iFoam
61
SBA Loans
$25.8M
Total Financed
$423K
Avg Loan Size
—
YoY Loan Growth
How iFoam Compares
- Ranks #20 of 294 Home & Repair Services brands by SBA loan count (#166 of 3,543 overall).
- Its average loan of $423K is 139% above the Home & Repair Services median of $177K.
- Its 8.2% 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 |
|---|---|---|
| FY2022 | 5 | $2.2M |
| FY2023 | 50 | $20.9M |
| FY2024 | 6 | $2.7M |
FY2024 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where iFoam Is Getting SBA-Financed
Recent SBA-Financed iFoam Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is iFoam growing or shrinking?
iFoam doesn't have enough SBA loan activity in both FY2023 and FY2024 to calculate a reliable year-over-year trend. For context, it ranks #20 of 294 Home & Repair Services brands by total SBA loan count since FY2020 -- a snapshot of scale, if not of trend.
How much does it cost to open a iFoam 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 $423K (139% 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 iFoam?
5 of 61 SBA loans to iFoam franchisees (8.2%) have been charged off since FY2020, compared to 2.9% across all Home & Repair Services brands.
Top SBA Lenders
- The Huntington National Bank56
- Pinnacle Bank2
- First Bank of the Lake2
- OakStar Bank1
Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset