![Closet Factory (the) logo](https://cdn.brandfetch.io/closetfactory.com/w/128/h/128/fallback/lettermark?c=<img src="https://cdn.brandfetch.io/domain/apple.com?c=1idsvcTjLv919Ax0E2s" alt="Logo by Brandfetch" />)
D#4,414 of 5,063
23
Risk
D77/100
SBA Loan Data Only
This franchise has SBA 7(a) lending history but no Franchise Disclosure Document (FDD) on file. Investment costs, revenue, fees, and contract terms are not available. The Verdict score is based solely on SBA loan performance data.
SBA loans
41
Loan volume
$8.2M
Default rate
29.3%
vs <3% typical
Avg loan
$201K
Lenders
10
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
Total loans
41
Loan volume
$8.2M
Median loan
$142K
50th percentile
Default rate
29.3%
vs <3% typical · system-wide
Repayment rate (PIF)
70.7%
5-yr default
—
Loans approved 2021+
Active lenders
10
Defaults
12
Explore lender portfolios on Bank Reports or regional data on State Reports.
Vintage analysis
Closet Factory (the) default rate by loan vintage
BrandNational avg
Lending insight
A 29.3% default rate means roughly 1 in 3 franchisees failed to repay their SBA loan. Investigate what changed.
FranchiseVerdict rating · based on SBA data
Risk & Legal
77
Risk · 0-100
D29Risk score 77
Low confidence±12 pts
6589