Carstar
35
SBA Loans
$42.5M
Total Financed
$1.2M
Avg Loan Size
—
YoY Loan Growth
How Carstar Compares
- Ranks #12 of 125 Automotive Services brands by SBA loan count (#325 of 3,543 overall).
- Its average loan of $1.2M is 168% above the Automotive Services median of $453K.
- Its 0.0% charge-off rate compares to a 1.5% average across all Automotive Services brands.
SBA Loan Activity by Fiscal Year
| Fiscal Year | Loans | Total Financed |
|---|---|---|
| FY2020 | 5 | $4.7M |
| FY2021 | 11 | $14.4M |
| FY2022 | 3 | $3.2M |
| FY2023 | 4 | $6.8M |
| FY2024 | 1 | $817K |
| FY2025 | 7 | $9.2M |
| FY2026 | 4 | $3.5M |
FY2026 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where Carstar Is Getting SBA-Financed
Recent SBA-Financed Carstar Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is Carstar growing or shrinking?
Carstar doesn't have enough SBA loan activity in both FY2025 and FY2026 to calculate a reliable year-over-year trend. For context, it ranks #12 of 125 Automotive Services brands by total SBA loan count since FY2020 -- a snapshot of scale, if not of trend.
How much does it cost to open a Carstar franchise?
We don't have that figure -- investment ranges and fees come from a franchisor's Franchise Disclosure Document (FDD), which this site doesn't parse (see methodology). The average SBA loan size of $1.2M (168% above the typical Automotive Services brand's $453K) is a rough proxy, but SBA loans often cover only part of total investment.
What's the SBA loan default rate for Carstar?
0 of 35 SBA loans to Carstar franchisees (0.0%) have been charged off since FY2020, compared to 1.5% across all Automotive Services brands.
Top SBA Lenders
- Live Oak Banking Company5
- The Huntington National Bank3
- First Montana Bank, Inc.2
- SouthState Bank, National Association2
- First Commonwealth Bank2
Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset