The Ten Spot
7
SBA Loans
$2.5M
Total Financed
$360K
Avg Loan Size
—
YoY Loan Growth
How The Ten Spot Compares
- Ranks #74 of 156 Personal Care & Beauty brands by SBA loan count (#1,137 of 3,543 overall).
- Its average loan of $360K is 1% below the Personal Care & Beauty median of $366K.
- With only 7 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 |
|---|---|---|
| FY2021 | 5 | $1.6M |
| FY2024 | 2 | $900K |
FY2024 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where The Ten Spot Is Getting SBA-Financed
Recent SBA-Financed The Ten Spot Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is The Ten Spot growing or shrinking?
The Ten Spot doesn't have enough SBA loan activity in both FY2023 and FY2024 to calculate a reliable year-over-year trend. For context, it ranks #74 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 Ten Spot 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 $360K (1% 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 Ten Spot?
The Ten Spot only has 7 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
- The Huntington National Bank2
- Hancock Whitney Bank2
- Ameris Bank1
- Georgia Banking Company1
- Adams Bank & Trust1
Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset