Magic Bubbles
5
SBA Loans
$623K
Total Financed
$125K
Avg Loan Size
—
YoY Loan Growth
How Magic Bubbles Compares
- Ranks #99 of 169 Cleaning & Property Services brands by SBA loan count (#1,382 of 3,543 overall).
- Its average loan of $125K is 17% below the Cleaning & Property Services median of $150K.
- With only 5 loans on record, its own charge-off rate isn't statistically meaningful -- for context, Cleaning & Property Services brands overall see a 3.1% charge-off rate across 3,239 loans.
SBA Loan Activity by Fiscal Year
| Fiscal Year | Loans | Total Financed |
|---|---|---|
| FY2020 | 1 | $150K |
| FY2021 | 4 | $473K |
FY2021 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where Magic Bubbles Is Getting SBA-Financed
Recent SBA-Financed Magic Bubbles Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is Magic Bubbles growing or shrinking?
Magic Bubbles doesn't have enough SBA loan activity in both FY2020 and FY2021 to calculate a reliable year-over-year trend. For context, it ranks #99 of 169 Cleaning & Property 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 Magic Bubbles 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 $125K (17% below the typical Cleaning & Property Services brand's $150K) is a rough proxy, but SBA loans often cover only part of total investment.
What's the SBA loan default rate for Magic Bubbles?
Magic Bubbles only has 5 SBA loans on record -- too few to calculate a meaningful charge-off rate on its own. For context, Cleaning & Property Services brands overall see a 3.1% charge-off rate across 3,239 loans.
Top SBA Lenders
- United Midwest Savings Bank National Association3
- Mountain America FCU2
Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset