Franchise brands › The Grounds Guys
Franchise brand249 approvals since FY2013
SBA loans to The Grounds Guys 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 249 loan approvals since FY2013 under the The Grounds Guys franchise brand, worth $42.7M; 130 of them came in FY2021 to FY2025.
In FY2025 there were 13, down 55% on FY2024. The average approval in the five-year window was $182K, and 1 of the approvals were 504 loans.
10 lenders made the FY2021 to FY2025 loans across 33 states; the most active were United Midwest Savings Bank National Association (120), Glacier Bank (2) and Truliant FCU (1).
Of loans approved in FY2010 to FY2021 and disbursed, SBA records 27.7% 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* | 13 | $2.5M | $196K | 0 | 46 |
| FY2025 | 13 | $4.0M | $309K | 0 | 76 |
| FY2024 | 29 | $4.8M | $165K | 0 | 120 |
| FY2023 | 30 | $5.8M | $193K | 1 | 109 |
| FY2022 | 20 | $3.4M | $172K | 0 | 76 |
| FY2021 | 38 | $5.7M | $149K | 0 | 138 |
| FY2020 | 27 | $4.0M | $148K | 0 | 122 |
| FY2019 | 33 | $5.3M | $159K | 0 | 271 |
| FY2018 | 20 | $3.7M | $183K | 0 | 103 |
| FY2017 | 7 | $1.1M | $161K | 0 | 25 |
| FY2016 | 10 | $1.9M | $191K | 0 | 53 |
SBA's franchise field lists the brand as "THE GROUNDS GUYS"; "The Grounds Guys". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | The Grounds Guys | All SBA loans |
|---|---|---|
| Approvals in these years | 144 | 725,496 |
| Cancelled or never disbursed | 3 | 91,827 |
| Disbursed loans | 141 | 633,669 |
| Paid in full | 48 | 471,304 |
| Charged off | 39 | 37,796 |
| Still outstanding (status exempt from disclosure) | 54 | 124,569 |
| Charged off, share of disbursed loans | 27.7% | 6.0% |
| Dollars charged off, share of disbursed dollars | 20.6% | 2.2% |
| Dollars charged off | $4.5M | $6.20bn |
Lenders
| # | Lender, FY2021–FY2025 | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | United Midwest Savings Bank National AssociationDe Graff, OH | 120 | $17.9M | 92.3% | |
| 2 | Glacier BankKalispell, MT | 2 | — | 1.5% | |
| 3 | Truliant FCUWinston-Salem, NC | 1 | — | 0.8% | |
| 4 | First-Citizens Bank & Trust CompanyRaleigh, NC | 1 | — | 0.8% | |
| 5 | Cross River BankFort Lee, NJ | 1 | — | 0.8% | |
| 6 | Banc of CaliforniaLos Angeles, CA | 1 | — | 0.8% | |
| 7 | CSRA Local Development CorporationAugusta, GA · CDC | 1 | — | 0.8% | |
| 8 | Citizens BankElizabethton, TN | 1 | — | 0.8% | |
| 9 | BayFirst National BankSaint Petersburg, FL | 1 | — | 0.8% | |
| 10 | The Huntington National BankColumbus, OH | 1 | — | 0.8% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | Texas | 29 | 22.3% | |
| 2 | Florida | 16 | 12.3% | |
| 3 | Georgia | 10 | 7.7% | |
| 4 | North Carolina | 9 | 6.9% | |
| 5 | Washington | 6 | 4.6% | |
| 6 | Colorado | 5 | 3.8% | |
| 7 | Illinois | 5 | 3.8% | |
| 8 | Utah | 5 | 3.8% | |
| 9 | Tennessee | 4 | 3.1% | |
| 10 | Michigan | 4 | 3.1% | |
| 11 | Ohio | 4 | 3.1% | |
| 12 | California | 4 | 3.1% | |
| 13 | New York | 3 | 2.3% | |
| 14 | New Jersey | 2 | 1.5% | |
| 15 | New Hampshire | 2 | 1.5% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Services to Buildings and DwellingsNAICS 5617 | 130 | 100.0% |
Approval sizes
- $50,000 or less1.5%2
- $50,001 to $150,00093.1%121
- $150,001 to $350,0001.5%2
- $350,001 to $1 million2.3%3
- $1 million to $2 million1.5%2
Age of the businesses
- Existing, more than 2 years old6.2%8
- New business, 2 years or less1.5%2
- Startup, loan funds will open the business90.0%117
- Change of ownership2.3%3
Questions and answers
How many SBA loans go to The Grounds Guys franchises?
249 approvals since FY2013, worth $42.7M; 130 in FY2021 to FY2025.
Which lenders make SBA loans for The Grounds Guys franchises?
By approvals in FY2021 to FY2025: United Midwest Savings Bank National Association (120), Glacier Bank (2), Truliant FCU (1), First-Citizens Bank & Trust Company (1), Cross River Bank (1).
How large is a typical SBA loan for a The Grounds Guys franchise?
The average approval in FY2021 to FY2025 was $182K.
What share of The Grounds Guys SBA loans are charged off?
Of 141 disbursed loans approved in FY2010 to FY2021, 39 (27.7%) are recorded as charged off; for all SBA loans from those years the figure is 6.0%.
Are SBA loans to The Grounds Guys franchises rising?
Approvals in the three latest complete fiscal years total 72, against 85 in the three before: falling (-15%).
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