Spiffy
2
SBA Loans
$273K
Total Financed
$136K
Avg Loan Size
—
YoY Loan Growth
How Spiffy Compares
- Ranks #84 of 125 Automotive Services brands by SBA loan count (#2,177 of 3,543 overall).
- Its average loan of $136K is 70% below the Automotive Services median of $453K.
- With only 2 loans on record, its own charge-off rate isn't statistically meaningful -- for context, Automotive Services brands overall see a 1.5% charge-off rate across 1,424 loans.
SBA Loan Activity by Fiscal Year
| Fiscal Year | Loans | Total Financed |
|---|---|---|
| FY2021 | 1 | $100K |
| FY2022 | 1 | $173K |
FY2022 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where Spiffy Is Getting SBA-Financed
Recent SBA-Financed Spiffy Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is Spiffy growing or shrinking?
Spiffy doesn't have enough SBA loan activity in both FY2021 and FY2022 to calculate a reliable year-over-year trend. For context, it ranks #84 of 125 Automotive 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 Spiffy 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 $136K (70% below the typical Automotive Services brand's $453K) is a rough proxy, but SBA loans often cover only part of total investment.
What's the SBA loan default rate for Spiffy?
Spiffy only has 2 SBA loans on record -- too few to calculate a meaningful charge-off rate on its own. For context, Automotive Services brands overall see a 1.5% charge-off rate across 1,424 loans.
Top SBA Lenders
- CDC Small Business Finance Corp.1
- Newtek Small Business Finance, Inc.1
Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset