Cherry Blow Dry Bar
2
SBA Loans
$726K
Total Financed
$363K
Avg Loan Size
—
YoY Loan Growth
How Cherry Blow Dry Bar Compares
- Ranks #104 of 156 Personal Care & Beauty brands by SBA loan count (#2,025 of 3,543 overall).
- Its average loan of $363K is 1% below the Personal Care & Beauty median of $366K.
- With only 2 loans on record, its own charge-off rate isn't statistically meaningful -- for context, Personal Care & Beauty brands overall see a 1.5% charge-off rate across 2,290 loans.
SBA Loan Activity by Fiscal Year
| Fiscal Year | Loans | Total Financed |
|---|---|---|
| FY2020 | 1 | $414K |
| FY2021 | 1 | $312K |
FY2021 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where Cherry Blow Dry Bar Is Getting SBA-Financed
Recent SBA-Financed Cherry Blow Dry Bar Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is Cherry Blow Dry Bar growing or shrinking?
Cherry Blow Dry Bar doesn't have enough SBA loan activity in both FY2020 and FY2021 to calculate a reliable year-over-year trend. For context, it ranks #104 of 156 Personal Care & Beauty brands by total SBA loan count since FY2020 -- a snapshot of scale, if not of trend.
How much does it cost to open a Cherry Blow Dry Bar 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 $363K (1% below the typical Personal Care & Beauty brand's $366K) is a rough proxy, but SBA loans often cover only part of total investment.
What's the SBA loan default rate for Cherry Blow Dry Bar?
Cherry Blow Dry Bar only has 2 SBA loans on record -- too few to calculate a meaningful charge-off rate on its own. For context, Personal Care & Beauty brands overall see a 1.5% charge-off rate across 2,290 loans.
Top SBA Lenders
- The Huntington National Bank1
- Renasant Bank1
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Source: SBA 7(a) FOIA loan dataset. View dataset