SBA 7(a)/504 FOIA · FY1991–PRESENT · MASSACHUSETTS
24 Seven Vending franchise in Massachusetts: what the public record shows
Franchisees of 24 Seven Vending in Massachusetts have taken 8 SBA loans in the FY1991–present FOIA files (average $156,100). Fewer than 30 of them were approved through FY2020 and have resolved, so no local loss ratio is published. 24 Seven Vending's national ratio is 2.1×.
Loans in MA
8
Charged off (all years)
3 of 6
Loss ratio in MA
—
Loss ratio nationally
2.1×
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = MA. Loss ratio = charge-offs among loans approved through FY2020 ÷ the charge-offs expected if each had defaulted at the national rate for franchise loans approved the same year; 1.0× is the same. Only charged-off and paid-in-full loans count. A ratio is shown at 30+ such loans; “not clear” marks a ratio chance alone could produce. The all-years count mixes every era and is evidence, not a rate to compare. Borrowers are matched to the brand by name and SBA franchise code; some matches may be wrong or missing.
| System | Loans in MA | Charged off (all years) | Loss ratio in MA | Units in MA |
|---|---|---|---|---|
| Ace Hardware | 15 | 0 of 7 | — | — |
| Taylor Rental Center | 13 | 0 of 11 | — | — |
| Play It Again Sports | 11 | 0 of 9 | — | — |
| Kabloom | 9 | 1 of 8 | — | — |
| Children'S Orchard (Retail Clothing) | 8 | 0 of 8 | — | — |
| True Value Hardware | 8 | 0 of 4 | — | — |
Other systems in 24 Seven Vending's sector whose franchisees borrowed in Massachusetts. A loss ratio appears only where at least 30 loans approved through FY2020 have resolved; “—” means too few.
A broker is usually paid by the franchisor to place you. I'm paid only by you, never by a franchisor you're considering — and the job is pressure-testing 24 Seven Vending’s numbers, including talking you out of a bad deal.