No-H2O
7
SBA Loans
$1.1M
Total Financed
$153K
Avg Loan Size
—
YoY Loan Growth
How No-H2O Compares
- Ranks #43 of 125 Automotive Services brands by SBA loan count (#1,164 of 3,543 overall).
- Its average loan of $153K is 66% below the Automotive Services median of $453K.
- With only 7 loans on record, its own charge-off rate isn't statistically meaningful -- for context, Automotive Services brands overall see a 1.5% charge-off rate across 1,424 loans.
SBA Loan Activity by Fiscal Year
| Fiscal Year | Loans | Total Financed |
|---|---|---|
| FY2022 | 4 | $701K |
| FY2023 | 3 | $373K |
FY2023 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where No-H2O Is Getting SBA-Financed
Recent SBA-Financed No-H2O Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is No-H2O growing or shrinking?
No-H2O doesn't have enough SBA loan activity in both FY2022 and FY2023 to calculate a reliable year-over-year trend. For context, it ranks #43 of 125 Automotive 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 No-H2O 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 $153K (66% below the typical Automotive Services brand's $453K) is a rough proxy, but SBA loans often cover only part of total investment.
What's the SBA loan default rate for No-H2O?
No-H2O only has 7 SBA loans on record -- too few to calculate a meaningful charge-off rate on its own. For context, Automotive Services brands overall see a 1.5% charge-off rate across 1,424 loans.
Top SBA Lenders
- The Huntington National Bank3
- United Midwest Savings Bank National Association1
- First Bank of the Lake1
- Stock Yards Bank & Trust Company1
- PNC Bank, National Association1
Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset