SBA 7(a)/504 FOIA · FY1991–PRESENT · PENNSYLVANIA
Mr. Electric franchise in Pennsylvania: what the public record shows
Franchisees of Mr. Electric in Pennsylvania have taken 9 SBA loans since 1991 (average $179,444)— 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 19.0% is the better guide.
Loans in PA
9
Resolved
4
Local charge-off
thin
National charge-off
19.0%
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.
Businesses in this industry
5,932
statewide, all operators
Per 100k residents
45.4
national 39.6
Versus the country
+15%
denser
Every business in Mr. Electric's industry operating in Pennsylvania — franchised and independent — from the Census Bureau's County Business Patterns (2023), against 2024 population estimates. Counter-intuitively, density is not a warning: across 198 brand-state cells in our loan data, the densest quartile charges off at 5.6% versus 18.1% in the thinnest. A crowded market is usually proven demand; an empty one is often empty for a reason.
| System | Loans in PA | Local charge-off | Units in PA |
|---|---|---|---|
| True Value Hardware | 19 | 18.2% | — |
| Ace Hardware | 11 | 20.0% | — |
| Snap-On Tools | 11 | 0.0% | — |
| Woodcraft | 10 | thin | — |
| Mr. Handyman | 9 | thin | — |
| EverLine Coatings and Services | 5 | thin | — |
| Five Star Bath Solutions | 5 | thin | — |
| MIGHTY DOG ROOFING | 5 | thin | — |
| SAM THE CONCRETE MAN | 5 | thin | — |
Same sector, same state, same public records — how Mr. Electric 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. An independent CPA is paid by you — and the job is pressure-testing Mr. Electric's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →