Groovy Hues; Groovy Hues Painting
39
SBA Loans
$9.9M
Total Financed
$254K
Avg Loan Size
0%
YoY Loan Growth
How Groovy Hues; Groovy Hues Painting Compares
- Ranks #35 of 294 Home & Repair Services brands by SBA loan count (#294 of 3,543 overall).
- Its average loan of $254K is 44% above the Home & Repair Services median of $177K.
- Its 0.0% charge-off rate compares to a 2.9% average across all Home & Repair Services brands.
SBA Loan Activity by Fiscal Year
| Fiscal Year | Loans | Total Financed |
|---|---|---|
| FY2023 | 20 | $5.5M |
| FY2024 | 9 | $2.3M |
| FY2025 | 9 | $2.0M |
| FY2026 | 1 | $208K |
FY2026 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where Groovy Hues; Groovy Hues Painting Is Getting SBA-Financed
Recent SBA-Financed Groovy Hues; Groovy Hues Painting Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is Groovy Hues; Groovy Hues Painting growing or shrinking?
Groovy Hues; Groovy Hues Painting's SBA loan count grew 0% 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 Groovy Hues; Groovy Hues Painting 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 $254K (44% above the typical Home & Repair Services brand's $177K) is a rough proxy, but SBA loans often cover only part of total investment.
What's the SBA loan default rate for Groovy Hues; Groovy Hues Painting?
0 of 39 SBA loans to Groovy Hues; Groovy Hues Painting franchisees (0.0%) have been charged off since FY2020, compared to 2.9% across all Home & Repair Services brands.
Top SBA Lenders
- The Huntington National Bank24
- First Bank of the Lake8
- First Commonwealth Bank2
- Magnifi Financial CU2
- Westerra CU1
Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset