Freecoat Nails
1
SBA Loans
$276K
Total Financed
$276K
Avg Loan Size
—
YoY Loan Growth
How Freecoat Nails Compares
- Ranks #133 of 156 Personal Care & Beauty brands by SBA loan count (#2,747 of 3,543 overall).
- Its average loan of $276K is 25% below the Personal Care & Beauty median of $366K.
- With only 1 loan 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 |
|---|---|---|
| FY2021 | 1 | $276K |
FY2021 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where Freecoat Nails Is Getting SBA-Financed
Recent SBA-Financed Freecoat Nails Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is Freecoat Nails growing or shrinking?
Freecoat Nails doesn't have enough SBA loan activity in both FY2020 and FY2021 to calculate a reliable year-over-year trend. For context, it ranks #133 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 Freecoat Nails 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 $276K (25% 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 Freecoat Nails?
Freecoat Nails only has 1 SBA loan 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
- The Bancorp 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