FranchiseRanked

petNmind

RetailSBA loans FY2023–FY2023

2

SBA Loans

$268K

Total Financed

$134K

Avg Loan Size

—

YoY Loan Growth

How petNmind Compares

  • Ranks #249 of 413 Retail brands by SBA loan count (#2,332 of 3,543 overall).
  • Its average loan of $134K is 68% below the Retail median of $415K.
  • With only 2 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 YearLoansTotal Financed
FY20232$268K

FY2023 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.

Where petNmind Is Getting SBA-Financed

Recent SBA-Financed petNmind Locations

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

PetsRMine LLCMonrovia, CA
$243,0002023-03-17
PetsRMine LLCMonrovia, CA
$25,0002023-03-17

Frequently Asked Questions

Is petNmind growing or shrinking?

petNmind doesn't have enough SBA loan activity in both FY2022 and FY2023 to calculate a reliable year-over-year trend. For context, it ranks #249 of 413 Retail brands by total SBA loan count since FY2020 -- a snapshot of scale, if not of trend.

How much does it cost to open a petNmind 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 $134K (68% 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 petNmind?

petNmind only has 2 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.