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

How have SBA loans to Smartstyle franchisees turned out?

Of 59 loans approved in fiscal 2018 to 2021 (at least five years old), 1 (1.7%) were charged off by the lender, against 5.9% across all 7(a) loans approved in those same years. Smartstyle appears on 61 SBA-guaranteed 7(a) loans approved from fiscal 2018 to 2022, $37.3 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.

SmartstyleFranchise brand · 61 loans

2%of seasoned loans charged off

Smartstyle appears on 61 SBA-guaranteed 7(a) loans approved from fiscal 2018 to 2022, $37.3 million in gross approvals.
Of 59 loans approved in fiscal 2018 to 2021 (at least five years old), 1 (1.7%) were charged off by the lender, against 5.9% 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.

share of this group's loans charged off, by approval year (years with 10+ loans)all 7(a) loans, same year

Every approval year

Approval year	Loans	Approved	Paid in full	Charged off	Not yet resolved	Charged-off share
FY2018	16	$4.1 million	13	0	3	0.0%
FY2019	19	$15.7 million	12	0	7	0.0%
FY2020	21	$16.5 million	15	1	5	4.8%
FY2021	3	$834,500	0	0	3	few loans
FY2022	2	$300,000	0	0	2	too recent for a share

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.