Franchise brands › Smash My Trash
Franchise brand109 approvals since FY2019
SBA loans to Smash My Trash 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 FY2019, 109 SBA loan approvals worth $42.9M carry the Smash My Trash franchise code, 72 of them in FY2021 to FY2025.
In FY2025 there were 2. The average approval in the five-year window was $385K.
25 lenders made the FY2021 to FY2025 loans across 22 states; the most active were The Huntington National Bank (14), Ameris Bank (7) and Beacon Bank and Trust (5).
Of loans approved in FY2010 to FY2021 and disbursed, SBA records 0.0% 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* | 3 | $3.5M | $1.2M | 0 | 32 |
| FY2025 | 2 | — | — | 0 | 20 |
| FY2024 | 0 | — | — | 0 | 0 |
| FY2023 | 1 | — | — | 0 | 4 |
| FY2022 | 19 | $6.6M | $345K | 0 | 117 |
| FY2021 | 50 | $18.1M | $361K | 0 | 350 |
| FY2020 | 31 | $11.0M | $354K | 0 | 214 |
| FY2019 | 3 | $700K | $233K | 0 | 11 |
| FY2018 | 0 | — | — | 0 | 0 |
| FY2017 | 0 | — | — | 0 | 0 |
| FY2016 | 0 | — | — | 0 | 0 |
SBA's franchise field lists the brand as "Smash My Trash". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Smash My Trash | All SBA loans |
|---|---|---|
| Approvals in these years | 84 | 725,496 |
| Cancelled or never disbursed | 5 | 91,827 |
| Disbursed loans | 79 | 633,669 |
| Paid in full | 54 | 471,304 |
| Charged off | 0 | 37,796 |
| Still outstanding (status exempt from disclosure) | 25 | 124,569 |
| Charged off, share of disbursed loans | 0.0% | 6.0% |
| Dollars charged off, share of disbursed dollars | 0.0% | 2.2% |
| Dollars charged off | $0 | $6.20bn |
Lenders
| # | Lender, FY2021–FY2025 | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | The Huntington National BankColumbus, OH | 14 | $3.3M | 19.4% | |
| 2 | Ameris BankAtlanta, GA | 7 | $3.3M | 9.7% | |
| 3 | Beacon Bank and TrustBrookline, MA | 5 | $3.0M | 6.9% | |
| 4 | Old National BankEvansville, IN | 3 | $1.9M | 4.2% | |
| 5 | Newtek Small Business Finance, Inc.Lake Success, NY | 3 | $1.0M | 4.2% | |
| 6 | United Community BankGreenville, SC | 3 | $740K | 4.2% | |
| 7 | KeyBank National AssociationCleveland, OH | 3 | $715K | 4.2% | |
| 8 | United Midwest Savings Bank National AssociationDe Graff, OH | 3 | $450K | 4.2% | |
| 9 | Renasant BankTupelo, MS | 2 | — | 2.8% | |
| 10 | Banner BankWalla Walla, WA | 2 | — | 2.8% | |
| 11 | Wells Fargo Bank National AssociationSioux Falls, SD | 2 | — | 2.8% | |
| 12 | Citizens BankElizabethton, TN | 2 | — | 2.8% | |
| 13 | SouthState Bank, National AssociationWinter Haven, FL | 2 | — | 2.8% | |
| 14 | Stock Yards Bank & Trust CompanyLouisville, KY | 2 | — | 2.8% | |
| 15 | Hancock Whitney BankGulfport, MS | 2 | — | 2.8% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | California | 12 | 16.7% | |
| 2 | Massachusetts | 8 | 11.1% | |
| 3 | Georgia | 7 | 9.7% | |
| 4 | Ohio | 7 | 9.7% | |
| 5 | Florida | 5 | 6.9% | |
| 6 | Texas | 4 | 5.6% | |
| 7 | Pennsylvania | 4 | 5.6% | |
| 8 | South Carolina | 3 | 4.2% | |
| 9 | Colorado | 2 | 2.8% | |
| 10 | Mississippi | 2 | 2.8% | |
| 11 | Michigan | 2 | 2.8% | |
| 12 | Maryland | 2 | 2.8% | |
| 13 | Idaho | 2 | 2.8% | |
| 14 | Kentucky | 2 | 2.8% | |
| 15 | Indiana | 2 | 2.8% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Waste CollectionNAICS 5621 | 43 | 59.7% | |
| 2 | Remediation and Other Waste Management ServicesNAICS 5629 | 22 | 30.6% | |
| 3 | Waste Treatment and DisposalNAICS 5622 | 4 | 5.6% | |
| 4 | Other Support ServicesNAICS 5619 | 1 | 1.4% | |
| 5 | Services to Buildings and DwellingsNAICS 5617 | 1 | 1.4% |
Approval sizes
- $50,000 or less8.3%6
- $50,001 to $150,00012.5%9
- $150,001 to $350,00040.3%29
- $350,001 to $1 million36.1%26
- $1 million to $2 million2.8%2
Age of the businesses
- Existing, more than 2 years old6.9%5
- New business, 2 years or less18.1%13
- Startup, loan funds will open the business70.8%51
- Change of ownership4.2%3
Questions and answers
How many SBA loans go to Smash My Trash franchises?
109 approvals since FY2019, worth $42.9M; 72 in FY2021 to FY2025.
Which lenders make SBA loans for Smash My Trash franchises?
By approvals in FY2021 to FY2025: The Huntington National Bank (14), Ameris Bank (7), Beacon Bank and Trust (5), Old National Bank (3), Newtek Small Business Finance, Inc. (3).
How large is a typical SBA loan for a Smash My Trash franchise?
The average approval in FY2021 to FY2025 was $385K.
What share of Smash My Trash SBA loans are charged off?
Of 79 disbursed loans approved in FY2010 to FY2021, 0 (0.0%) are recorded as charged off; for all SBA loans from those years the figure is 6.0%.
Are SBA loans to Smash My Trash franchises rising?
Approvals in the three latest complete fiscal years total 3, against 100 in the three before: falling (-97%).
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