Franchise brands › The Goddard School
Franchise brand700 approvals since FY2010
SBA loans to The Goddard School 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 FY2010, 700 SBA loan approvals worth $1.31bn carry the The Goddard School franchise code, 234 of them in FY2021 to FY2025.
In FY2025 there were 60, up 100% on FY2024. The average approval in the five-year window was $1.8M, and 40 of the approvals were 504 loans.
50 lenders made the FY2021 to FY2025 loans across 30 states; the most active were Customers Bank (28), Wells Fargo Bank National Association (18) and First National Bank of Pennsylvania (17).
Of loans approved in FY2010 to FY2021 and disbursed, SBA records 1.4% 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* | 41 | $93.4M | $2.3M | 6 | 1,246 |
| FY2025 | 60 | $113M | $1.9M | 13 | 1,484 |
| FY2024 | 30 | $59.2M | $2.0M | 7 | 841 |
| FY2023 | 43 | $82.7M | $1.9M | 6 | 1,494 |
| FY2022 | 41 | $76.9M | $1.9M | 6 | 1,176 |
| FY2021 | 60 | $89.7M | $1.5M | 8 | 1,600 |
| FY2020 | 68 | $148M | $2.2M | 8 | 1,816 |
| FY2019 | 69 | $157M | $2.3M | 7 | 2,087 |
| FY2018 | 57 | $141M | $2.5M | 9 | 1,336 |
| FY2017 | 52 | $99.5M | $1.9M | 3 | 1,111 |
| FY2016 | 34 | $61.9M | $1.8M | 2 | 850 |
SBA's franchise field lists the brand as "THE GODDARD SCHOOL"; "The Goddard School". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | The Goddard School | All SBA loans |
|---|---|---|
| Approvals in these years | 485 | 725,496 |
| Cancelled or never disbursed | 58 | 91,827 |
| Disbursed loans | 427 | 633,669 |
| Paid in full | 240 | 471,304 |
| Charged off | 6 | 37,796 |
| Still outstanding (status exempt from disclosure) | 181 | 124,569 |
| Charged off, share of disbursed loans | 1.4% | 6.0% |
| Dollars charged off, share of disbursed dollars | 0.3% | 2.2% |
| Dollars charged off | $2.1M | $6.20bn |
Lenders
| # | Lender, FY2021–FY2025 | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Customers BankMalvern, PA | 28 | $38.9M | 12.0% | |
| 2 | Wells Fargo Bank National AssociationSioux Falls, SD | 18 | $43.2M | 7.7% | |
| 3 | First National Bank of PennsylvaniaGreenville, PA | 17 | $22.4M | 7.3% | |
| 4 | Live Oak Banking CompanyWilmington, NC | 15 | $40.5M | 6.4% | |
| 5 | Southern Bancorp BankArkadelphia, AR | 14 | $20.6M | 6.0% | |
| 6 | Bank Five NineOconomowoc, WI | 14 | $10.8M | 6.0% | |
| 7 | Regions BankBirmingham, AL | 11 | $19.6M | 4.7% | |
| 8 | United Community BankGreenville, SC | 10 | $20.0M | 4.3% | |
| 9 | TD Bank, National AssociationWilmington, DE | 9 | $18.1M | 3.8% | |
| 10 | Capital One National AssociationMcLean, VA | 4 | $9.6M | 1.7% | |
| 11 | Bank of America, National AssociationCharlotte, NC | 4 | $6.4M | 1.7% | |
| 12 | Empire State Certified Development CorporationLatham, NY · CDC | 4 | $6.1M | 1.7% | |
| 13 | First Bank of the LakeOsage Beach, MO | 4 | $3.2M | 1.7% | |
| 14 | Wilmington Savings Fund Society FSBWilmington, DE | 4 | $1.1M | 1.7% | |
| 15 | Capital Certified Development CorporationAustin, TX · CDC | 3 | $6.9M | 1.3% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | Texas | 33 | 14.1% | |
| 2 | New Jersey | 20 | 8.5% | |
| 3 | Massachusetts | 16 | 6.8% | |
| 4 | Pennsylvania | 15 | 6.4% | |
| 5 | Ohio | 12 | 5.1% | |
| 6 | Washington | 11 | 4.7% | |
| 7 | Virginia | 10 | 4.3% | |
| 8 | Indiana | 10 | 4.3% | |
| 9 | Arkansas | 10 | 4.3% | |
| 10 | Michigan | 8 | 3.4% | |
| 11 | California | 8 | 3.4% | |
| 12 | North Carolina | 8 | 3.4% | |
| 13 | Georgia | 7 | 3.0% | |
| 14 | Florida | 7 | 3.0% | |
| 15 | Illinois | 7 | 3.0% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Child Day Care ServicesNAICS 6244 | 211 | 90.2% | |
| 2 | Elementary and Secondary SchoolsNAICS 6111 | 9 | 3.8% | |
| 3 | Other Schools and InstructionNAICS 6116 | 5 | 2.1% | |
| 4 | Individual and Family ServicesNAICS 6241 | 5 | 2.1% | |
| 5 | Educational Support ServicesNAICS 6117 | 4 | 1.7% |
Approval sizes
- $50,000 or less1.3%3
- $50,001 to $150,00011.1%26
- $150,001 to $350,0006.4%15
- $350,001 to $1 million19.7%46
- $1 million to $2 million22.2%52
- Over $2 million39.3%92
Age of the businesses
- Existing, more than 2 years old30.3%71
- New business, 2 years or less18.8%44
- Startup, loan funds will open the business40.2%94
- Change of ownership10.7%25
Questions and answers
How many SBA loans go to The Goddard School franchises?
700 approvals since FY2010, worth $1.31bn; 234 in FY2021 to FY2025.
Which lenders make SBA loans for The Goddard School franchises?
By approvals in FY2021 to FY2025: Customers Bank (28), Wells Fargo Bank National Association (18), First National Bank of Pennsylvania (17), Live Oak Banking Company (15), Southern Bancorp Bank (14).
How large is a typical SBA loan for a The Goddard School franchise?
The average approval in FY2021 to FY2025 was $1.8M.
What share of The Goddard School SBA loans are charged off?
Of 427 disbursed loans approved in FY2010 to FY2021, 6 (1.4%) are recorded as charged off; for all SBA loans from those years the figure is 6.0%.
Are SBA loans to The Goddard School franchises rising?
Approvals in the three latest complete fiscal years total 133, against 169 in the three before: falling (-21%).
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