Franchise brands › Visiting Angels
Franchise brand150 approvals since FY2010
SBA loans to Visiting Angels 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, 150 SBA loan approvals worth $78.5M carry the Visiting Angels franchise code, 63 of them in FY2021 to FY2025.
In FY2025 there were 16. The average approval in the five-year window was $720K.
21 lenders made the FY2021 to FY2025 loans across 18 states; the most active were CIBC Bank USA (12), Live Oak Banking Company (8) and Associated Bank National Association (7).
Of loans approved in FY2010 to FY2021 and disbursed, SBA records 2.5% 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* | 16 | $13.1M | $818K | 0 | 883 |
| FY2025 | 16 | $10.5M | $654K | 0 | 699 |
| FY2024 | 9 | $5.2M | $574K | 0 | 559 |
| FY2023 | 7 | $5.2M | $748K | 0 | 292 |
| FY2022 | 17 | $11.9M | $703K | 0 | 912 |
| FY2021 | 14 | $12.6M | $899K | 0 | 856 |
| FY2020 | 5 | $3.8M | $760K | 1 | 262 |
| FY2019 | 7 | $3.5M | $496K | 1 | 436 |
| FY2018 | 11 | $3.3M | $296K | 1 | 510 |
| FY2017 | 4 | $830K | $208K | 0 | 281 |
| FY2016 | 14 | $2.6M | $183K | 1 | 460 |
SBA's franchise field lists the brand as "VISITING ANGELS"; "Visiting Angels". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Visiting Angels | All SBA loans |
|---|---|---|
| Approvals in these years | 85 | 725,496 |
| Cancelled or never disbursed | 6 | 91,827 |
| Disbursed loans | 79 | 633,669 |
| Paid in full | 57 | 471,304 |
| Charged off | 2 | 37,796 |
| Still outstanding (status exempt from disclosure) | 20 | 124,569 |
| Charged off, share of disbursed loans | 2.5% | 6.0% |
| Dollars charged off, share of disbursed dollars | 0.1% | 2.2% |
| Dollars charged off | $39K | $6.20bn |
Lenders
| # | Lender, FY2021–FY2025 | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | CIBC Bank USAChicago, IL | 12 | $5.1M | 19.0% | |
| 2 | Live Oak Banking CompanyWilmington, NC | 8 | $4.9M | 12.7% | |
| 3 | Associated Bank National AssociationGreen Bay, WI | 7 | $7.2M | 11.1% | |
| 4 | The Huntington National BankColumbus, OH | 6 | $2.7M | 9.5% | |
| 5 | SouthState Bank, National AssociationWinter Haven, FL | 4 | $5.3M | 6.3% | |
| 6 | Old National BankEvansville, IN | 4 | $4.0M | 6.3% | |
| 7 | First Commonwealth BankIndiana, PA | 4 | $2.6M | 6.3% | |
| 8 | Byline BankChicago, IL | 2 | — | 3.2% | |
| 9 | Western Alliance BankPhoenix, AZ | 2 | — | 3.2% | |
| 10 | Consumers National BankMinerva, OH | 2 | — | 3.2% | |
| 11 | First Financial BankCincinnati, OH | 2 | — | 3.2% | |
| 12 | Manufacturers and Traders Trust CompanyBuffalo, NY | 1 | — | 1.6% | |
| 13 | First BankSouthern Pines, NC | 1 | — | 1.6% | |
| 14 | Merchants Bank of IndianaCarmel, IN | 1 | — | 1.6% | |
| 15 | Pinnacle BankNashville, TN | 1 | — | 1.6% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | Ohio | 20 | 31.7% | |
| 2 | Colorado | 6 | 9.5% | |
| 3 | Texas | 6 | 9.5% | |
| 4 | Minnesota | 4 | 6.3% | |
| 5 | Pennsylvania | 4 | 6.3% | |
| 6 | Massachusetts | 3 | 4.8% | |
| 7 | Florida | 3 | 4.8% | |
| 8 | Illinois | 3 | 4.8% | |
| 9 | Virginia | 2 | 3.2% | |
| 10 | California | 2 | 3.2% | |
| 11 | Nevada | 2 | 3.2% | |
| 12 | Washington | 2 | 3.2% | |
| 13 | Maryland | 1 | 1.6% | |
| 14 | New Hampshire | 1 | 1.6% | |
| 15 | Utah | 1 | 1.6% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Home Health Care ServicesNAICS 6216 | 48 | 76.2% | |
| 2 | Individual and Family ServicesNAICS 6241 | 12 | 19.0% | |
| 3 | Continuing Care Retirement Communities and Assisted Living Facilities for the ElderlyNAICS 6233 | 2 | 3.2% | |
| 4 | Other Personal ServicesNAICS 8129 | 1 | 1.6% |
Approval sizes
- $50,000 or less9.5%6
- $50,001 to $150,00022.2%14
- $150,001 to $350,00019.0%12
- $350,001 to $1 million22.2%14
- $1 million to $2 million17.5%11
- Over $2 million9.5%6
Age of the businesses
- Existing, more than 2 years old30.2%19
- New business, 2 years or less15.9%10
- Startup, loan funds will open the business6.3%4
- Change of ownership47.6%30
Questions and answers
How many SBA loans go to Visiting Angels franchises?
150 approvals since FY2010, worth $78.5M; 63 in FY2021 to FY2025.
Which lenders make SBA loans for Visiting Angels franchises?
By approvals in FY2021 to FY2025: CIBC Bank USA (12), Live Oak Banking Company (8), Associated Bank National Association (7), The Huntington National Bank (6), SouthState Bank, National Association (4).
How large is a typical SBA loan for a Visiting Angels franchise?
The average approval in FY2021 to FY2025 was $720K.
What share of Visiting Angels SBA loans are charged off?
Of 79 disbursed loans approved in FY2010 to FY2021, 2 (2.5%) are recorded as charged off; for all SBA loans from those years the figure is 6.0%.
Are SBA loans to Visiting Angels franchises rising?
Approvals in the three latest complete fiscal years total 32, against 36 in the three before: falling (-11%).
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