Mr. Handyman
83
SBA Loans
$17.6M
Total Financed
$212K
Avg Loan Size
-17%
YoY Loan Growth
How Mr. Handyman Compares
- Ranks #13 of 294 Home & Repair Services brands by SBA loan count (#104 of 3,543 overall).
- Its average loan of $212K is 20% above the Home & Repair Services median of $177K.
- Its 3.6% 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 |
|---|---|---|
| FY2020 | 14 | $2.1M |
| FY2021 | 9 | $2.2M |
| FY2022 | 6 | $1.0M |
| FY2023 | 7 | $1.7M |
| FY2024 | 18 | $3.1M |
| FY2025 | 15 | $2.9M |
| FY2026 | 14 | $4.7M |
FY2026 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where Mr. Handyman Is Getting SBA-Financed
Recent SBA-Financed Mr. Handyman Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is Mr. Handyman growing or shrinking?
Mr. Handyman's SBA loan count fell 17% 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 Mr. Handyman 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 $212K (20% 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 Mr. Handyman?
3 of 83 SBA loans to Mr. Handyman franchisees (3.6%) have been charged off since FY2020, compared to 2.9% across all Home & Repair Services brands.
Top SBA Lenders
- United Midwest Savings Bank National Association48
- The Huntington National Bank5
- Citizens Bank5
- BayFirst National Bank3
- PNC 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