Coverall North America, Inc. dba Coverall of Detroit - Janitorial Franchise Agreement
1
SBA Loans
$40K
Total Financed
$40K
Avg Loan Size
—
YoY Loan Growth
How Coverall North America, Inc. dba Coverall of Detroit - Janitorial Franchise Agreement Compares
- Ranks #146 of 169 Cleaning & Property Services brands by SBA loan count (#2,931 of 3,543 overall).
- Its average loan of $40K is 73% below the Cleaning & Property Services median of $150K.
- With only 1 loan 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 Year | Loans | Total Financed |
|---|---|---|
| FY2022 | 1 | $40K |
FY2022 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where Coverall North America, Inc. dba Coverall of Detroit - Janitorial Franchise Agreement Is Getting SBA-Financed
Recent SBA-Financed Coverall North America, Inc. dba Coverall of Detroit - Janitorial Franchise Agreement Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is Coverall North America, Inc. dba Coverall of Detroit - Janitorial Franchise Agreement growing or shrinking?
Coverall North America, Inc. dba Coverall of Detroit - Janitorial Franchise Agreement doesn't have enough SBA loan activity in both FY2021 and FY2022 to calculate a reliable year-over-year trend. For context, it ranks #146 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 Coverall North America, Inc. dba Coverall of Detroit - Janitorial Franchise Agreement 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 $40K (73% below 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 Coverall North America, Inc. dba Coverall of Detroit - Janitorial Franchise Agreement?
Coverall North America, Inc. dba Coverall of Detroit - Janitorial Franchise Agreement only has 1 SBA loan 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.
Top SBA Lenders
- U.S. Bank, National Association1
Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset