Franchise brands › Servpro
Franchise brand654 approvals since FY2010
SBA loans to Servpro 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 654 loan approvals since FY2010 under the Servpro franchise brand, worth $354M; 176 of them came in FY2021 to FY2025.
In FY2025 there were 23, down 8% on FY2024. The average approval in the five-year window was $945K, and 15 of the approvals were 504 loans.
39 lenders made the FY2021 to FY2025 loans across 38 states; the most active were Live Oak Banking Company (38), The Huntington National Bank (7) and North State Bank (6).
Of loans approved in FY2010 to FY2021 and disbursed, SBA records 3.8% 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* | 17 | $21.8M | $1.3M | 3 | 336 |
| FY2025 | 23 | $19.9M | $865K | 1 | 437 |
| FY2024 | 25 | $21.5M | $861K | 4 | 480 |
| FY2023 | 38 | $42.5M | $1.1M | 1 | 592 |
| FY2022 | 33 | $28.5M | $864K | 2 | 680 |
| FY2021 | 57 | $54.0M | $947K | 7 | 839 |
| FY2020 | 50 | $33.0M | $661K | 5 | 507 |
| FY2019 | 37 | $14.3M | $386K | 6 | 382 |
| FY2018 | 39 | $12.3M | $315K | 4 | 366 |
| FY2017 | 34 | $17.1M | $502K | 5 | 287 |
| FY2016 | 54 | $16.4M | $303K | 5 | 472 |
SBA's franchise field lists the brand as "SERVPRO"; "Servpro". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Servpro | All SBA loans |
|---|---|---|
| Approvals in these years | 518 | 725,496 |
| Cancelled or never disbursed | 72 | 91,827 |
| Disbursed loans | 446 | 633,669 |
| Paid in full | 355 | 471,304 |
| Charged off | 17 | 37,796 |
| Still outstanding (status exempt from disclosure) | 74 | 124,569 |
| Charged off, share of disbursed loans | 3.8% | 6.0% |
| Dollars charged off, share of disbursed dollars | 2.6% | 2.2% |
| Dollars charged off | $5.0M | $6.20bn |
Lenders
| # | Lender, FY2021–FY2025 | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Live Oak Banking CompanyWilmington, NC | 38 | $31.1M | 21.6% | |
| 2 | The Huntington National BankColumbus, OH | 7 | $3.2M | 4.0% | |
| 3 | North State BankRaleigh, NC | 6 | $7.1M | 3.4% | |
| 4 | U.S. Bank, National AssociationCincinnati, OH | 6 | $2.1M | 3.4% | |
| 5 | First BankSouthern Pines, NC | 5 | $4.8M | 2.8% | |
| 6 | TD Bank, National AssociationWilmington, DE | 5 | $2.9M | 2.8% | |
| 7 | Meridian BankMalvern, PA | 4 | $5.4M | 2.3% | |
| 8 | The Bancorp Bank National AssociationSioux Falls, SD | 4 | $4.2M | 2.3% | |
| 9 | First Western Bank & TrustMinot, ND | 4 | $1.8M | 2.3% | |
| 10 | First American BankElk Grove Village, IL | 3 | $8.1M | 1.7% | |
| 11 | Bank of Oak RidgeOak Ridge, NC | 3 | $4.4M | 1.7% | |
| 12 | Regions BankBirmingham, AL | 3 | $3.8M | 1.7% | |
| 13 | Clear Lake Bank & Trust CompanyClear Lake, IA | 3 | $1.7M | 1.7% | |
| 14 | JPMorgan Chase Bank, National AssociationColumbus, OH | 3 | $1.1M | 1.7% | |
| 15 | Village BankSaint Francis, MN | 3 | $823K | 1.7% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | Florida | 18 | 10.2% | |
| 2 | North Carolina | 17 | 9.7% | |
| 3 | California | 16 | 9.1% | |
| 4 | Illinois | 14 | 8.0% | |
| 5 | South Carolina | 13 | 7.4% | |
| 6 | Pennsylvania | 10 | 5.7% | |
| 7 | Massachusetts | 7 | 4.0% | |
| 8 | Texas | 6 | 3.4% | |
| 9 | Minnesota | 6 | 3.4% | |
| 10 | Washington | 5 | 2.8% | |
| 11 | New York | 4 | 2.3% | |
| 12 | Oregon | 4 | 2.3% | |
| 13 | Indiana | 4 | 2.3% | |
| 14 | Michigan | 4 | 2.3% | |
| 15 | Wisconsin | 4 | 2.3% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Services to Buildings and DwellingsNAICS 5617 | 54 | 30.7% | |
| 2 | Remediation and Other Waste Management ServicesNAICS 5629 | 51 | 29.0% | |
| 3 | Residential Building ConstructionNAICS 2361 | 36 | 20.5% | |
| 4 | Other Specialty Trade ContractorsNAICS 2389 | 17 | 9.7% | |
| 5 | Personal and Household Goods Repair and MaintenanceNAICS 8114 | 8 | 4.5% |
Approval sizes
- $50,000 or less4.5%8
- $50,001 to $150,0009.7%17
- $150,001 to $350,00020.5%36
- $350,001 to $1 million36.4%64
- $1 million to $2 million13.1%23
- Over $2 million15.9%28
Age of the businesses
- Existing, more than 2 years old46.0%81
- New business, 2 years or less11.9%21
- Startup, loan funds will open the business9.1%16
- Change of ownership33.0%58
Questions and answers
How many SBA loans go to Servpro franchises?
654 approvals since FY2010, worth $354M; 176 in FY2021 to FY2025.
Which lenders make SBA loans for Servpro franchises?
By approvals in FY2021 to FY2025: Live Oak Banking Company (38), The Huntington National Bank (7), North State Bank (6), U.S. Bank, National Association (6), First Bank (5).
How large is a typical SBA loan for a Servpro franchise?
The average approval in FY2021 to FY2025 was $945K.
What share of Servpro SBA loans are charged off?
Of 446 disbursed loans approved in FY2010 to FY2021, 17 (3.8%) are recorded as charged off; for all SBA loans from those years the figure is 6.0%.
Are SBA loans to Servpro franchises rising?
Approvals in the three latest complete fiscal years total 86, against 140 in the three before: falling (-39%).
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