![Merle Norman Cosmetics logo](https://cdn.brandfetch.io/merlenormancosmetics.com/w/128/h/128/fallback/lettermark?c=<img src="https://cdn.brandfetch.io/domain/apple.com?c=1idsvcTjLv919Ax0E2s" alt="Logo by Brandfetch" />)
D#3,563 of 5,063
33
Risk
D67/100
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
158
Loan volume
$11.3M
Default rate
20.0%
vs <3% typical
Avg loan
$72K
Lenders
87
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
Total loans
158
Loan volume
$11.3M
Median loan
$56K
50th percentile
Default rate
20.0%
vs <3% typical · system-wide
Repayment rate (PIF)
80.0%
5-yr default
—
Loans approved 2021+
Active lenders
87
Defaults
31
Explore lender portfolios on Bank Reports or regional data on State Reports.
Vintage analysis
Merle Norman Cosmetics default rate by loan vintage
BrandNational avg
Lending insight
A 20.0% default rate means roughly 1 in 5 franchisees failed to repay their SBA loan. Investigate what changed.
FranchiseVerdict rating · based on SBA data
Risk & Legal
67
Risk · 0-100
C41Risk score 67
Low confidence±12 pts
5579