Franchise brands › Uptown Cheapskate
Franchise brand117 approvals since FY2011
SBA loans to Uptown Cheapskate 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 117 loan approvals since FY2011 under the Uptown Cheapskate franchise brand, worth $51.9M; 58 of them came in FY2021 to FY2025.
In FY2025 there were 15. The average approval in the five-year window was $538K, and 1 of the approvals were 504 loans.
15 lenders made the FY2021 to FY2025 loans across 21 states; the most active were Citizens Bank (16), KeyBank National Association (14) and Wells Fargo Bank National Association (13).
Of loans approved in FY2010 to FY2021 and disbursed, SBA records 5.2% as charged off, close to 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 | $8.2M | $680K | 0 | 126 |
| FY2025 | 15 | $10.1M | $676K | 0 | 217 |
| FY2024 | 6 | $3.7M | $623K | 1 | 73 |
| FY2023 | 10 | $5.1M | $505K | 0 | 194 |
| FY2022 | 12 | $5.5M | $455K | 0 | 246 |
| FY2021 | 15 | $6.8M | $453K | 0 | 319 |
| FY2020 | 10 | $3.6M | $361K | 1 | 151 |
| FY2019 | 6 | $1.7M | $278K | 0 | 102 |
| FY2018 | 5 | $1.4M | $279K | 0 | 88 |
| FY2017 | 6 | $1.5M | $251K | 0 | 96 |
| FY2016 | 5 | $1.3M | $256K | 0 | 28 |
SBA's franchise field lists the brand as "UPTOWN CHEAPSKATE"; "Uptown Cheapskate". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Uptown Cheapskate | All SBA loans |
|---|---|---|
| Approvals in these years | 62 | 725,496 |
| Cancelled or never disbursed | 4 | 91,827 |
| Disbursed loans | 58 | 633,669 |
| Paid in full | 32 | 471,304 |
| Charged off | 3 | 37,796 |
| Still outstanding (status exempt from disclosure) | 23 | 124,569 |
| Charged off, share of disbursed loans | 5.2% | 6.0% |
| Dollars charged off, share of disbursed dollars | 1.8% | 2.2% |
| Dollars charged off | $329K | $6.20bn |
Lenders
| # | Lender, FY2021–FY2025 | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Citizens BankElizabethton, TN | 16 | $7.8M | 27.6% | |
| 2 | KeyBank National AssociationCleveland, OH | 14 | $6.3M | 24.1% | |
| 3 | Wells Fargo Bank National AssociationSioux Falls, SD | 13 | $7.9M | 22.4% | |
| 4 | The Huntington National BankColumbus, OH | 4 | $878K | 6.9% | |
| 5 | b1BANKBaton Rouge, LA | 1 | — | 1.7% | |
| 6 | Live Oak Banking CompanyWilmington, NC | 1 | — | 1.7% | |
| 7 | First Bank of the LakeOsage Beach, MO | 1 | — | 1.7% | |
| 8 | Stellar BankHouston, TX | 1 | — | 1.7% | |
| 9 | 1st Source BankSouth Bend, IN | 1 | — | 1.7% | |
| 10 | Empire State Certified Development CorporationLatham, NY · CDC | 1 | — | 1.7% | |
| 11 | America First Federal Credit UnionRiverdale, UT | 1 | — | 1.7% | |
| 12 | United Community BankGreenville, SC | 1 | — | 1.7% | |
| 13 | Republic Bank & Trust CompanyLouisville, KY | 1 | — | 1.7% | |
| 14 | SouthState Bank, National AssociationWinter Haven, FL | 1 | — | 1.7% | |
| 15 | BancFirstOklahoma City, OK | 1 | — | 1.7% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | Texas | 18 | 31.0% | |
| 2 | Virginia | 6 | 10.3% | |
| 3 | Michigan | 5 | 8.6% | |
| 4 | Utah | 3 | 5.2% | |
| 5 | Georgia | 3 | 5.2% | |
| 6 | South Carolina | 3 | 5.2% | |
| 7 | Ohio | 2 | 3.4% | |
| 8 | Florida | 2 | 3.4% | |
| 9 | Arizona | 2 | 3.4% | |
| 10 | North Carolina | 2 | 3.4% | |
| 11 | California | 2 | 3.4% | |
| 12 | Indiana | 1 | 1.7% | |
| 13 | Minnesota | 1 | 1.7% | |
| 14 | Pennsylvania | 1 | 1.7% | |
| 15 | Oregon | 1 | 1.7% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Used Merchandise RetailersNAICS 4595 | 23 | 39.7% | |
| 2 | Clothing and Clothing Accessories RetailersNAICS 4581 | 15 | 25.9% | |
| 3 | Used Merchandise StoresNAICS 4533 | 11 | 19.0% | |
| 4 | Clothing StoresNAICS 4481 | 6 | 10.3% | |
| 5 | Other Miscellaneous RetailersNAICS 4599 | 1 | 1.7% |
Approval sizes
- $50,000 or less5.2%3
- $50,001 to $150,0003.4%2
- $150,001 to $350,0008.6%5
- $350,001 to $1 million79.3%46
- $1 million to $2 million3.4%2
Age of the businesses
- Existing, more than 2 years old6.9%4
- New business, 2 years or less10.3%6
- Startup, loan funds will open the business81.0%47
- Change of ownership1.7%1
Questions and answers
How many SBA loans go to Uptown Cheapskate franchises?
117 approvals since FY2011, worth $51.9M; 58 in FY2021 to FY2025.
Which lenders make SBA loans for Uptown Cheapskate franchises?
By approvals in FY2021 to FY2025: Citizens Bank (16), KeyBank National Association (14), Wells Fargo Bank National Association (13), The Huntington National Bank (4), b1BANK (1).
How large is a typical SBA loan for a Uptown Cheapskate franchise?
The average approval in FY2021 to FY2025 was $538K.
What share of Uptown Cheapskate SBA loans are charged off?
Of 58 disbursed loans approved in FY2010 to FY2021, 3 (5.2%) are recorded as charged off; for all SBA loans from those years the figure is 6.0%.
Are SBA loans to Uptown Cheapskate franchises rising?
Approvals in the three latest complete fiscal years total 31, against 37 in the three before: falling (-16%).
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