The Driveway Company
7
SBA Loans
$926K
Total Financed
$132K
Avg Loan Size
—
YoY Loan Growth
How The Driveway Company Compares
- Ranks #129 of 294 Home & Repair Services brands by SBA loan count (#1,103 of 3,543 overall).
- Its average loan of $132K is 25% below the Home & Repair Services median of $177K.
- With only 7 loans on record, its own charge-off rate isn't statistically meaningful -- for context, Home & Repair Services brands overall see a 2.9% charge-off rate across 4,629 loans.
SBA Loan Activity by Fiscal Year
| Fiscal Year | Loans | Total Financed |
|---|---|---|
| FY2020 | 2 | $236K |
| FY2021 | 3 | $450K |
| FY2022 | 1 | $150K |
| FY2023 | 1 | $90K |
FY2023 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where The Driveway Company Is Getting SBA-Financed
Recent SBA-Financed The Driveway Company Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is The Driveway Company growing or shrinking?
The Driveway Company doesn't have enough SBA loan activity in both FY2022 and FY2023 to calculate a reliable year-over-year trend. For context, it ranks #129 of 294 Home & Repair 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 The Driveway Company 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 $132K (25% below the typical Home & Repair Services brand's $177K) is a rough proxy, but SBA loans often cover only part of total investment.
What's the SBA loan default rate for The Driveway Company?
The Driveway Company only has 7 SBA loans on record -- too few to calculate a meaningful charge-off rate on its own. For context, Home & Repair Services brands overall see a 2.9% charge-off rate across 4,629 loans.
Top SBA Lenders
- United Midwest Savings Bank National Association6
- Paradise Bank1
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Source: SBA 7(a) FOIA loan dataset. View dataset