Fastest Labs
29
SBA Loans
$4.6M
Total Financed
$159K
Avg Loan Size
-67%
YoY Loan Growth
How Fastest Labs Compares
- Ranks #37 of 170 Health, Senior & Child Care brands by SBA loan count (#388 of 3,543 overall).
- Its average loan of $159K is 52% below the Health, Senior & Child Care median of $333K.
- Its 3.4% charge-off rate compares to a 1.1% average across all Health, Senior & Child Care brands.
SBA Loan Activity by Fiscal Year
| Fiscal Year | Loans | Total Financed |
|---|---|---|
| FY2020 | 1 | $122K |
| FY2021 | 7 | $981K |
| FY2022 | 4 | $488K |
| FY2023 | 6 | $1.0M |
| FY2024 | 6 | $1.0M |
| FY2025 | 2 | $335K |
| FY2026 | 3 | $657K |
FY2026 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where Fastest Labs Is Getting SBA-Financed
Recent SBA-Financed Fastest Labs Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is Fastest Labs growing or shrinking?
Fastest Labs's SBA loan count fell 67% year-over-year. A decline in SBA financing doesn't necessarily mean the brand is shrinking -- franchisees may be using other financing, or SBA lending patterns may have shifted broadly.
How much does it cost to open a Fastest Labs 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 $159K (52% below the typical Health, Senior & Child Care brand's $333K) is a rough proxy, but SBA loans often cover only part of total investment.
What's the SBA loan default rate for Fastest Labs?
1 of 29 SBA loans to Fastest Labs franchisees (3.4%) have been charged off since FY2020, compared to 1.1% across all Health, Senior & Child Care brands.
Top SBA Lenders
- United Midwest Savings Bank National Association8
- Frost Bank5
- BayFirst National Bank2
- Webster Bank National Association2
- Peoples Bank2
Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset