Franchise brand144 approvals since FY2018

SBA loans to Stretch Lab 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 144 loan approvals since FY2018 under the Stretch Lab franchise brand, worth $33.8M; 112 of them came in FY2021 to FY2025.

In FY2025 there were 13. The average approval in the five-year window was $245K.

25 lenders made the FY2021 to FY2025 loans across 24 states; the most active were The Huntington National Bank (49), Five Star Bank (6) and Manufacturers and Traders Trust Company (4).

Of loans approved in FY2010 to FY2021 and disbursed, SBA records 2.6% 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.

144approvals since FY2018$33.8M

112approvals, FY2021–FY2025FY2025: 13

$245Kaverage approval, FY2021–FY2025all SBA loans: $573K

25lenders, FY2021–FY202524 states

2.6%loans approved FY2010–FY2021 charged offall SBA loans: 6.0%

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	Jobs supported, as reported
FY2026*	3	$1.3M	$423K	59
FY2025	13	$4.3M	$328K	163
FY2024	6	$2.4M	$396K	151
FY2023	28	$6.7M	$240K	658
FY2022	49	$10.1M	$205K	791
FY2021	16	$4.1M	$255K	221
FY2020	12	$2.2M	$184K	177
FY2019	16	$2.8M	$172K	234
FY2018	1	—	—	24
FY2017	0	—	—	0
FY2016	0	—	—	0

SBA's franchise field lists the brand as "Stretch Lab". Codes SBA has used for the same brand name are added together.

Charge-off cohort rate

Stretch Lab franchises2.6%

All SBA 7(a) and 504 loans6.0%

Share of disbursed loans approved FY2010–FY2021 that SBA records as charged off. A brand's rate reflects when and where its franchise owners borrowed and how much, as well as the brand.

Loans approved FY2010–FY2021	Stretch Lab	All SBA loans
Approvals in these years	45	725,496
Cancelled or never disbursed	6	91,827
Disbursed loans	39	633,669
Paid in full	20	471,304
Charged off	1	37,796
Still outstanding (status exempt from disclosure)	18	124,569
Charged off, share of disbursed loans	2.6%	6.0%
Dollars charged off, share of disbursed dollars	0.6%	2.2%
Dollars charged off	$51K	$6.20bn

Lenders

#	Lender, FY2021–FY2025	Approvals	Dollars	Share
1	The Huntington National BankColumbus, OH	49	$8.5M	43.8%
2	Five Star BankRancho Cordova, CA	6	$2.0M	5.4%
3	Manufacturers and Traders Trust CompanyBuffalo, NY	4	$347K	3.6%
4	National Bank of CommerceSuperior, WI	3	$1.2M	2.7%
5	United Community BankGreenville, SC	3	$907K	2.7%
6	Dime Commercial BankHauppauge, NY	3	$907K	2.7%
7	The Bancorp Bank National AssociationSioux Falls, SD	3	$864K	2.7%
8	Live Oak Banking CompanyWilmington, NC	2	—	1.8%
9	SouthState Bank, National AssociationWinter Haven, FL	2	—	1.8%
10	Ameris BankAtlanta, GA	2	—	1.8%
11	FFB BankFresno, CA	2	—	1.8%
12	The Bank of HoustonHouston, MO	2	—	1.8%
13	Horizon Bank SSBAustin, TX	2	—	1.8%
14	Citizens BankElizabethton, TN	2	—	1.8%
15	U.S. Bank, National AssociationCincinnati, OH	2	—	1.8%

States

#	State of the business, FY2021–FY2025	Approvals	Share
1	California	15	13.4%
2	Ohio	12	10.7%
3	New York	11	9.8%
4	Texas	9	8.0%
5	Indiana	8	7.1%
6	Michigan	8	7.1%
7	Virginia	7	6.3%
8	Illinois	7	6.3%
9	Colorado	6	5.4%
10	New Jersey	6	5.4%
11	Connecticut	3	2.7%
12	Florida	3	2.7%
13	Pennsylvania	3	2.7%
14	North Carolina	2	1.8%
15	Maryland	2	1.8%

Filed under

#	Industry group	Approvals	Share
1	Other Amusement and Recreation IndustriesNAICS 7139	97	86.6%
2	Other Personal ServicesNAICS 8129	4	3.6%
3	Management, Scientific, and Technical Consulting ServicesNAICS 5416	2	1.8%
4	Other Schools and InstructionNAICS 6116	2	1.8%
5	Offices of Other Health PractitionersNAICS 6213	2	1.8%

Approval sizes

$50,000 or less23.2%26
$50,001 to $150,0004.5%5
$150,001 to $350,00058.0%65
$350,001 to $1 million14.3%16

Age of the businesses

Existing, more than 2 years old7.1%8
New business, 2 years or less10.7%12
Startup, loan funds will open the business79.5%89
Change of ownership2.7%3

Questions and answers

How many SBA loans go to Stretch Lab franchises?

144 approvals since FY2018, worth $33.8M; 112 in FY2021 to FY2025.

Which lenders make SBA loans for Stretch Lab franchises?

By approvals in FY2021 to FY2025: The Huntington National Bank (49), Five Star Bank (6), Manufacturers and Traders Trust Company (4), National Bank of Commerce (3), United Community Bank (3).

How large is a typical SBA loan for a Stretch Lab franchise?

The average approval in FY2021 to FY2025 was $245K.

What share of Stretch Lab SBA loans are charged off?

Of 39 disbursed loans approved in FY2010 to FY2021, 1 (2.6%) are recorded as charged off; for all SBA loans from those years the figure is 6.0%.

Are SBA loans to Stretch Lab franchises rising?

Approvals in the three latest complete fiscal years total 47, against 77 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