Challenge Island
6
SBA Loans
$563K
Total Financed
$94K
Avg Loan Size
—
YoY Loan Growth
How Challenge Island Compares
- Ranks #32 of 72 Education & Training brands by SBA loan count (#1,228 of 3,543 overall).
- Its average loan of $94K is 40% below the Education & Training median of $156K.
- With only 6 loans on record, its own charge-off rate isn't statistically meaningful -- for context, Education & Training brands overall see a 2.6% charge-off rate across 731 loans.
SBA Loan Activity by Fiscal Year
| Fiscal Year | Loans | Total Financed |
|---|---|---|
| FY2020 | 2 | $255K |
| FY2021 | 1 | $55K |
| FY2023 | 1 | $25K |
| FY2024 | 1 | $100K |
| FY2026 | 1 | $128K |
FY2026 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where Challenge Island Is Getting SBA-Financed
Recent SBA-Financed Challenge Island Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is Challenge Island growing or shrinking?
Challenge Island doesn't have enough SBA loan activity in both FY2025 and FY2026 to calculate a reliable year-over-year trend. For context, it ranks #32 of 72 Education & Training brands by total SBA loan count since FY2020 -- a snapshot of scale, if not of trend.
How much does it cost to open a Challenge Island 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 $94K (40% below the typical Education & Training brand's $156K) is a rough proxy, but SBA loans often cover only part of total investment.
What's the SBA loan default rate for Challenge Island?
Challenge Island only has 6 SBA loans on record -- too few to calculate a meaningful charge-off rate on its own. For context, Education & Training brands overall see a 2.6% charge-off rate across 731 loans.
Top SBA Lenders
- United Midwest Savings Bank National Association4
- TD Bank, National Association1
- Zions Bank, A Division of1
Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset