FranchiseRanked

COIT

Cleaning & Property ServicesSBA loans FY2021–FY2024

4

SBA Loans

$3.9M

Total Financed

$979K

Avg Loan Size

—

YoY Loan Growth

How COIT Compares

  • Ranks #110 of 169 Cleaning & Property Services brands by SBA loan count (#1,605 of 3,543 overall).
  • Its average loan of $979K is 553% above the Cleaning & Property Services median of $150K.
  • With only 4 loans on record, its own charge-off rate isn't statistically meaningful -- for context, Cleaning & Property Services brands overall see a 3.1% charge-off rate across 3,239 loans.

SBA Loan Activity by Fiscal Year

Fiscal YearLoansTotal Financed
FY20212$2.9M
FY20242$1.1M

FY2024 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.

Where COIT Is Getting SBA-Financed

Ohio2 loans · $2.9MColorado2 loans · $1.1M

Recent SBA-Financed COIT Locations

Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.

DMB Acquisitions, LLCENGLEWOOD, CO
$150,0002024-09-25
DMB Acquisitions, LLCENGLEWOOD, CO
$900,0002024-09-25
B&L Acquisition Group, LLCCLEVELAND, OH
$2,767,0002021-09-10
B&L Acquisition Group, LLCCLEVELAND HEIGHTS, OH
$100,0002021-09-10

Frequently Asked Questions

Is COIT growing or shrinking?

COIT doesn't have enough SBA loan activity in both FY2023 and FY2024 to calculate a reliable year-over-year trend. For context, it ranks #110 of 169 Cleaning & Property 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 COIT 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 $979K (553% above the typical Cleaning & Property Services brand's $150K) is a rough proxy, but SBA loans often cover only part of total investment.

What's the SBA loan default rate for COIT?

COIT only has 4 SBA loans on record -- too few to calculate a meaningful charge-off rate on its own. For context, Cleaning & Property Services brands overall see a 3.1% charge-off rate across 3,239 loans.

Explore More

More Cleaning & Property Services brands Most financed franchises

Top SBA Lenders

  • First National Bank of Pennsylvania2
  • Glacier Bank2
Planning to finance a cleaning & property services purchase?

Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.

Source: SBA 7(a) FOIA loan dataset. View dataset