Shack Shine
8
SBA Loans
$1.7M
Total Financed
$211K
Avg Loan Size
—
YoY Loan Growth
How Shack Shine Compares
- Ranks #75 of 169 Cleaning & Property Services brands by SBA loan count (#1,046 of 3,543 overall).
- Its average loan of $211K is 41% above the Cleaning & Property Services median of $150K.
- With only 8 loans on record, its own charge-off rate isn't statistically meaningful -- for context, Cleaning & Property Services brands overall see a 3.1% charge-off rate across 3,239 loans.
SBA Loan Activity by Fiscal Year
| Fiscal Year | Loans | Total Financed |
|---|---|---|
| FY2021 | 3 | $769K |
| FY2024 | 5 | $923K |
FY2024 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where Shack Shine Is Getting SBA-Financed
Recent SBA-Financed Shack Shine Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is Shack Shine growing or shrinking?
Shack Shine doesn't have enough SBA loan activity in both FY2023 and FY2024 to calculate a reliable year-over-year trend. For context, it ranks #75 of 169 Cleaning & Property 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 Shack Shine 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 $211K (41% above the typical Cleaning & Property Services brand's $150K) is a rough proxy, but SBA loans often cover only part of total investment.
What's the SBA loan default rate for Shack Shine?
Shack Shine only has 8 SBA loans on record -- too few to calculate a meaningful charge-off rate on its own. For context, Cleaning & Property Services brands overall see a 3.1% charge-off rate across 3,239 loans.
Top SBA Lenders
- United Midwest Savings Bank National Association2
- The Huntington National Bank2
- Old National Bank2
- Republic Bank & Trust Company1
- BayFirst National Bank1
Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset