Franchise brands › Sam the Concrete Man
Franchise brand116 approvals since FY2020
SBA loans to Sam the Concrete Man 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 FY2020, 116 SBA loan approvals worth $16.9M carry the Sam the Concrete Man franchise code, 86 of them in FY2021 to FY2025.
In FY2025 there were 26, up 63% on FY2024. The average approval in the five-year window was $145K.
3 lenders made the FY2021 to FY2025 loans across 31 states; the most active were United Midwest Savings Bank National Association (84), Stearns Bank National Association (1) and Capital Bank, National Association (1).
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* | 24 | $3.7M | $154K | 0 | 49 |
| FY2025 | 26 | $3.9M | $148K | 0 | 53 |
| FY2024 | 16 | $2.3M | $147K | 0 | 33 |
| FY2023 | 17 | $2.3M | $137K | 0 | 35 |
| FY2022 | 12 | $1.8M | $150K | 0 | 24 |
| FY2021 | 15 | $2.1M | $140K | 0 | 33 |
| FY2020 | 6 | $800K | $133K | 0 | 19 |
| FY2019 | 0 | — | — | 0 | 0 |
| FY2018 | 0 | — | — | 0 | 0 |
| FY2017 | 0 | — | — | 0 | 0 |
| FY2016 | 0 | — | — | 0 | 0 |
SBA's franchise field lists the brand as "Sam the Concrete Man". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Sam the Concrete Man | All SBA loans |
|---|---|---|
| Approvals in these years | 21 | 725,496 |
| Cancelled or never disbursed | 2 | 91,827 |
| Disbursed loans | 19 | 633,669 |
| Paid in full | 8 | 471,304 |
| Charged off | 1 | 37,796 |
| Still outstanding (status exempt from disclosure) | 10 | 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 | United Midwest Savings Bank National AssociationDe Graff, OH | 84 | $12.2M | 97.7% | |
| 2 | Stearns Bank National AssociationSaint Cloud, MN | 1 | — | 1.2% | |
| 3 | Capital Bank, National AssociationRockville, MD | 1 | — | 1.2% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | Texas | 14 | 16.3% | |
| 2 | Florida | 9 | 10.5% | |
| 3 | Arizona | 5 | 5.8% | |
| 4 | Georgia | 4 | 4.7% | |
| 5 | Pennsylvania | 4 | 4.7% | |
| 6 | New Jersey | 4 | 4.7% | |
| 7 | Virginia | 4 | 4.7% | |
| 8 | North Carolina | 4 | 4.7% | |
| 9 | Illinois | 3 | 3.5% | |
| 10 | Michigan | 3 | 3.5% | |
| 11 | Washington | 3 | 3.5% | |
| 12 | Louisiana | 3 | 3.5% | |
| 13 | South Carolina | 3 | 3.5% | |
| 14 | Oklahoma | 2 | 2.3% | |
| 15 | Ohio | 2 | 2.3% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 85 | 98.8% | |
| 2 | Building Finishing ContractorsNAICS 2383 | 1 | 1.2% |
Approval sizes
- $50,001 to $150,000100.0%86
Age of the businesses
- Existing, more than 2 years old1.2%1
- Startup, loan funds will open the business97.7%84
- Change of ownership1.2%1
Questions and answers
How many SBA loans go to Sam the Concrete Man franchises?
116 approvals since FY2020, worth $16.9M; 86 in FY2021 to FY2025.
Which lenders make SBA loans for Sam the Concrete Man franchises?
By approvals in FY2021 to FY2025: United Midwest Savings Bank National Association (84), Stearns Bank National Association (1), Capital Bank, National Association (1).
How large is a typical SBA loan for a Sam the Concrete Man franchise?
The average approval in FY2021 to FY2025 was $145K.
What share of Sam the Concrete Man 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 Sam the Concrete Man franchises rising?
Approvals in the three latest complete fiscal years total 59, against 33 in the three before: rising (+79%).
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