SBA 7(a)/504 FOIA · FY1991–PRESENT · TENNESSEE
CERTA PROPAINTERS franchise in Tennessee: what the public record shows
Franchisees of CERTA PROPAINTERS in Tennessee have taken 6 SBA loans since 1991 (average $948,750)— too few resolved loans in-state to publish a local failure rate (we require a resolved cohort, never extrapolate), so the brand's national rate of 15.8% is the better guide. Its latest FDD Item 20 state table reports 7 franchised outlets in Tennessee (fiscal 2025) — about 0.1 per 100k residents.
Loans in TN
6
Resolved
2
Local charge-off
thin
National charge-off
15.8%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = TN. Charge-off rate = charged-off ÷ (charged-off + paid-in-full); open loans excluded. A local rate is published only when the resolved cohort clears our floor of 30 loans.
| Fiscal year | Franchised | Company-owned |
|---|---|---|
| 2023 | 7 | 0 |
| 2024 | 7 | 0 |
| 2025 | 7 | 0 |
| System | Loans in TN | Local charge-off | Units in TN |
|---|---|---|---|
| Subway | 49 | 2.4% | 524 |
| DAIRY QUEEN | 35 | 7.7% | — |
| Firehouse Subs | 18 | thin | 48 |
| Matco Tools | 18 | 68.8% | — |
| HOTWORX | 14 | thin | 26 |
| Sport Clips | 13 | 0.0% | 46 |
| MASSAGE ENVY | 9 | thin | 23 |
| Plato'S Closet | 9 | thin | — |
| Alphagraphics, Printshops of the Futu | 8 | thin | — |
| EDIBLE ARRANGEMENTS | 8 | thin | 7 |
| RODEWAY INN | 8 | thin | 15 |
| JERSEY MIKE'S | 7 | thin | 69 |
Same sector, same state, same public records — how CERTA PROPAINTERS compares to the systems a buyer in Tennessee would actually be choosing between. Local rates under 10 resolved loans are marked thin, not hidden.
A broker is paid by the franchisor to place you. An independent CPA is paid by you — and the job is pressure-testing CERTA PROPAINTERS's numbers, including talking you out of a bad deal.
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