Chop Barbershop
2
SBA Loans
$659K
Total Financed
$330K
Avg Loan Size
—
YoY Loan Growth
How Chop Barbershop Compares
- Ranks #122 of 156 Personal Care & Beauty brands by SBA loan count (#2,443 of 3,543 overall).
- Its average loan of $330K is 10% 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 |
|---|---|---|
| FY2025 | 2 | $659K |
FY2025 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where Chop Barbershop Is Getting SBA-Financed
Recent SBA-Financed Chop Barbershop Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is Chop Barbershop growing or shrinking?
Chop Barbershop doesn't have enough SBA loan activity in both FY2024 and FY2025 to calculate a reliable year-over-year trend. For context, it ranks #122 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 Chop Barbershop 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 $330K (10% 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 Chop Barbershop?
Chop Barbershop 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
- U.S. Bank, National Association1
- First Bank of the Lake1
Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset