FranchiseRanked

Shear Madness Haircuts for Kids

Personal Care & BeautySBA loans FY2020–FY2024

2

SBA Loans

$422K

Total Financed

$211K

Avg Loan Size

—

YoY Loan Growth

How Shear Madness Haircuts for Kids Compares

  • Ranks #102 of 156 Personal Care & Beauty brands by SBA loan count (#2,001 of 3,543 overall).
  • Its average loan of $211K is 42% below the Personal Care & Beauty median of $366K.
  • With only 2 loans on record, its own charge-off rate isn't statistically meaningful -- for context, Personal Care & Beauty brands overall see a 1.5% charge-off rate across 2,290 loans.

SBA Loan Activity by Fiscal Year

Fiscal YearLoansTotal Financed
FY20201$236K
FY20241$186K

FY2024 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.

Where Shear Madness Haircuts for Kids Is Getting SBA-Financed

Recent SBA-Financed Shear Madness Haircuts for Kids Locations

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

Chosen Kids LLCMORGANTOWN, WV
$185,5002024-01-04
MPM Enterprises LLCFrisco, TX
$236,0002019-11-15

Frequently Asked Questions

Is Shear Madness Haircuts for Kids growing or shrinking?

Shear Madness Haircuts for Kids doesn't have enough SBA loan activity in both FY2023 and FY2024 to calculate a reliable year-over-year trend. For context, it ranks #102 of 156 Personal Care & Beauty brands by total SBA loan count since FY2020 -- a snapshot of scale, if not of trend.

How much does it cost to open a Shear Madness Haircuts for Kids 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 (42% below the typical Personal Care & Beauty brand's $366K) is a rough proxy, but SBA loans often cover only part of total investment.

What's the SBA loan default rate for Shear Madness Haircuts for Kids?

Shear Madness Haircuts for Kids only has 2 SBA loans on record -- too few to calculate a meaningful charge-off rate on its own. For context, Personal Care & Beauty brands overall see a 1.5% charge-off rate across 2,290 loans.