SBA 7(a)/504 FOIA · FY1991–PRESENT · NORTH CAROLINA
PRIMROSE SCHOOLS franchise in North Carolina: what the public record shows
Franchisees of PRIMROSE SCHOOLS in North Carolina have taken 57 SBA loans in the FY1991–present FOIA files (average $1,910,495). Fewer than 30 of them were approved through FY2020 and have resolved, so no local loss ratio is published. PRIMROSE SCHOOLS's national ratio is 0.1×. Its latest FDD Item 20 state table reports 26 franchised outlets in North Carolina (fiscal 2025) — about 0.24 per 100k residents.
Loans in NC
57
Charged off (all years)
0 of 27
Loss ratio in NC
—
Loss ratio nationally
0.1×
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = NC. 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
2,826
statewide, all operators
Per 100k residents
25.6
national 26.5
Versus the country
-3%
thinner
Every business in PRIMROSE SCHOOLS's industry operating in North Carolina — 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
$612
North Carolina, BLS QCEW 2025
National average
$645
same industry, all states
Versus the country
-5%
cheaper to staff
What PRIMROSE SCHOOLS's industry actually pays workers in North Carolina, 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 | 25 | 0 |
| 2024 | 25 | 0 |
| 2025 | 26 | 0 |
| System | Loans in NC | Charged off (all years) | Loss ratio in NC | Units in NC |
|---|---|---|---|---|
| The Goddard School | 45 | 2 of 20 | — | — |
| Kiddie Academy | 30 | 0 of 20 | — | — |
| SYLVAN LEARNING | 19 | 3 of 17 | — | 29 |
| Kids R Kids | 16 | 1 of 15 | — | — |
| The Learning Experience | 12 | 1 of 9 | — | — |
| THE LITTLE GYM | 11 | 0 of 7 | — | — |
| Childrens Lighthouse | 10 | 0 of 6 | — | — |
| Ivybrook Academy | 8 | 0 of 3 | — | 0 |
| Huntington Learning Center | 7 | 1 of 7 | — | — |
| AQUA-TOTS SWIM SCHOOLS | 6 | 0 of 5 | — | 6 |
| School of Rock | 6 | 0 of 3 | — | — |
Other systems in PRIMROSE SCHOOLS's sector whose franchisees borrowed in North Carolina. 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 PRIMROSE SCHOOLS’ numbers, including talking you out of a bad deal.