SBA 7(a)/504 FOIA · FY1991–PRESENT · MASSACHUSETTS
Signarama franchise in Massachusetts: what the public record shows
Franchisees of Signarama in Massachusetts have taken 18 SBA loans since 1991 (average $190,911), and of the 11 loans whose story has ended, 18.2% were charged off — versus 29.5% for Signarama nationally and 14.8% across all rateable franchise brands.
Loans in MA
18
Resolved
11
Local charge-off
18.2%
National charge-off
29.5%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = MA. 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 MA | Local charge-off | Units in MA |
|---|---|---|---|
| Subway | 186 | 12.2% | 257 |
| EDIBLE ARRANGEMENTS | 26 | 0.0% | 24 |
| Minuteman Press | 24 | 5.0% | — |
| Home Instead | 23 | 0.0% | 17 |
| CERTA PROPAINTERS | 15 | 18.2% | 13 |
| ECONO LODGE | 13 | thin | 5 |
| Taylor Rental Center | 13 | 0.0% | — |
| CRUMBL | 12 | thin | 21 |
| Right at Home | 12 | 0.0% | 13 |
| DAIRY QUEEN | 11 | thin | — |
| JERSEY MIKE'S | 11 | thin | 56 |
| Matco Tools | 11 | thin | — |
Same sector, same state, same public records — how Signarama compares to the systems a buyer in Massachusetts 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 Signarama's numbers, including talking you out of a bad deal.