FranchiseRanked

Nationwide Lifts

Home & Repair ServicesSBA loans FY2021–FY2022

2

SBA Loans

$670K

Total Financed

$335K

Avg Loan Size

—

YoY Loan Growth

How Nationwide Lifts Compares

  • Ranks #206 of 294 Home & Repair Services brands by SBA loan count (#2,180 of 3,543 overall).
  • Its average loan of $335K is 89% 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
FY20211$320K
FY20221$350K

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

Where Nationwide Lifts Is Getting SBA-Financed

Recent SBA-Financed Nationwide Lifts Locations

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

Nationwide Lifts of Nor CalEL DORADO HILLS, CA
$350,0002022-07-28
Magical Mechanicals IncLOUISVILLE, CO
$320,0002021-05-14

Frequently Asked Questions

Is Nationwide Lifts growing or shrinking?

Nationwide Lifts doesn't have enough SBA loan activity in both FY2021 and FY2022 to calculate a reliable year-over-year trend. For context, it ranks #206 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 Nationwide Lifts 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 $335K (89% 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 Nationwide Lifts?

Nationwide Lifts 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.