Franchise brands › ServiceMaster
Franchise brand205 approvals since FY2010
SBA loans to ServiceMaster 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.
SBA lists 205 loan approvals since FY2010 under the ServiceMaster franchise brand, worth $119M; 81 of them came in FY2021 to FY2025.
In FY2025 there were 11, down 21% on FY2024. The average approval in the five-year window was $703K, and 11 of the approvals were 504 loans.
32 lenders made the FY2021 to FY2025 loans across 26 states; the most active were First Commonwealth Bank (7), The Huntington National Bank (6) and BayFirst National Bank (3).
Of loans approved in FY2010 to FY2021 and disbursed, SBA records 2.4% 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* | 10 | $8.6M | $856K | 1 | 150 |
| FY2025 | 11 | $5.0M | $454K | 0 | 258 |
| FY2024 | 14 | $7.2M | $515K | 0 | 289 |
| FY2023 | 9 | $6.5M | $725K | 1 | 532 |
| FY2022 | 20 | $12.6M | $632K | 4 | 484 |
| FY2021 | 27 | $25.6M | $947K | 6 | 440 |
| FY2020 | 26 | $13.7M | $526K | 1 | 439 |
| FY2019 | 23 | $11.3M | $493K | 2 | 352 |
| FY2018 | 14 | $10.9M | $778K | 1 | 396 |
| FY2017 | 0 | — | — | 0 | 0 |
| FY2016 | 0 | — | — | 0 | 0 |
SBA's franchise field lists the brand as "SERVICEMASTER"; "ServiceMaster". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | ServiceMaster | All SBA loans |
|---|---|---|
| Approvals in these years | 141 | 725,496 |
| Cancelled or never disbursed | 14 | 91,827 |
| Disbursed loans | 127 | 633,669 |
| Paid in full | 83 | 471,304 |
| Charged off | 3 | 37,796 |
| Still outstanding (status exempt from disclosure) | 41 | 124,569 |
| Charged off, share of disbursed loans | 2.4% | 6.0% |
| Dollars charged off, share of disbursed dollars | 0.3% | 2.2% |
| Dollars charged off | $220K | $6.20bn |
Lenders
| # | Lender, FY2021–FY2025 | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | First Commonwealth BankIndiana, PA | 7 | $3.3M | 8.6% | |
| 2 | The Huntington National BankColumbus, OH | 6 | $4.5M | 7.4% | |
| 3 | BayFirst National BankSaint Petersburg, FL | 3 | $1.0M | 3.7% | |
| 4 | U.S. Bank, National AssociationCincinnati, OH | 3 | $969K | 3.7% | |
| 5 | Michigan Certified Development CorporationEast Lansing, MI · CDC | 3 | $934K | 3.7% | |
| 6 | CDC Small Business Finance Corp.San Diego, CA · CDC | 2 | — | 2.5% | |
| 7 | First Bank of the LakeOsage Beach, MO | 2 | — | 2.5% | |
| 8 | Readycap Lending, LLCBerkeley Heights, NJ | 2 | — | 2.5% | |
| 9 | Wells Fargo Bank National AssociationSioux Falls, SD | 2 | — | 2.5% | |
| 10 | California Statewide Certified Development CorporationDavis, CA · CDC | 2 | — | 2.5% | |
| 11 | VelocitySBA, LLCIrving, TX | 2 | — | 2.5% | |
| 12 | Busey BankChampaign, IL | 2 | — | 2.5% | |
| 13 | Live Oak Banking CompanyWilmington, NC | 2 | — | 2.5% | |
| 14 | BMO Bank National AssociationChicago, IL | 2 | — | 2.5% | |
| 15 | Glacier BankKalispell, MT | 2 | — | 2.5% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | California | 16 | 19.8% | |
| 2 | Pennsylvania | 6 | 7.4% | |
| 3 | Virginia | 5 | 6.2% | |
| 4 | Colorado | 5 | 6.2% | |
| 5 | New York | 5 | 6.2% | |
| 6 | Michigan | 5 | 6.2% | |
| 7 | Texas | 4 | 4.9% | |
| 8 | Illinois | 4 | 4.9% | |
| 9 | Idaho | 3 | 3.7% | |
| 10 | Georgia | 3 | 3.7% | |
| 11 | Arizona | 3 | 3.7% | |
| 12 | Indiana | 3 | 3.7% | |
| 13 | Florida | 3 | 3.7% | |
| 14 | Utah | 3 | 3.7% | |
| 15 | Maryland | 2 | 2.5% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Services to Buildings and DwellingsNAICS 5617 | 40 | 49.4% | |
| 2 | Residential Building ConstructionNAICS 2361 | 14 | 17.3% | |
| 3 | Remediation and Other Waste Management ServicesNAICS 5629 | 10 | 12.3% | |
| 4 | Other Specialty Trade ContractorsNAICS 2389 | 7 | 8.6% | |
| 5 | Personal and Household Goods Repair and MaintenanceNAICS 8114 | 4 | 4.9% |
Approval sizes
- $50,000 or less2.5%2
- $50,001 to $150,00017.3%14
- $150,001 to $350,00014.8%12
- $350,001 to $1 million49.4%40
- $1 million to $2 million9.9%8
- Over $2 million6.2%5
Age of the businesses
- Existing, more than 2 years old67.9%55
- New business, 2 years or less9.9%8
- Startup, loan funds will open the business6.2%5
- Change of ownership16.0%13
Questions and answers
How many SBA loans go to ServiceMaster franchises?
205 approvals since FY2010, worth $119M; 81 in FY2021 to FY2025.
Which lenders make SBA loans for ServiceMaster franchises?
By approvals in FY2021 to FY2025: First Commonwealth Bank (7), The Huntington National Bank (6), BayFirst National Bank (3), U.S. Bank, National Association (3), Michigan Certified Development Corporation (3).
How large is a typical SBA loan for a ServiceMaster franchise?
The average approval in FY2021 to FY2025 was $703K.
What share of ServiceMaster SBA loans are charged off?
Of 127 disbursed loans approved in FY2010 to FY2021, 3 (2.4%) are recorded as charged off; for all SBA loans from those years the figure is 6.0%.
Are SBA loans to ServiceMaster franchises rising?
Approvals in the three latest complete fiscal years total 34, against 73 in the three before: falling (-53%).
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