Pet Evolution
18
SBA Loans
$11.5M
Total Financed
$638K
Avg Loan Size
-71%
YoY Loan Growth
How Pet Evolution Compares
- Ranks #47 of 413 Retail brands by SBA loan count (#575 of 3,543 overall).
- Its average loan of $638K is 54% above 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 |
|---|---|---|
| FY2022 | 3 | $1.9M |
| FY2023 | 6 | $3.5M |
| FY2024 | 7 | $4.7M |
| FY2025 | 2 | $1.4M |
FY2025 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where Pet Evolution Is Getting SBA-Financed
Recent SBA-Financed Pet Evolution Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is Pet Evolution growing or shrinking?
Pet Evolution's SBA loan count fell 71% 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 Pet Evolution 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 $638K (54% above 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 Pet Evolution?
Pet Evolution 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 Bank8
- Old National Bank3
- Valliance Bank1
- Newtek Bank, National Association1
- First Internet 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