MASSACHUSETTS · SBA 7(a)/504 FOIA · FY1991–PRESENT
Franchises in Massachusetts: the loan record
Since 1991, banks have made 1,601 SBA-backed loans to franchisees of 112 different brands in Massachusetts. Of the loans already resolved, 10.3% were charged off — 30% below the national franchise baseline of 14.8%. This page is not a directory of who paid to be listed; it is what actually happened to the people who bought franchises here, according to the federal loan record.
1,601
SBA loans since 1991
112
Brands financed
10.3%
Local charge-off rate
22.4
Loans per 100k residents
| Sport Clips | 5 of 10 defaulted | 50.0%THIN |
| Orange Leaf | 4 of 10 defaulted | 40.0%THIN |
| Quiznos | 11 of 35 defaulted | 31.4% |
| CERTA PROPAINTERS | 2 of 11 defaulted | 18.2%THIN |
| Signarama | 2 of 11 defaulted | 18.2%THIN |
| Meineke | 3 of 18 defaulted | 16.7%THIN |
| Lapels Dry Cleaning | 2 of 13 defaulted | 15.4%THIN |
| Honey Dew Donuts | 6 of 46 defaulted | 13.0% |
| Subway | 20 of 164 defaulted | 12.2% |
| Comfort/ Comfort Inn & Suites/ Comfort Suites | 1 of 11 defaulted | 9.1%THIN |
| Domino's Pizza | 3 of 35 defaulted | 8.6% |
| Ben & Jerry'S Ice Cream | 1 of 16 defaulted | 6.3%THIN |
| Fitness Together | 1 of 20 defaulted | 5.0%THIN |
| Minuteman Press | 1 of 20 defaulted | 5.0%THIN |
| Mail Boxes Etc. Usa | 1 of 32 defaulted | 3.1% |
| THE UPS STORE NON-TRADITIONAL | 0 of 36 defaulted | 0.0% |
| SERVPRO | 0 of 24 defaulted | 0.0%THIN |
| Dunkin Donuts/Baskin-Robbins Co-Brand | 0 of 23 defaulted | 0.0%THIN |
| EDIBLE ARRANGEMENTS | 0 of 19 defaulted | 0.0%THIN |
| Home Instead | 0 of 16 defaulted | 0.0%THIN |
| Orangetheory | 0 of 13 defaulted | 0.0%THIN |
| Elements Therapeutic Massage | 0 of 11 defaulted | 0.0%THIN |
| Taylor Rental Center | 0 of 11 defaulted | 0.0%THIN |
| Planet Fitness | 0 of 10 defaulted | 0.0%THIN |
| Right at Home | 0 of 10 defaulted | 0.0%THIN |
| THE LITTLE GYM | 0 of 10 defaulted | 0.0%THIN |
| Mail Boxes Etc. Usa | 1 of 32 defaulted | 3.1% |
| Fitness Together | 1 of 20 defaulted | 5.0%THIN |
| Minuteman Press | 1 of 20 defaulted | 5.0%THIN |
| Ben & Jerry'S Ice Cream | 1 of 16 defaulted | 6.3%THIN |
Every SBA 7(a) and 504 loan in the FY1991–present FOIA files (data.sba.gov) whose borrower is matched to a franchise brand and whose borrower state is Massachusetts. Charge-off rate = charged-off ÷ (charged-off + paid-in-full); still-open loans never dilute the rate. A local rate prints only at 10+ resolved loans in-state, and is marked THIN below 30 — directional, not a verdict. Local conditions, lender mix, and era all sit inside these numbers; read a brand's national record and its FDD before concluding anything. Brand links lead to the full sourced profile; “local record” links to the brand's Massachusetts loan page.
A broker is paid by the franchisor to place you. I'm paid by you — and the job is pressure-testing the numbers, including talking you out of a bad deal.