HealthSource Chiropractic
33
SBA Loans
$9.0M
Total Financed
$273K
Avg Loan Size
-25%
YoY Loan Growth
How HealthSource Chiropractic Compares
- Ranks #33 of 170 Health, Senior & Child Care brands by SBA loan count (#338 of 3,543 overall).
- Its average loan of $273K is 18% below the Health, Senior & Child Care median of $333K.
- Its 6.1% 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 | 2 | $292K |
| FY2021 | 2 | $514K |
| FY2022 | 3 | $465K |
| FY2023 | 3 | $687K |
| FY2024 | 12 | $3.5M |
| FY2025 | 9 | $2.9M |
| FY2026 | 2 | $584K |
FY2026 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where HealthSource Chiropractic Is Getting SBA-Financed
Recent SBA-Financed HealthSource Chiropractic Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is HealthSource Chiropractic growing or shrinking?
HealthSource Chiropractic's SBA loan count fell 25% 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 HealthSource Chiropractic 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 $273K (18% 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 HealthSource Chiropractic?
2 of 33 SBA loans to HealthSource Chiropractic franchisees (6.1%) have been charged off since FY2020, compared to 1.1% across all Health, Senior & Child Care brands.
Top SBA Lenders
- The Huntington National Bank10
- The Bank of Elk River5
- First Bank of the Lake4
- BayFirst National Bank3
- United Midwest Savings Bank National Association2
Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset