Franchise · SBA lending record
Experimac: how its 64 SBA loans actually performed
Computer and Office Machine Repair and Maintenance · 64 units financed with SBA 7(a) loans since 2010 · 7 lenders have funded this brand.
40 of 64 SBA loans to this brand were charged off
That is 62.5% — roughly 11 times the 5.7% average across all SBA 7(a) loans. That is an outcome, not a verdict on the business itself — but a default record like this is what makes lenders cautious, so expect fewer of them and stiffer terms.
See the 40 charged-off loans behind this number — every one, straight from the federal recordShow list ↓Hide list ↑
| Business | Location | Charged off | SBA loss |
|---|---|---|---|
| DIFILL Repairs, Inc. | Indian Land, SC | 2017 | $146,391 |
| OWO Designs LLC | Garland, TX | 2017 | $144,546 |
| QUALITY ELECTRONICS AND REPAIRS, LLC | West Jordan, UT | 2017 | $143,718 |
| KAB Enterprises, Inc. dba Experimac Tacoma | Federal Way, WA | 2017 | $143,624 |
| ComPhablet LLC | Carrollton, TX | 2017 | $142,905 |
| SRH Group, LLC | Smyrna, GA | 2017 | $142,864 |
| AROVASH, LLC | Dallas, TX | 2017 | $142,657 |
| Knightvision Productions, LLC | North Charleston, SC | 2018 | $141,909 |
| Dixon Ventures Mechanic Inc. | Lexington, KY | 2019 | $141,156 |
| OKEYAMERICA INTERNATIONAL Inc. | West Hempstead, NY | 2018 | $141,154 |
| CHELLE Corporation | Madison, TN | 2018 | $141,069 |
| Emumby, Inc. | Suwanee, GA | 2018 | $140,929 |
| MarMor Investments LLC | Pearland, TX | 2017 | $140,811 |
| WezPrin, LLC | Magnolia, TX | 2017 | $139,817 |
| PHILLTRONIX LLC | Addison, TX | 2019 | $139,209 |
| Boneri, LLC | Greenville, NC | 2022 | $138,168 |
| BEIJAFLOR LLC | Fair Lawn, NJ | 2018 | $138,164 |
| Amicus Technology Inc | Amherst, NY | 2020 | $137,609 |
| Tech Dealz, LLC. | Saint Peters, MO | 2018 | $137,529 |
| YOUNGERLIFE LLC | North Las Vegas, NV | 2019 | $133,861 |
| T & L Enterprise | Seattle, WA | 2020 | $132,899 |
| MCCOLLISTER MERCHANDISING INC. | Gainesville, FL | 2019 | $132,824 |
| GYG Electronics, a California Corporation | San Diego, CA | 2020 | $132,774 |
| The Holder Group LLC | Joplin, MO | 2020 | $132,271 |
| The Tech Store PWCN, LLC | Manassas, VA | 2020 | $131,909 |
| IRONWOOD ENTERPRISES LLC | Lebanon, OH | 2019 | $131,327 |
| Morrissey Enterprises, a California Corporation | San Luis Obispo, CA | 2019 | $129,940 |
| KC CYGNET LIMITED LIABILITY COMPANY | Chicago, IL | 2019 | $124,057 |
| CMR Consulting LLC | Guilford, CT | 2020 | $123,336 |
| Fields Enterprises, LLC | Columbia, SC | 2021 | $122,399 |
| Crum Brothers, Inc. | Midlothian, VA | 2021 | $122,042 |
| Pinkie Toes Investments, LLC | Highland Village, TX | 2020 | $120,215 |
| KENAM Services, Inc. | Aurora, CO | 2021 | $119,617 |
| ABBOTTAZ ENTERPRISES LLC | Bend, OR | 2022 | $118,140 |
| Thwing Technology Group, Inc. | Mckinney, TX | 2020 | $110,434 |
| The SutTech Group, Inc. | Saint Petersburg, FL | 2022 | $108,956 |
| THE KILTON GROUP, LLC | Worthington, OH | 2021 | $106,073 |
| Emes Technologies LLC | Henderson, NV | 2021 | $94,289 |
| The Holder Group LLC | Joplin, MO | 2019 | $49,118 |
| Wildmacflowers LLC dba Experimac of Pickerington | Heath, OH | 2019 | $25,022 |
Each row above is an SBA 7(a) loan tied to this brand, charged off (defaulted) within seven years of approval — a few businesses appear more than once. Names, cities and loss amounts are exactly as they appear in the SBA’s FOIA release of 2026-06-30; street addresses are omitted by choice. Count them: there are 40 loans.
How this brand compares
share of owners who defaulted within seven yearsFranchise disclosure documents are not required to tell you how many owners failed. This is computed from the federal record of every SBA loan made to this brand, so it is the outcome, not the pitch.
When owners got into trouble
share of failures by yearFailures usually cluster once the opening cash is spent and the first rent increase lands. Plan working capital for that window, not for month one.
A rebrand you should know about
Experimac → ExperimaxAround 2018–19, after a trademark dispute with Apple, this franchise rebranded from Experimac to Experimax. The SBA’s federal file records the two names separately, so the figures on this page cover loans made under the Experimac name only.
Under the Experimax name the brand took 15 more SBA 7(a) loans through 2021, four of which have been charged off. Counted as one brand, the record is 44 of 74 seasoned loans charged off — 59.5%. Lending continued past 2018; it did not simply stop. We record the names as the government does — read them together.
Each year's owners, as they aged
cumulative % of loan dollars charged off| Opened | Yr 1 | Yr 2 | Yr 3 | Yr 4 | Yr 5 | Yr 6 | Yr 7 | Yr 8 | Yr 9 | Yr 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2016 | 3.2 | 34.5 | 37.9 | 37.9 | 43.3 | 50.8 | 50.8 | 51.6 | 51.6 | · |
| 2017 | 3.4 | 20.4 | 41.8 | 47.7 | 55.9 | 58.6 | 58.6 | 58.6 | · | · |
Each row is one year's crop of new owners. Read across to watch them age; read down a column to compare different years at the same point in their life. Blank cells are simply too recent to know.
Brands worth comparing against this one
A default rate only means something next to its neighbours. These are the brands yours is being compared against.
Before you sign anything
This page tells you how past owners fared with SBA debt. It does not tell you whether this brand suits you, what the territory looks like, or how the franchisor behaves. Ask for Item 19, talk to at least five current franchisees and two who left, and run your own numbers.
Check whether the numbers work → What the SBA Franchise Directory is →
Common questions
What percentage of Experimac franchises default on their SBA loans?
Of the 64 Experimac SBA 7(a) loans old enough to judge, 40 — 62.5% — were charged off within seven years. That is well above the roughly 5.7% average across all SBA 7(a) loans.
Is Experimac a good franchise to buy with an SBA loan?
This page can only tell you how Experimac's SBA loans have performed, not whether it will work for you. A high default rate does not by itself mean a bad business — it usually means one that has been harder to finance profitably, which changes what a lender will offer you. Experimac's 62.5% is well above the ~5.7% norm. Weigh it against the franchise disclosure document and your own numbers before deciding.
How much have lenders lost on Experimac SBA loans?
Across the seasoned Experimac loans in the federal record, 40 were charged off, with about $5,085,732 in SBA losses in total. Every one of those businesses is listed by name on this page — see the 40 that defaulted.