SBA 7(a)/504 FOIA · FY1991–PRESENT · OHIO
Fresh Coat franchise in Ohio: what the public record shows
Franchisees of Fresh Coat in Ohio have taken 6 SBA loans in the FY1991–present FOIA files (average $404,000). Fewer than 30 of them were approved through FY2020 and have resolved, so no local loss ratio is published. Fresh Coat has too few seasoned resolved loans nationally for a national ratio. Its latest FDD Item 20 state table reports 15 franchised outlets in Ohio (fiscal 2025) — about 0.13 per 100k residents.
Loans in OH
6
Charged off (all years)
0 of 1
Loss ratio in OH
—
Loss ratio nationally
—
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
3,358
statewide, all operators
Per 100k residents
28.3
national 39.6
Versus the country
-29%
thinner
Every business in Fresh Coat'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
$1,246
Ohio, BLS QCEW 2025
National average
$1,252
same industry, all states
Versus the country
+0%
costlier to staff
What Fresh Coat'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.
| Fiscal year | Franchised | Company-owned |
|---|---|---|
| 2023 | 15 | 0 |
| 2024 | 13 | 0 |
| 2025 | 15 | 0 |
| System | Loans in OH | Charged off (all years) | Loss ratio in OH | Units in OH |
|---|---|---|---|---|
| Budget Blinds | 16 | 0 of 9 | — | — |
| CERTA PROPAINTERS | 16 | 0 of 14 | — | 9 |
| FCI | 13 | 0 of 4 | — | 13 |
| Two Men and a Truck | 10 | 0 of 4 | — | — |
| MOSQUITO JOE | 9 | 0 of 1 | — | 17 |
| Mr. Handyman | 9 | 2 of 4 | — | — |
| The Grounds Guys | 9 | 2 of 5 | — | — |
| redbox+ | 8 | 0 of 6 | — | — |
| 360 Painting | 6 | — | — | 4 |
| Bin There Dump That | 6 | 0 of 4 | — | — |
| BLINGLE! | 6 | 0 of 2 | — | 0 |
| JDOG JUNK REMOVAL & HAULING | 6 | 0 of 1 | — | — |
Other systems in Fresh Coat'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 Fresh Coat’s numbers, including talking you out of a bad deal.