Franchise brands › Senior Helpers
Franchise brand167 approvals since FY2010
SBA loans to Senior Helpers 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, 167 SBA loan approvals worth $67.1M carry the Senior Helpers franchise code, 81 of them in FY2021 to FY2025.
In FY2025 there were 23, up 92% on FY2024. The average approval in the five-year window was $356K.
24 lenders made the FY2021 to FY2025 loans across 26 states; the most active were CIBC Bank USA (19), United Midwest Savings Bank National Association (13) and Live Oak Banking Company (9).
Of loans approved in FY2010 to FY2021 and disbursed, SBA records 6.1% 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* | 15 | $7.7M | $517K | 0 | 479 |
| FY2025 | 23 | $7.6M | $331K | 0 | 678 |
| FY2024 | 12 | $3.5M | $288K | 0 | 389 |
| FY2023 | 20 | $6.3M | $315K | 0 | 645 |
| FY2022 | 10 | $5.3M | $529K | 0 | 356 |
| FY2021 | 16 | $6.2M | $388K | 0 | 907 |
| FY2020 | 13 | $8.1M | $624K | 0 | 972 |
| FY2019 | 10 | $5.9M | $594K | 0 | 430 |
| FY2018 | 7 | $5.5M | $781K | 0 | 216 |
| FY2017 | 15 | $4.5M | $300K | 1 | 680 |
| FY2016 | 8 | $1.5M | $189K | 0 | 140 |
SBA's franchise field lists the brand as "SENIOR HELPERS"; "Senior Helpers". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Senior Helpers | All SBA loans |
|---|---|---|
| Approvals in these years | 87 | 725,496 |
| Cancelled or never disbursed | 5 | 91,827 |
| Disbursed loans | 82 | 633,669 |
| Paid in full | 53 | 471,304 |
| Charged off | 5 | 37,796 |
| Still outstanding (status exempt from disclosure) | 24 | 124,569 |
| Charged off, share of disbursed loans | 6.1% | 6.0% |
| Dollars charged off, share of disbursed dollars | 2.2% | 2.2% |
| Dollars charged off | $772K | $6.20bn |
Lenders
| # | Lender, FY2021–FY2025 | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | CIBC Bank USAChicago, IL | 19 | $6.1M | 23.5% | |
| 2 | United Midwest Savings Bank National AssociationDe Graff, OH | 13 | $1.9M | 16.0% | |
| 3 | Live Oak Banking CompanyWilmington, NC | 9 | $2.3M | 11.1% | |
| 4 | The Huntington National BankColumbus, OH | 6 | $791K | 7.4% | |
| 5 | First Financial BankEl Dorado, AR | 3 | $2.8M | 3.7% | |
| 6 | Salem Five Cents Savings BankSalem, MA | 3 | $2.5M | 3.7% | |
| 7 | Byline BankChicago, IL | 3 | $1.7M | 3.7% | |
| 8 | Manufacturers and Traders Trust CompanyBuffalo, NY | 3 | $1.6M | 3.7% | |
| 9 | ConnectOne BankEnglewood Cliffs, NJ | 3 | $441K | 3.7% | |
| 10 | First Bank of the LakeOsage Beach, MO | 2 | — | 2.5% | |
| 11 | Northwest BankWarren, PA | 2 | — | 2.5% | |
| 12 | Community Financial Services BankBenton, KY | 2 | — | 2.5% | |
| 13 | Citizens BankElizabethton, TN | 2 | — | 2.5% | |
| 14 | GBankLas Vegas, NV | 1 | — | 1.2% | |
| 15 | Wells Fargo Bank National AssociationSioux Falls, SD | 1 | — | 1.2% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | Texas | 8 | 9.9% | |
| 2 | Georgia | 7 | 8.6% | |
| 3 | California | 7 | 8.6% | |
| 4 | Massachusetts | 6 | 7.4% | |
| 5 | North Carolina | 6 | 7.4% | |
| 6 | Kentucky | 5 | 6.2% | |
| 7 | Virginia | 5 | 6.2% | |
| 8 | Florida | 4 | 4.9% | |
| 9 | Wisconsin | 4 | 4.9% | |
| 10 | South Carolina | 3 | 3.7% | |
| 11 | Maryland | 3 | 3.7% | |
| 12 | New York | 3 | 3.7% | |
| 13 | Nevada | 2 | 2.5% | |
| 14 | Iowa | 2 | 2.5% | |
| 15 | Indiana | 2 | 2.5% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Home Health Care ServicesNAICS 6216 | 55 | 67.9% | |
| 2 | Individual and Family ServicesNAICS 6241 | 23 | 28.4% | |
| 3 | Personal Care ServicesNAICS 8121 | 2 | 2.5% | |
| 4 | Restaurants and Other Eating PlacesNAICS 7225 | 1 | 1.2% |
Approval sizes
- $50,000 or less12.3%10
- $50,001 to $150,00040.7%33
- $150,001 to $350,00022.2%18
- $350,001 to $1 million16.0%13
- $1 million to $2 million7.4%6
- Over $2 million1.2%1
Age of the businesses
- Existing, more than 2 years old11.1%9
- New business, 2 years or less14.8%12
- Startup, loan funds will open the business40.7%33
- Change of ownership33.3%27
Questions and answers
How many SBA loans go to Senior Helpers franchises?
167 approvals since FY2010, worth $67.1M; 81 in FY2021 to FY2025.
Which lenders make SBA loans for Senior Helpers franchises?
By approvals in FY2021 to FY2025: CIBC Bank USA (19), United Midwest Savings Bank National Association (13), Live Oak Banking Company (9), The Huntington National Bank (6), First Financial Bank (3).
How large is a typical SBA loan for a Senior Helpers franchise?
The average approval in FY2021 to FY2025 was $356K.
What share of Senior Helpers SBA loans are charged off?
Of 82 disbursed loans approved in FY2010 to FY2021, 5 (6.1%) are recorded as charged off; for all SBA loans from those years the figure is 6.0%.
Are SBA loans to Senior Helpers franchises rising?
Approvals in the three latest complete fiscal years total 55, against 39 in the three before: rising (+41%).
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