FranchiseRanked

Sears Authorized Hometown Stores Agreement

RetailSBA loans FY2020–FY2021

2

SBA Loans

$80K

Total Financed

$40K

Avg Loan Size

—

YoY Loan Growth

How Sears Authorized Hometown Stores Agreement Compares

  • Ranks #219 of 413 Retail brands by SBA loan count (#2,014 of 3,543 overall).
  • Its average loan of $40K is 90% 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
FY20201$15K
FY20211$65K

FY2021 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.

Where Sears Authorized Hometown Stores Agreement Is Getting SBA-Financed

Recent SBA-Financed Sears Authorized Hometown Stores Agreement Locations

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

HGII LLCMagee, MS
$64,7002021-07-01
A & L Lajcak, Inc.Ashland, WI
$15,0002019-12-02

Frequently Asked Questions

Is Sears Authorized Hometown Stores Agreement growing or shrinking?

Sears Authorized Hometown Stores Agreement doesn't have enough SBA loan activity in both FY2020 and FY2021 to calculate a reliable year-over-year trend. For context, it ranks #219 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 Sears Authorized Hometown Stores Agreement 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 $40K (90% 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 Sears Authorized Hometown Stores Agreement?

Sears Authorized Hometown Stores Agreement 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.