SBA 7(a)/504 FOIA · FY1991–PRESENT · MINNESOTA
SERVPRO franchise in Minnesota: what the public record shows
Franchisees of SERVPRO in Minnesota have taken 26 SBA loans in the FY1991–present FOIA files (average $229,207). Fewer than 30 of them were approved through FY2020 and have resolved, so no local loss ratio is published. SERVPRO's national ratio is 0.5×. Its latest FDD Item 20 state table reports 53 franchised outlets in Minnesota (fiscal 2025) — about 0.91 per 100k residents.
Loans in MN
26
Charged off (all years)
2 of 21
Loss ratio in MN
—
Loss ratio nationally
0.5×
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = MN. 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
1,554
statewide, all operators
Per 100k residents
26.8
national 26.7
Versus the country
+0%
denser
Every business in SERVPRO's industry operating in Minnesota — 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
$652
Minnesota, BLS QCEW 2025
National average
$659
same industry, all states
Versus the country
-1%
cheaper to staff
What SERVPRO's industry actually pays workers in Minnesota, 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 |
|---|---|---|
| 2014 | 0 | 0 |
| 2015 | 0 | 0 |
| 2016 | 0 | 0 |
| 2023 | 44 | 0 |
| 2024 | 49 | 0 |
| 2025 | 53 | 0 |
| System | Loans in MN | Charged off (all years) | Loss ratio in MN | Units in MN |
|---|---|---|---|---|
| SERVICEMASTER RESTORE | 15 | 0 of 13 | — | 71 |
| THE CLEANING AUTHORITY | 8 | 0 of 6 | — | 3 |
| Fish Window Cleaning | 6 | 0 of 3 | — | — |
| Paul Davis Restoration | 5 | 0 of 1 | — | 5 |
Other systems in SERVPRO's sector whose franchisees borrowed in Minnesota. 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 SERVPRO’s numbers, including talking you out of a bad deal.