SBA 7(a)/504 FOIA · FY1991–PRESENT · COLORADO
WaterStation franchise in Colorado: what the public record shows
Franchisees of WaterStation in Colorado have taken 5 SBA loans in the FY1991–present FOIA files (average $362,820). Fewer than 30 of them were approved through FY2020 and have resolved, so no local loss ratio is published. WaterStation's national ratio is 0.3× (not clearly different from 1.0×).
Loans in CO
5
Charged off (all years)
0 of 5
Loss ratio in CO
—
Loss ratio nationally (not clear)
0.3×
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = CO. 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.
| System | Loans in CO | Charged off (all years) | Loss ratio in CO | Units in CO |
|---|---|---|---|---|
| Ace Hardware | 45 | 1 of 25 | — | — |
| FLOWERAMA | 13 | 0 of 11 | — | — |
| True Value Hardware | 13 | 0 of 10 | — | — |
| BRICKS AND MINFIGS | 9 | 0 of 1 | — | 11 |
| Naturals2Go | 9 | 1 of 3 | — | — |
| Great Frame (the) | 8 | 1 of 7 | — | — |
| Play It Again Sports | 7 | 0 of 5 | — | — |
| Sears Catalog Store | 7 | 1 of 7 | — | — |
| HobbyTown | 6 | 0 of 4 | — | — |
| Once Upon a Child | 6 | 0 of 4 | — | — |
| Premier Rental Purchase | 6 | 4 of 6 | — | — |
| Foot Solutions | 5 | 2 of 5 | — | — |
Other systems in WaterStation's sector whose franchisees borrowed in Colorado. 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 WaterStation’s numbers, including talking you out of a bad deal.