SBA 7(a)/504 FOIA · FY1991–PRESENT · TENNESSEE
ANY LAB TEST NOW franchise in Tennessee: what the public record shows
Franchisees of ANY LAB TEST NOW in Tennessee have taken 5 SBA loans in the FY1991–present FOIA files (average $281,240). Fewer than 30 of them were approved through FY2020 and have resolved, so no local loss ratio is published. ANY LAB TEST NOW has too few seasoned resolved loans nationally for a national ratio. Its latest FDD Item 20 state table reports 8 franchised outlets in Tennessee (fiscal 2025) — about 0.11 per 100k residents.
Loans in TN
5
Charged off (all years)
—
Loss ratio in TN
—
Loss ratio nationally
—
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = TN. 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.
Businesses in this industry
592
statewide, all operators
Per 100k residents
8.2
national 11.6
Versus the country
-29%
thinner
Every business in ANY LAB TEST NOW's industry operating in Tennessee — franchised and independent — from the Census Bureau's County Business Patterns (2023), against 2024 population estimates. Counter-intuitively, density is not a warning: across the brand-state cells in the loan data, denser markets have historically charged off less often than the thinnest (see the research page). A crowded market is usually proven demand; an empty one is often empty for a reason.
Avg weekly wage, this industry
$1,095
Tennessee, BLS QCEW 2025
National average
$806
same industry, all states
Versus the country
+36%
costlier to staff
What ANY LAB TEST NOW's industry actually pays workers in Tennessee, from the Bureau of Labor Statistics' Quarterly Census of Employment and Wages (2025), employment-weighted across counties. This cost signal is independent of the FDD: a market can look demand-rich above and still carry a margin headwind here if local wages run hot for the sector.
| Fiscal year | Franchised | Company-owned |
|---|---|---|
| 2023 | 6 | — |
| 2024 | 7 | — |
| 2025 | 8 | — |
| System | Loans in TN | Charged off (all years) | Loss ratio in TN | Units in TN |
|---|---|---|---|---|
| MASSAGE ENVY | 9 | 0 of 5 | — | 23 |
| HEALTH MART | 6 | 0 of 3 | — | 100 |
| Restore Hyper Wellness | 6 | — | — | — |
| Medicine Shoppe | 5 | 0 of 4 | — | — |
Other systems in ANY LAB TEST NOW's sector whose franchisees borrowed in Tennessee. 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 ANY LAB TEST NOW’s numbers, including talking you out of a bad deal.