GLO TANNING
46
SBA Loans
$38.6M
Total Financed
$840K
Avg Loan Size
+114%
YoY Loan Growth
How GLO TANNING Compares
- Ranks #16 of 156 Personal Care & Beauty brands by SBA loan count (#237 of 3,543 overall).
- Its average loan of $840K is 130% above the Personal Care & Beauty median of $366K.
- Its 0.0% charge-off rate compares to a 1.5% average across all Personal Care & Beauty brands.
SBA Loan Activity by Fiscal Year
| Fiscal Year | Loans | Total Financed |
|---|---|---|
| FY2021 | 2 | $233K |
| FY2022 | 3 | $1.7M |
| FY2023 | 9 | $7.9M |
| FY2024 | 7 | $5.4M |
| FY2025 | 15 | $13.0M |
| FY2026 | 10 | $10.4M |
FY2026 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where GLO TANNING Is Getting SBA-Financed
Recent SBA-Financed GLO TANNING Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is GLO TANNING growing or shrinking?
GLO TANNING's SBA loan count grew +114% year-over-year, suggesting rising financed expansion. This reflects SBA-backed financing activity, not necessarily total unit count -- see the methodology page for what this does and doesn't measure.
How much does it cost to open a GLO TANNING 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 $840K (130% above 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 GLO TANNING?
0 of 46 SBA loans to GLO TANNING franchisees (0.0%) have been charged off since FY2020, compared to 1.5% across all Personal Care & Beauty brands.
Top SBA Lenders
- BayFirst National Bank9
- First Internet Bank of Indiana8
- The Huntington National Bank4
- Grasshopper Bank National Association4
- FDIC - Community Bank & Trust-West Georgia3
Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset