SBA 7(a)/504 FOIA · FY1991–PRESENT · VIRGINIA
Matco Tools franchise in Virginia: what the public record shows
Franchisees of Matco Tools in Virginia have taken 12 SBA loans since 1991 (average $75,750), and of the 10 loans whose story has ended, 10.0% were charged off — versus 34.7% for Matco Tools nationally and 14.8% across all rateable franchise brands.
Loans in VA
12
Resolved
10
Local charge-off
10.0%
National charge-off
34.7%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = VA. 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.
| System | Loans in VA | Local charge-off | Units in VA |
|---|---|---|---|
| Subway | 90 | 0.0% | 547 |
| DAIRY QUEEN | 38 | 24.0% | — |
| Firehouse Subs | 31 | 5.3% | 57 |
| Fastsigns | 17 | 15.4% | — |
| CERTA PROPAINTERS | 14 | thin | 17 |
| EDIBLE ARRANGEMENTS | 14 | 30.0% | 26 |
| MASSAGE ENVY | 14 | 10.0% | 37 |
| Rainbow Restoration | 14 | thin | — |
| HOTWORX | 12 | thin | 13 |
| Plato'S Closet | 12 | thin | — |
| Home Instead | 11 | thin | 15 |
| SERVICEMASTER RESTORE | 11 | thin | 50 |
Same sector, same state, same public records — how Matco Tools compares to the systems a buyer in Virginia 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 Matco Tools's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →