FranchiseRanked

Lexar Homes

Home & Repair ServicesSBA loans FY2022–FY2022

2

SBA Loans

$3.0M

Total Financed

$1.5M

Avg Loan Size

—

YoY Loan Growth

How Lexar Homes Compares

  • Ranks #210 of 294 Home & Repair Services brands by SBA loan count (#2,295 of 3,543 overall).
  • Its average loan of $1.5M is 747% above the Home & Repair Services median of $177K.
  • With only 2 loans on record, its own charge-off rate isn't statistically meaningful -- for context, Home & Repair Services brands overall see a 2.9% charge-off rate across 4,629 loans.

SBA Loan Activity by Fiscal Year

Fiscal YearLoansTotal Financed
FY20222$3.0M

FY2022 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.

Where Lexar Homes Is Getting SBA-Financed

Recent SBA-Financed Lexar Homes Locations

Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.

True North Homes LLCSpokane Valley, WA
$2,750,0002022-09-26
True North Homes LLCSpokane Valley, WA
$250,0002022-09-26

Frequently Asked Questions

Is Lexar Homes growing or shrinking?

Lexar Homes doesn't have enough SBA loan activity in both FY2021 and FY2022 to calculate a reliable year-over-year trend. For context, it ranks #210 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 Lexar Homes 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 $1.5M (747% 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 Lexar Homes?

Lexar Homes only has 2 SBA loans on record -- too few to calculate a meaningful charge-off rate on its own. For context, Home & Repair Services brands overall see a 2.9% charge-off rate across 4,629 loans.