SBADecoded

SBA loans, without the runaround

The biggest loan of your life shouldn't be a guess.

Most people borrow this way once, with everything riding on it — and nearly every guide out there is paid by the banks. We read all 795,652 SBA 7(a) loan records so you can walk in knowing what's normal, what's fair, and who actually lends to people like you. No lender pays us a cent.

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Find the lenders that have actually funded deals like yours

Your state, industry and loan size, matched against 614 lenders' real SBA record — ranked by what they fund, not who pays to appear.

Match my deal →
I don't know if I qualify
Ten questions covering what actually disqualifies people.
Check eligibility →
I need to find a lender
415 banks compared on their practical minimum, typical rate, and what they fund.
Compare lenders →
I'm buying a business
Whether the deal covers its own debt, and what you take home after payments.
Run the numbers →
I'm looking at a franchise
How 228 brands' SBA loans actually performed — from the federal record.
See the record →
What's normal in my industry?
Typical loan size, term and default rate for your line of work.
Find your industry →
Is 504 safer than 7(a)?
890,648 loans analysed across both programs. The answer is yes — until you get above $2M.
Read the research →
I took a cash advance
What it is really costing you, and whether SBA can refinance it.
Find out →

What's in here

all from the federal loan record
Database PagesWhat it answers
Lenders415 Will this bank even talk to me, and what rate do people get?
Franchise brands228 How many of this brand's SBA loans defaulted?
Industries88 What does a normal loan look like in my line of work?
States52 Who actually lends where I am?
Glossary58 What did my banker just say?
Calculators & tools12 Do my own numbers work?

Franchises where owners struggled most

defaulted within 7 years
Brand DefaultedRate
Experimac40 of 6462.5%
DENTAL FIX RX25 of 5446.3%
EMBROIDME13 of 3537.1%
Window Genie17 of 4736.2%
TUTOR DOCTOR18 of 5334.0%

A high default rate is an outcome, not a verdict on the business — it shows these particular loans went bad more often than most, which is what a lender prices in when deciding whether, and on what terms, to lend to you.

And where they did best

150+ seasoned loans
Brand DefaultedRate
Red Roof Inn0 of 1660.0%
CHEVRON (GAS STATION)0 of 1640.0%
CULVER'S0 of 1640.0%
The UPS Store1 of 4530.2%
AMERIPRISE FINANCIAL1 of 3080.3%

One default in 453 seasoned UPS Store loans; forty in 64 Experimac loans. Here “default” means a loan charged off within seven years of approval — same federal dataset, same window.

Why this site exists

Every large finance site in this category is paid by lenders to send them applications. That is why none of them will tell you a bank is slow, or that a franchise brand has a default problem. We take no lender money, accept no applications, and publish the method behind every number. We do earn — from display ads, from affiliate links for services new owners need, and from a course on buying a business — just never from a lender, because a lender’s money is the one kind that would bend what we tell you. Here is exactly how we make money.

7(a) loans analysed 795,652 Lenders 415 Brands 228 Glossary terms 58 Data released 2026-06-30