SBA 7(a)/504 FOIA · FY1991–PRESENT · PENNSYLVANIA
HOTWORX franchise in Pennsylvania: what the public record shows
Franchisees of HOTWORX in Pennsylvania have taken 12 SBA loans since 1991 (average $393,166)— 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 1.5% is the better guide. Its latest FDD Item 20 state table reports 12 franchised outlets in Pennsylvania (fiscal 2025) — about 0.09 per 100k residents.
Loans in PA
12
Resolved
1
Local charge-off
thin
National charge-off
1.5%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = PA. 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 | 6 | — |
| 2024 | 9 | — |
| 2025 | 12 | — |
| System | Loans in PA | Local charge-off | Units in PA |
|---|---|---|---|
| Subway | 335 | 7.9% | 550 |
| DAIRY QUEEN | 79 | 7.4% | — |
| Minuteman Press | 39 | 5.0% | — |
| EDIBLE ARRANGEMENTS | 31 | 4.2% | 32 |
| Home Instead | 29 | 0.0% | 41 |
| QUALITY INN | 29 | 0.0% | 49 |
| ECONO LODGE | 27 | 0.0% | 24 |
| Matco Tools | 27 | 26.1% | — |
| Sport Clips | 22 | 0.0% | 45 |
| MASSAGE ENVY | 20 | 0.0% | 23 |
| RODEWAY INN | 19 | thin | 20 |
| ALPHAGRAPHICS | 16 | 7.7% | 3 |
Same sector, same state, same public records — how HOTWORX compares to the systems a buyer in Pennsylvania 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. I'm paid by you — and the job is pressure-testing HOTWORX's numbers, including talking you out of a bad deal.