SBA 7(a)/504 FOIA · FY1991–PRESENT · WASHINGTON
BRICKS AND MINFIGS franchise in Washington: what the public record shows
Franchisees of BRICKS AND MINFIGS in Washington have taken 7 SBA loans in the FY1991–present FOIA files (average $196,371). Fewer than 30 of them were approved through FY2020 and have resolved, so no local loss ratio is published. BRICKS AND MINFIGS has too few seasoned resolved loans nationally for a national ratio. Its latest FDD Item 20 state table reports 8 franchised outlets in Washington (fiscal 2025) — about 0.1 per 100k residents.
Loans in WA
7
Charged off (all years)
1 of 2
Loss ratio in WA
—
Loss ratio nationally
—
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = WA. 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.
| Fiscal year | Franchised | Company-owned |
|---|---|---|
| 2015 | 1 | 0 |
| 2016 | 2 | 0 |
| 2017 | 4 | 0 |
| 2023 | 2 | — |
| 2024 | 6 | — |
| 2025 | 8 | — |
| System | Loans in WA | Charged off (all years) | Loss ratio in WA | Units in WA |
|---|---|---|---|---|
| Ace Hardware | 48 | 3 of 32 | 0.7×NOT CLEAR | — |
| Play It Again Sports | 15 | 2 of 12 | — | — |
| Coast-to-Coast Store | 11 | 2 of 11 | — | — |
| WaterStation | 10 | 0 of 8 | — | — |
| Cartridge World | 6 | 0 of 5 | — | — |
| Computer Renaissance | 6 | 1 of 4 | — | — |
| True Value Hardware | 6 | 1 of 5 | — | — |
| WILD BIRDS UNLIMITED | 6 | 0 of 5 | — | 16 |
| Naturals2Go | 5 | — | — | — |
| Plato'S Closet | 5 | 0 of 4 | — | — |
| Sears Catalog Store | 5 | 0 of 4 | — | — |
Other systems in BRICKS AND MINFIGS's sector whose franchisees borrowed in Washington. 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 BRICKS AND MINFIGS’ numbers, including talking you out of a bad deal.