PayMore Stores
18
SBA Loans
$4.9M
Total Financed
$270K
Avg Loan Size
-70%
YoY Loan Growth
How PayMore Stores Compares
- Ranks #48 of 413 Retail brands by SBA loan count (#576 of 3,543 overall).
- Its average loan of $270K is 35% below the Retail median of $415K.
- With only 18 loans on record, its own charge-off rate isn't statistically meaningful -- for context, Retail brands overall see a 1.1% charge-off rate across 4,387 loans.
SBA Loan Activity by Fiscal Year
| Fiscal Year | Loans | Total Financed |
|---|---|---|
| FY2023 | 2 | $233K |
| FY2024 | 10 | $2.9M |
| FY2025 | 3 | $716K |
| FY2026 | 3 | $998K |
FY2026 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where PayMore Stores Is Getting SBA-Financed
Recent SBA-Financed PayMore Stores Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is PayMore Stores growing or shrinking?
PayMore Stores's SBA loan count fell 70% 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 PayMore Stores 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 $270K (35% below the typical Retail brand's $415K) is a rough proxy, but SBA loans often cover only part of total investment.
What's the SBA loan default rate for PayMore Stores?
PayMore Stores only has 18 SBA loans on record -- too few to calculate a meaningful charge-off rate on its own. For context, Retail brands overall see a 1.1% charge-off rate across 4,387 loans.
Explore More
Top SBA Lenders
- The Huntington National Bank6
- Citizens Bank5
- KeyBank National Association2
- Mission Valley Bank1
- Merchants Bank of Indiana1
Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset