SBA 7(a)/504 FOIA · FY1991–PRESENT · ILLINOIS
PETLAND franchise in Illinois: what the public record shows
Franchisees of PETLAND in Illinois have taken 18 SBA loans since 1991 (average $449,975), and of the 18 loans whose story has ended, 44.4% were charged off — versus 41.0% for PETLAND nationally and 14.8% across all rateable franchise brands. Its latest FDD Item 20 state table reports 3 franchised outlets in Illinois (fiscal 2025) — about 0.02 per 100k residents.
Loans in IL
18
Resolved
18
Local charge-off
44.4%
National charge-off
41.0%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = IL. 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.
| Fiscal year | Franchised | Company-owned |
|---|---|---|
| 2023 | 3 | — |
| 2024 | 3 | — |
| 2025 | 3 | — |
| System | Loans in IL | Local charge-off | Units in IL |
|---|---|---|---|
| Subway | 303 | 8.9% | 811 |
| DAIRY QUEEN | 129 | 16.0% | — |
| Sport Clips | 40 | 0.0% | 109 |
| MASSAGE ENVY | 39 | 6.3% | 45 |
| QUALITY INN | 37 | 11.8% | 51 |
| JERSEY MIKE'S | 34 | 0.0% | 106 |
| Fastsigns | 29 | 18.8% | — |
| ALPHAGRAPHICS | 25 | 31.8% | 14 |
| SERVICEMASTER RESTORE | 24 | 10.5% | 123 |
| Signarama | 24 | thin | — |
| EDIBLE ARRANGEMENTS | 22 | 31.3% | 29 |
| Matco Tools | 22 | 15.0% | — |
Same sector, same state, same public records — how PETLAND compares to the systems a buyer in Illinois 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 PETLAND's numbers, including talking you out of a bad deal.