P
SBA 7(a) franchise lending
Pennsylvania
PA
- Total loans
- 4,590
- Loan volume
- $2.0B
- Charge-off rate
- 13.6%
- Jobs created
- 61,661
Defaults
465
Avg interest
7.16%
Job velocity
3.1
per $100K loaned
Franchises active
1,290
Highest charge-off rates in Pennsylvania
| Franchise | Loans | State % | National % |
|---|---|---|---|
| All Tune And Lube | 8 | charge-off rate: 75.0% | 43.9% |
| Fitness Together | 6 | charge-off rate: 66.7% | 32.9% |
| Signarama | 5 | charge-off rate: 60.0% | 38.0% |
| Cold Stone Creamery, Inc. | 29 | charge-off rate: 58.6% | 33.9% |
| Play It Again Sports (retail S | 7 | charge-off rate: 57.1% | 16.2% |
| Huntington Learning Center | 7 | charge-off rate: 57.1% | 36.4% |
| Petland | 5 | charge-off rate: 40.0% | 44.2% |
| Petrucci's Dairy Barn | 5 | charge-off rate: 40.0% | 31.2% |
| Lee Myles Automotive Transmiss | 5 | charge-off rate: 40.0% | 19.2% |
| Meineke Car Care | 23 | charge-off rate: 39.1% | 28.3% |
Lowest charge-off rates in Pennsylvania
| Franchise | Loans | Default % |
|---|---|---|
| Wendy's | 6 | charge-off rate: 0.0% |
| Medicap Pharmacy | 9 | charge-off rate: 0.0% |
| MAACO Auto Painting Center | 9 | charge-off rate: 0.0% |
| Jackson Hewitt Tax Service | 5 | charge-off rate: 0.0% |
| Snap-On-Tools | 6 | charge-off rate: 0.0% |
| Carvel Ice Cream | 5 | charge-off rate: 0.0% |
| Slack's Hoagie Shack | 5 | charge-off rate: 0.0% |
| Kid To Kid | 5 | charge-off rate: 0.0% |
| Signs By Tomorrow | 9 | charge-off rate: 0.0% |
| Auntie Ann's (soft Pretzels) | 22 | charge-off rate: 0.0% |
Industry performance (NAICS)
| Industry (NAICS) | Loans | Volume | Default % | Risk |
|---|---|---|---|---|
| Limited-Service Restaurants722211 | 454 | $92.6M | charge-off rate: 19.6% | |
| Limited-Service Restaurants722513 | 343 | $137.7M | charge-off rate: 9.8% | |
| Hotels & Motels721110 | 243 | $609.3M | charge-off rate: 5.8% | |
| Fitness & Recreational Sports713940 | 233 | $95.6M | charge-off rate: 16.1% | |
| Full-Service Restaurants722110 | 129 | $26.8M | charge-off rate: 13.3% | |
| 722213722213 | 111 | $24.5M | charge-off rate: 29.4% | |
| Child Day Care Services624410 | 108 | $123.9M | charge-off rate: 0.0% | |
| Snack & Beverage Bars722515 | 99 | $35.8M | charge-off rate: 2.3% | |
| Other Personal Care Services812199 | 95 | $33.5M | charge-off rate: 12.3% | |
| Full-Service Restaurants722511 | 92 | $42.9M | charge-off rate: 12.0% |
Franchise lending volume by year
18'92
31
45
97
92
88'97
91
76
87
94
158'02
186
214
223
154
153'07
118
55
56
62
80'12
111
145
184
182
168'17
241
219
131
234
196'22
203
174
179
45'26
Pennsylvania charge-off rate by loan vintage
BrandNational avg
Shaded area: recent vintages with few resolved loans; rates may change as loans mature.
Source: SBA 7(a) FOIA loan-level data, aggregated by FranchiseVerdict
Charge-off rate = charge-offs / (charge-offs + paid-in-full). Active, exempt, and cancelled loans are excluded. Job velocity = jobs created per $100K loaned.
Frequently asked questions
- How many SBA 7(a) franchise loans has Pennsylvania received?
- 4,590 loans totaling $2008.4M, with 465 charged off. The statewide charge-off rate is 13.6%.
- What is a charge-off rate and how should I interpret it?
- Charge-off rate = charge-offs / (charge-offs + paid-in-full). For SBA 7(a) franchise lending, the national average runs 5–8%. Rates materially above that suggest higher-risk franchise selection or weaker borrower vetting in this state.
- Which franchise brands perform best and worst in Pennsylvania?
- The “Highest charge-off rates” and “Lowest charge-off rates” tables above rank the franchise brands operating in Pennsylvania by their statewide loan performance. Click any brand for full FDD-disclosed financials and nationwide SBA history.
- Where does this lending data come from?
- SBA 7(a) loan records released under the Freedom of Information Act. Each record carries approval date, amount, lender, business type, NAICS code, location, and outcome. See methodology.