SBA 7(a)/504 FOIA · FY1991–PRESENT · WEST VIRGINIA
Ace Hardware franchise in West Virginia: what the public record shows
Franchisees of Ace Hardware in West Virginia have taken 9 SBA loans in the FY1991–present FOIA files (average $395,177). Fewer than 30 of them were approved through FY2020 and have resolved, so no local loss ratio is published. Ace Hardware's national ratio is 0.8×.
Loans in WV
9
Charged off (all years)
1 of 8
Loss ratio in WV
—
Loss ratio nationally
0.8×
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = WV. 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.
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 Ace Hardware’s numbers, including talking you out of a bad deal.