SBA 7(a)/504 FOIA · FY1991–PRESENT · MICHIGAN
EverLine Coatings and Services franchise in Michigan: what the public record shows
Franchisees of EverLine Coatings and Services in Michigan have taken 5 SBA loans in the FY1991–present FOIA files (average $204,400). Fewer than 30 of them were approved through FY2020 and have resolved, so no local loss ratio is published. EverLine Coatings and Services has too few seasoned resolved loans nationally for a national ratio.
Loans in MI
5
Charged off (all years)
—
Loss ratio in MI
—
Loss ratio nationally
—
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = MI. 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
754
statewide, all operators
Per 100k residents
7.4
national 8.1
Versus the country
-9%
thinner
Every business in EverLine Coatings and Services's industry operating in Michigan — 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
$1,382
Michigan, BLS QCEW 2025
National average
$1,212
same industry, all states
Versus the country
+14%
costlier to staff
What EverLine Coatings and Services's industry actually pays workers in Michigan, 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 MI | Charged off (all years) | Loss ratio in MI | Units in MI |
|---|---|---|---|---|
| THE UPS STORE (TRADITIONAL) | 50 | 3 of 28 | — | 134 |
| Mail Boxes Etc. Usa | 29 | 2 of 25 | — | — |
| Fedex Ground | 18 | 0 of 16 | — | — |
| Ameriprise Financial Services | 10 | 0 of 4 | — | — |
| Fastsigns | 9 | 2 of 6 | — | — |
| Signarama | 9 | 2 of 9 | — | — |
| Express Personnel Services | 8 | 0 of 5 | — | — |
| Signs By Tomorrow | 8 | 2 of 6 | — | — |
| State Farm Insurance | 8 | 1 of 7 | — | — |
| Allstate Insurance | 7 | 0 of 5 | — | — |
| Minuteman Press | 7 | 1 of 2 | — | — |
| Aim Mail Center | 6 | 2 of 5 | — | — |
Other systems in EverLine Coatings and Services's sector whose franchisees borrowed in Michigan. 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 EverLine Coatings and Services’ numbers, including talking you out of a bad deal.