Hardware Hank
9
SBA Loans
$7.8M
Total Financed
$871K
Avg Loan Size
—
YoY Loan Growth
How Hardware Hank Compares
- Ranks #86 of 413 Retail brands by SBA loan count (#917 of 3,543 overall).
- Its average loan of $871K is 110% above the Retail median of $415K.
- With only 9 loans on record, its own charge-off rate isn't statistically meaningful -- for context, Retail brands overall see a 1.1% charge-off rate across 4,387 loans.
SBA Loan Activity by Fiscal Year
| Fiscal Year | Loans | Total Financed |
|---|---|---|
| FY2020 | 5 | $3.5M |
| FY2021 | 2 | $1.2M |
| FY2023 | 1 | $1.8M |
| FY2024 | 1 | $1.3M |
FY2024 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where Hardware Hank Is Getting SBA-Financed
Recent SBA-Financed Hardware Hank Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is Hardware Hank growing or shrinking?
Hardware Hank doesn't have enough SBA loan activity in both FY2023 and FY2024 to calculate a reliable year-over-year trend. For context, it ranks #86 of 413 Retail brands by total SBA loan count since FY2020 -- a snapshot of scale, if not of trend.
How much does it cost to open a Hardware Hank 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 $871K (110% above the typical Retail brand's $415K) is a rough proxy, but SBA loans often cover only part of total investment.
What's the SBA loan default rate for Hardware Hank?
Hardware Hank only has 9 SBA loans on record -- too few to calculate a meaningful charge-off rate on its own. For context, Retail brands overall see a 1.1% charge-off rate across 4,387 loans.
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Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset