disbursed loans | 2.7% | 6.0% |
| Dollars charged off, share of disbursed dollars | 4.5% | 2.2% |
| Dollars charged off | $2.3M | $6.20bn |
Lenders
| # | Lender, FY2021–FY2025 | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Live Oak Banking CompanyWilmington, NC | 19 | $14.6M | 33.9% | |
| 2 | The Huntington National BankColumbus, OH | 8 | $1.5M | 14.3% | |
| 3 | Associated Bank National AssociationGreen Bay, WI | 5 | $2.7M | 8.9% | |
| 4 | MVB Bank, Inc.Fairmont, WV | 3 | $3.9M | 5.4% | |
| 5 | JPMorgan Chase Bank, National AssociationColumbus, OH | 3 | $468K | 5.4% | |
| 6 | Beacon Bank and TrustBrookline, MA | 2 | — | 3.6% | |
| 7 | Atlantic Union BankRichmond, VA | 2 | — | 3.6% | |
| 8 | Truist BankCharlotte, NC | 1 | — | 1.8% | |
| 9 | First Horizon BankMemphis, TN | 1 | — | 1.8% | |
| 10 | The Bank of HoustonHouston, MO | 1 | — | 1.8% | |
| 11 | FWBankChicago, IL | 1 | — | 1.8% | |
| 12 | BayFirst National BankSaint Petersburg, FL | 1 | — | 1.8% | |
| 13 | Pathward National AssociationSioux Falls, SD | 1 | — | 1.8% | |
| 14 | U.S. Bank, National AssociationCincinnati, OH | 1 | — | 1.8% | |
| 15 | Midwest Regional BankFestus, MO | 1 | — | 1.8% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | California | 13 | 23.2% | |
| 2 | Florida | 5 | 8.9% | |
| 3 | Illinois | 4 | 7.1% | |
| 4 | Texas | 4 | 7.1% | |
| 5 | Ohio | 4 | 7.1% | |
| 6 | New York | 3 | 5.4% | |
| 7 | Wisconsin | 3 | 5.4% | |
| 8 | Colorado | 3 | 5.4% | |
| 9 | Michigan | 2 | 3.6% | |
| 10 | Connecticut | 2 | 3.6% | |
| 11 | Indiana | 2 | 3.6% | |
| 12 | Virginia | 2 | 3.6% | |
| 13 | Massachusetts | 1 | 1.8% | |
| 14 | Louisiana | 1 | 1.8% | |
| 15 | Missouri | 1 | 1.8% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Home Health Care ServicesNAICS 6216 | 45 | 80.4% | |
| 2 | Individual and Family ServicesNAICS 6241 | 9 | 16.1% | |
| 3 | Other Personal ServicesNAICS 8129 | 1 | 1.8% | |
| 4 | Other Schools and InstructionNAICS 6116 | 1 | 1.8% |
Approval sizes
- $50,000 or less3.6%2
- $50,001 to $150,00028.6%16
- $150,001 to $350,00017.9%10
- $350,001 to $1 million30.4%17
- $1 million to $2 million14.3%8
- Over $2 million5.4%3
Age of the businesses
- Existing, more than 2 years old21.4%12
- New business, 2 years or less7.1%4
- Startup, loan funds will open the business23.2%13
- Change of ownership48.2%27
Questions and answers
How many SBA loans go to Right at Home franchises?
166 approvals since FY2010, worth $81.8M; 56 in FY2021 to FY2025.
Which lenders make SBA loans for Right at Home franchises?
By approvals in FY2021 to FY2025: Live Oak Banking Company (19), The Huntington National Bank (8), Associated Bank National Association (5), MVB Bank, Inc. (3), JPMorgan Chase Bank, National Association (3).
How large is a typical SBA loan for a Right at Home franchise?
The average approval in FY2021 to FY2025 was $626K.
What share of Right at Home SBA loans are charged off?
Of 110 disbursed loans approved in FY2010 to FY2021, 3 (2.7%) are recorded as charged off; for all SBA loans from those years the figure is 6.0%.
Are SBA loans to Right at Home franchises rising?
Approvals in the three latest complete fiscal years total 34, against 35 in the three before: broadly level (-3%).
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