RANKED · 306 BRANDS QUALIFY · SBA 7(a)/504 FOIA · FY1991–PRESENT

Which franchises show the largest drop in distinct SBA lenders?

Ranked by the steepest drop in the number of distinct banks making SBA loans to the brand's franchisees — fiscal 2021-and-later approvals against 2016–2020. A drop can mean fewer franchise sales, buyers using conventional financing, a change in how the SBA codes the brand, or lender caution; this list does not tell you which.

Top 50Distinct lenders FY21+ vs FY16–20

#	Brand	Distinct lenders FY21+ vs FY16–20	Record	SBA loans
1	Freshii	−96%	1 lenders FY21+ vs 24 FY16–20 · 1 loans since FY2021	43
2	SERVICEMASTER CLEAN	−95%	1 lenders FY21+ vs 20 FY16–20 · 1 loans since FY2021	84
3	Planet Fitness	−95%	1 lenders FY21+ vs 19 FY16–20 · 4 loans since FY2021	173
4	I LOVE KICKBOXING	−93%	2 lenders FY21+ vs 30 FY16–20 · 2 loans since FY2021	119
5	Bishops	−93%	1 lenders FY21+ vs 14 FY16–20 · 1 loans since FY2021	40
6	Which Wich	−93%	3 lenders FY21+ vs 40 FY16–20 · 5 loans since FY2021	204
7	Experimac	−90%	1 lenders FY21+ vs 10 FY16–20 · 2 loans since FY2021	82
8	Valvoline Instant Oil Change	−89%	1 lenders FY21+ vs 9 FY16–20 · 3 loans since FY2021	96
9	Pinot's Palette	−87%	2 lenders FY21+ vs 15 FY16–20 · 5 loans since FY2021	49
10	UFC GYM	−85%	2 lenders FY21+ vs 13 FY16–20 · 3 loans since FY2021	31
11	Zoup	−85%	2 lenders FY21+ vs 13 FY16–20 · 5 loans since FY2021	96
12	Honest-1	−84%	3 lenders FY21+ vs 19 FY16–20 · 3 loans since FY2021	85
13	Orange Leaf	−84%	3 lenders FY21+ vs 19 FY16–20 · 4 loans since FY2021	106
14	Tutor Doctor	−80%	2 lenders FY21+ vs 10 FY16–20 · 8 loans since FY2021	84
15	9ROUND	−79%	8 lenders FY21+ vs 38 FY16–20 · 10 loans since FY2021	118
16	PITA PIT	−79%	4 lenders FY21+ vs 19 FY16–20 · 7 loans since FY2021	161
17	Knights Inn	−76%	8 lenders FY21+ vs 34 FY16–20 · 12 loans since FY2021	203
18	Painting With a Twist	−76%	5 lenders FY21+ vs 21 FY16–20 · 12 loans since FY2021	68
19	Holiday Inn	−76%	9 lenders FY21+ vs 37 FY16–20 · 31 loans since FY2021	494
20	SMARTSTYLE	−75%	4 lenders FY21+ vs 16 FY16–20 · 5 loans since FY2021	75
21	GOLD'S GYM	−75%	3 lenders FY21+ vs 12 FY16–20 · 9 loans since FY2021	245
22	Buffalo Wings & Rings	−75%	2 lenders FY21+ vs 8 FY16–20 · 4 loans since FY2021	73
23	Fantastic Sams	−73%	7 lenders FY21+ vs 26 FY16–20 · 9 loans since FY2021	539
24	TITLE BOXING CLUB	−73%	7 lenders FY21+ vs 26 FY16–20 · 8 loans since FY2021	99
25	WINGS ETC.	−73%	3 lenders FY21+ vs 11 FY16–20 · 8 loans since FY2021	73
26	H&R Block	−71%	10 lenders FY21+ vs 35 FY16–20 · 16 loans since FY2021	150
27	Yogurtland	−71%	5 lenders FY21+ vs 17 FY16–20 · 5 loans since FY2021	82
28	MASSAGE ENVY	−70%	15 lenders FY21+ vs 50 FY16–20 · 20 loans since FY2021	598
29	COSTA VIDA FRESH MEXICAN GRILL	−70%	3 lenders FY21+ vs 10 FY16–20 · 3 loans since FY2021	33
30	FARRELL'S EXTREME BODYSHAPING	−70%	3 lenders FY21+ vs 10 FY16–20 · 4 loans since FY2021	28
31	Century 21	−68%	6 lenders FY21+ vs 19 FY16–20 · 14 loans since FY2021	212
32	Retrofitness	−68%	6 lenders FY21+ vs 19 FY16–20 · 8 loans since FY2021	129
33	Hawthorne Suites Franchising	−67%	4 lenders FY21+ vs 12 FY16–20 · 9 loans since FY2021	70
34	SUPERCUTS	−64%	13 lenders FY21+ vs 36 FY16–20 · 19 loans since FY2021	287
35	Frenchies	−64%	4 lenders FY21+ vs 11 FY16–20 · 8 loans since FY2021	34
36	Mellow Mushroom	−63%	7 lenders FY21+ vs 19 FY16–20 · 13 loans since FY2021	203
37	Dickey'S Barbeque	−62%	20 lenders FY21+ vs 53 FY16–20 · 62 loans since FY2021	403
38	Howard Johnson	−61%	9 lenders FY21+ vs 23 FY16–20 · 12 loans since FY2021	353
39	MENCHIE'S	−58%	15 lenders FY21+ vs 36 FY16–20 · 40 loans since FY2021	267
40	Advantaclean	−58%	5 lenders FY21+ vs 12 FY16–20 · 9 loans since FY2021	60
41	Fitness Together	−57%	6 lenders FY21+ vs 14 FY16–20 · 8 loans since FY2021	140
42	Row House	−56%	7 lenders FY21+ vs 16 FY16–20 · 10 loans since FY2021	55
43	Healthsource Chiropractic	−56%	11 lenders FY21+ vs 25 FY16–20 · 32 loans since FY2021	126
44	Hardware Hank	−56%	4 lenders FY21+ vs 9 FY16–20 · 4 loans since FY2021	103
45	HUDDLE HOUSE	−56%	4 lenders FY21+ vs 9 FY16–20 · 5 loans since FY2021	138
46	Red Carpet Inn	−56%	4 lenders FY21+ vs 9 FY16–20 · 5 loans since FY2021	65
47	Kids R Kids	−55%	10 lenders FY21+ vs 22 FY16–20 · 28 loans since FY2021	331
48	Padgett Business Service	−55%	5 lenders FY21+ vs 11 FY16–20 · 9 loans since FY2021	65
49	Orangetheory	−54%	27 lenders FY21+ vs 59 FY16–20 · 61 loans since FY2021	465
50	Snap Fitness	−54%	22 lenders FY21+ vs 48 FY16–20 · 35 loans since FY2021	327

