The Salt Suite
2
SBA Loans
$612K
Total Financed
$306K
Avg Loan Size
—
YoY Loan Growth
How The Salt Suite Compares
- Ranks #109 of 156 Personal Care & Beauty brands by SBA loan count (#2,088 of 3,543 overall).
- Its average loan of $306K is 16% 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 Year | Loans | Total Financed |
|---|---|---|
| FY2020 | 1 | $225K |
| FY2022 | 1 | $387K |
FY2022 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where The Salt Suite Is Getting SBA-Financed
Recent SBA-Financed The Salt Suite Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is The Salt Suite growing or shrinking?
The Salt Suite doesn't have enough SBA loan activity in both FY2021 and FY2022 to calculate a reliable year-over-year trend. For context, it ranks #109 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 The Salt Suite 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 $306K (16% 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 The Salt Suite?
The Salt Suite 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.
Top SBA Lenders
- Midwest Regional Bank1
- FWBank1
Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset