SBA 7(a)/504 FOIA · FY1991–PRESENT · OHIO
Cornwell Quality Tools franchise in Ohio: what the public record shows
Franchisees of Cornwell Quality Tools in Ohio have taken 14 SBA loans in the FY1991–present FOIA files (average $47,307). Fewer than 30 of them were approved through FY2020 and have resolved, so no local loss ratio is published. Cornwell Quality Tools's national ratio is 1.8×.
Loans in OH
14
Charged off (all years)
1 of 11
Loss ratio in OH
—
Loss ratio nationally
1.8×
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = OH. 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
3,601
statewide, all operators
Per 100k residents
30.3
national 30.2
Versus the country
+0%
denser
Every business in Cornwell Quality Tools's industry operating in Ohio — 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
$951
Ohio, BLS QCEW 2025
National average
$1,002
same industry, all states
Versus the country
-5%
cheaper to staff
What Cornwell Quality Tools's industry actually pays workers in Ohio, 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.
| System | Loans in OH | Charged off (all years) | Loss ratio in OH | Units in OH |
|---|---|---|---|---|
| Matco Tools | 37 | 14 of 35 | 2.1× | — |
| Snap-On | 23 | 4 of 22 | — | — |
| Aamco Transmissions | 22 | 2 of 17 | — | — |
| Sunoco Service Station | 20 | 1 of 19 | — | — |
| Meineke | 19 | 3 of 13 | — | — |
| LINE-X | 16 | 0 of 13 | — | 6 |
| Maaco | 16 | 4 of 13 | — | — |
| Tuffy Muffler Center | 13 | 4 of 10 | — | — |
| All Tune and Lube | 12 | 2 of 9 | — | — |
| Marathon Oil | 12 | 2 of 8 | — | — |
| Carstar | 11 | 1 of 7 | — | — |
| 1-800-Radiator & A/C | 9 | 2 of 5 | — | — |
Other systems in Cornwell Quality Tools's sector whose franchisees borrowed in Ohio. 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 Cornwell Quality Tools’ numbers, including talking you out of a bad deal.