SBA loan outcome check · franchise brand · SBA data as of 30 September 2026

How have SBA loans to CycleBar franchisees turned out?

Of 49 loans approved in fiscal 2015 to 2018 (at least five years old), 5 (10.2%) were charged off by the lender, against 7.5% across all 7(a) loans approved in those same years. CycleBar appears on 49 SBA-guaranteed 7(a) loans approved from fiscal 2015 to 2018, $21.5 million in gross approvals. These are loans, not a rating.

Not financial, legal or franchise advice. This page reports what the SBA's loan file records for SBA-guaranteed loans. A charge-off rate is not a rating of a brand or an industry, it does not predict a new loan, and a franchisee's loan is not a measure of the franchisor. Read the franchise's disclosure document and talk to a lender or an adviser before you borrow.

CycleBarFranchise brand · 49 loans

10%of seasoned loans charged off

CycleBar appears on 49 SBA-guaranteed 7(a) loans approved from fiscal 2015 to 2018, $21.5 million in gross approvals.
Of 49 loans approved in fiscal 2015 to 2018 (at least five years old), 5 (10.2%) were charged off by the lender, against 7.5% across all 7(a) loans approved in those same years.
A charge-off is a loan the lender wrote off. It is not a statement about the borrower, the brand or the franchisor, and it does not predict how a new loan will turn out.

Every approval year

Approval year	Loans	Approved	Paid in full	Charged off	Not yet resolved	Charged-off share
FY2015	4	$1.8 million	4	0	0	few loans
FY2016	17	$6.9 million	13	3	1	17.6%
FY2017	23	$11.4 million	19	2	2	8.7%
FY2018	5	$1.4 million	3	0	2	few loans

US Small Business Administration, 7(a) FOIA loan data as of 30 September 2026. SBA-guaranteed 7(a) loans only, aggregated; no borrower or lender is shown. SBA open data.

Where can you go from this record?

Open it in the check to search another brand or industry. Before you borrow for a franchise, read the FTC consumer guide to buying a franchise, the SBA guide to buying a franchise and SBA Lender Match.

Compiled and checked by Vincent Wesley Couey (ORCID 0009-0005-6869-308X) from the SBA 7(a) FOIA loan data, as of 30 September 2026. Not an official source.