No SBA loans at all since FY202114 brands · not ranked

These brands had at least 8 distinct SBA lenders in FY2016–2020 and no SBA loans recorded since. Check whether the SBA now codes the brand under a new name before reading anything into it. Marked ✓ where we hold a current FDD showing franchised units still operating.

Comfort/ Comfort Inn & Suites/ Comfort Suites — 55 lenders FY16–20 · last SBA loan FY2018
Burgerim — 51 lenders FY16–20 · last SBA loan FY2020
Bright Star Healthcare/Brightstar — 22 lenders FY16–20 · last SBA loan FY2018
True Value Hardware — 16 lenders FY16–20 · last SBA loan FY2018
Elements Therapeutic Massage — 15 lenders FY16–20 · last SBA loan FY2018
Complete Nutrition — 13 lenders FY16–20 · last SBA loan FY2018
Doctors Express — 12 lenders FY16–20 · last SBA loan FY2018
Mathnasium Centers — 11 lenders FY16–20 · last SBA loan FY2018 · ✓ current FDD, units operating
WE ROCK THE SPECTRUM KID'S GYM FOR ALL KIDS — 11 lenders FY16–20 · last SBA loan FY2017 · ✓ current FDD, units operating
Baja Fresh Mexican Grill — 10 lenders FY16–20 · last SBA loan FY2020
General Nutrition Center — 10 lenders FY16–20 · last SBA loan FY2018
Napa Auto Parts — 10 lenders FY16–20 · last SBA loan FY2017
18/8 Fine Men'S Salons — 8 lenders FY16–20 · last SBA loan FY2018
Philly Soft Pretzel Factory — 8 lenders FY16–20 · last SBA loan FY2018

Methodology & sourcing

For each brand we count distinct lending banks in two windows — fiscal 2016–2020 and fiscal 2021 to present — from the SBA 7(a)/504 FOIA files, and rank by the largest proportional decline. Brands need at least 8 distinct lenders in the earlier window. Brands with NO SBA loans at all since FY2021 are listed separately below the ranking rather than hidden: a drop to zero is as often a renamed or recoded SBA franchise entry as lenders leaving, so it can't be ranked against a measured decline. Brands whose lender counts and loan counts disagree (lenders recorded as zero while loans exist — a sign two SBA name records were merged) are left out. Fuel supply contracts, insurance agencies and similar non-franchise SBA codes are excluded.

Universe: every franchise brand matched in the U.S. Small Business Administration's 7(a) and 504 loan FOIA files, fiscal 1991 to present, excluding SBA franchise codes that are not franchises a buyer can purchase (fuel supply contracts, insurance agencies, vehicle dealerships, direct selling) (data.sba.gov). This is federal public-record data about loans to franchisees — independent of anything the franchisor discloses. Brand links lead to the full sourced profile where one exists. See the site methodology for name-matching and cohort rules.

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