Franchise brands › Sky Zone
Franchise brand79 approvals since FY2013
SBA loans to Sky Zone 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 FY2013, 79 SBA loan approvals worth $176M carry the Sky Zone franchise code, 34 of them in FY2021 to FY2025.
In FY2025 there were 9. The average approval in the five-year window was $2.3M, and 4 of the approvals were 504 loans.
22 lenders made the FY2021 to FY2025 loans across 21 states; the most active were First Business Bank (5), Old National Bank (3) and First Internet Bank of Indiana (2).
Of loans approved in FY2010 to FY2021 and disbursed, SBA records 21.9% as charged off, above 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* | 12 | $48.2M | $4.0M | 0 | 459 |
| FY2025 | 9 | $32.1M | $3.6M | 0 | 482 |
| FY2024 | 7 | $13.7M | $2.0M | 1 | 117 |
| FY2023 | 6 | $11.6M | $1.9M | 1 | 410 |
| FY2022 | 8 | $12.8M | $1.6M | 1 | 268 |
| FY2021 | 4 | $9.6M | $2.4M | 1 | 193 |
| FY2020 | 3 | $4.3M | $1.4M | 1 | 180 |
| FY2019 | 16 | $27.4M | $1.7M | 0 | 1,053 |
| FY2018 | 6 | $7.7M | $1.3M | 0 | 370 |
| FY2017 | 1 | — | — | 1 | 10 |
| FY2016 | 2 | — | — | 0 | 60 |
SBA's franchise field lists the brand as "Sky Zone". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Sky Zone | All SBA loans |
|---|---|---|
| Approvals in these years | 37 | 725,496 |
| Cancelled or never disbursed | 5 | 91,827 |
| Disbursed loans | 32 | 633,669 |
| Paid in full | 19 | 471,304 |
| Charged off | 7 | 37,796 |
| Still outstanding (status exempt from disclosure) | 6 | 124,569 |
| Charged off, share of disbursed loans | 21.9% | 6.0% |
| Dollars charged off, share of disbursed dollars | 9.8% | 2.2% |
| Dollars charged off | $4.9M | $6.20bn |
Lenders
| # | Lender, FY2021–FY2025 | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | First Business BankMadison, WI | 5 | $17.2M | 14.7% | |
| 2 | Old National BankEvansville, IN | 3 | $5.8M | 8.8% | |
| 3 | First Internet Bank of IndianaFishers, IN | 2 | — | 5.9% | |
| 4 | First Merchants BankIndianapolis, IN | 2 | — | 5.9% | |
| 5 | Pacific National BankMiami, FL | 2 | — | 5.9% | |
| 6 | Valley National BankPassaic, NJ | 2 | — | 5.9% | |
| 7 | Platinum BankOakdale, MN | 2 | — | 5.9% | |
| 8 | The Huntington National BankColumbus, OH | 2 | — | 5.9% | |
| 9 | Mission Valley BankSun Valley, CA | 1 | — | 2.9% | |
| 10 | Sunflower Bank National AssociationDallas, TX | 1 | — | 2.9% | |
| 11 | Celtic Bank CorporationSalt Lake City, UT | 1 | — | 2.9% | |
| 12 | Banterra BankMarion, IL | 1 | — | 2.9% | |
| 13 | The Freedom Bank of VirginiaFairfax, VA | 1 | — | 2.9% | |
| 14 | Wilmington Savings Fund Society FSBWilmington, DE | 1 | — | 2.9% | |
| 15 | HomeTrust BankAsheville, NC | 1 | — | 2.9% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | California | 4 | 11.8% | |
| 2 | Maryland | 4 | 11.8% | |
| 3 | Georgia | 3 | 8.8% | |
| 4 | Arizona | 3 | 8.8% | |
| 5 | Illinois | 2 | 5.9% | |
| 6 | Louisiana | 2 | 5.9% | |
| 7 | Ohio | 2 | 5.9% | |
| 8 | Texas | 1 | 2.9% | |
| 9 | Minnesota | 1 | 2.9% | |
| 10 | Kansas | 1 | 2.9% | |
| 11 | Mississippi | 1 | 2.9% | |
| 12 | Florida | 1 | 2.9% | |
| 13 | Virginia | 1 | 2.9% | |
| 14 | Kentucky | 1 | 2.9% | |
| 15 | Delaware | 1 | 2.9% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Other Amusement and Recreation IndustriesNAICS 7139 | 27 | 79.4% | |
| 2 | Amusement Parks and ArcadesNAICS 7131 | 7 | 20.6% |
Approval sizes
- $50,000 or less2.9%1
- $50,001 to $150,0005.9%2
- $150,001 to $350,0002.9%1
- $350,001 to $1 million8.8%3
- $1 million to $2 million23.5%8
- Over $2 million55.9%19
Age of the businesses
- Existing, more than 2 years old23.5%8
- New business, 2 years or less20.6%7
- Startup, loan funds will open the business44.1%15
- Change of ownership11.8%4
Questions and answers
How many SBA loans go to Sky Zone franchises?
79 approvals since FY2013, worth $176M; 34 in FY2021 to FY2025.
Which lenders make SBA loans for Sky Zone franchises?
By approvals in FY2021 to FY2025: First Business Bank (5), Old National Bank (3), First Internet Bank of Indiana (2), First Merchants Bank (2), Pacific National Bank (2).
How large is a typical SBA loan for a Sky Zone franchise?
The average approval in FY2021 to FY2025 was $2.3M.
What share of Sky Zone SBA loans are charged off?
Of 32 disbursed loans approved in FY2010 to FY2021, 7 (21.9%) are recorded as charged off; for all SBA loans from those years the figure is 6.0%.
Are SBA loans to Sky Zone franchises rising?
Approvals in the three latest complete fiscal years total 22, against 15 in the three before: rising (+47%).
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