Clothes Bin
9
SBA Loans
$1.1M
Total Financed
$128K
Avg Loan Size
—
YoY Loan Growth
How Clothes Bin Compares
- Ranks #31 of 146 Other brands by SBA loan count (#980 of 3,543 overall).
- Its average loan of $128K is 58% below the Other median of $306K.
- With only 9 loans on record, its own charge-off rate isn't statistically meaningful -- for context, Other brands overall see a 2.1% charge-off rate across 1,541 loans.
SBA Loan Activity by Fiscal Year
| Fiscal Year | Loans | Total Financed |
|---|---|---|
| FY2023 | 4 | $482K |
| FY2024 | 3 | $479K |
| FY2025 | 2 | $187K |
FY2025 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where Clothes Bin Is Getting SBA-Financed
Recent SBA-Financed Clothes Bin Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is Clothes Bin growing or shrinking?
Clothes Bin doesn't have enough SBA loan activity in both FY2024 and FY2025 to calculate a reliable year-over-year trend. For context, it ranks #31 of 146 Other brands by total SBA loan count since FY2020 -- a snapshot of scale, if not of trend.
How much does it cost to open a Clothes Bin 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 $128K (58% below the typical Other brand's $306K) is a rough proxy, but SBA loans often cover only part of total investment.
What's the SBA loan default rate for Clothes Bin?
Clothes Bin only has 9 SBA loans on record -- too few to calculate a meaningful charge-off rate on its own. For context, Other brands overall see a 2.1% charge-off rate across 1,541 loans.
Explore More
Top SBA Lenders
- The Huntington National Bank4
- United Midwest Savings Bank National Association2
- First Bank of the Lake1
- Stearns Bank National Association1
- Platinum Bank1
Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset