FRANCHISE·WATCH·DESK

SBA 7(a)/504 FOIA · FY1991–PRESENT · INDIANA

WILD BIRDS UNLIMITED franchise in Indiana: what the public record shows

Franchisees of WILD BIRDS UNLIMITED in Indiana have taken 10 SBA loans in the FY1991–present FOIA files (average $120,080). Fewer than 30 of them were approved through FY2020 and have resolved, so no local loss ratio is published. WILD BIRDS UNLIMITED's national ratio is 0.3×. Its latest FDD Item 20 state table reports 11 franchised outlets in Indiana (fiscal 2025) — about 0.16 per 100k residents.

SBA loan outcomes · Indianavs same-year franchise loans

Loans in IN

10

Charged off (all years)

0 of 7

Loss ratio in IN

—

Loss ratio nationally

0.3×

Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = IN. 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.

Franchised outlets in Indiana · FDD Item 20+0 over the disclosed window
Fiscal yearFranchisedCompany-owned
2023110
2024101
2025111
Same-sector systems with SBA loan history in Indiana12 systems
SystemLoans in INCharged off (all years)Loss ratio in INUnits in IN
Ace Hardware414 of 26——
Play It Again Sports182 of 12——
True Value Hardware120 of 9——
Once Upon a Child110 of 6——
WaterStation110 of 5——
General Nutrition Center100 of 7——
Computer Renaissance83 of 8——
Naturals2Go80 of 2——
Radioshack60 of 4——
Woodcraft60 of 4——
Crown Trophy50 of 3——
Golf Etc.54 of 5——

Other systems in WILD BIRDS UNLIMITED's sector whose franchisees borrowed in Indiana. A loss ratio appears only where at least 30 loans approved through FY2020 have resolved; “—” means too few.

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