Waxing the City
80
SBA Loans
$29.8M
Total Financed
$373K
Avg Loan Size
+37%
YoY Loan Growth
How Waxing the City Compares
- Ranks #3 of 156 Personal Care & Beauty brands by SBA loan count (#107 of 3,543 overall).
- Its average loan of $373K is 2% above the Personal Care & Beauty median of $366K.
- Its 3.8% charge-off rate compares to a 1.5% average across all Personal Care & Beauty brands.
SBA Loan Activity by Fiscal Year
| Fiscal Year | Loans | Total Financed |
|---|---|---|
| FY2020 | 6 | $2.0M |
| FY2021 | 5 | $2.1M |
| FY2022 | 11 | $3.0M |
| FY2023 | 7 | $2.1M |
| FY2024 | 19 | $6.1M |
| FY2025 | 26 | $11.3M |
| FY2026 | 6 | $3.3M |
FY2026 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where Waxing the City Is Getting SBA-Financed
Recent SBA-Financed Waxing the City Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is Waxing the City growing or shrinking?
Waxing the City's SBA loan count grew +37% year-over-year, suggesting rising financed expansion. This reflects SBA-backed financing activity, not necessarily total unit count -- see the methodology page for what this does and doesn't measure.
How much does it cost to open a Waxing the City 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 $373K (2% above 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 Waxing the City?
3 of 80 SBA loans to Waxing the City franchisees (3.8%) have been charged off since FY2020, compared to 1.5% across all Personal Care & Beauty brands.
Top SBA Lenders
- Platinum Bank25
- The Huntington National Bank19
- Manufacturers and Traders Trust Company4
- Wells Fargo Bank National Association3
- Simmons Bank3
Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset