Junk King: how its 72 SBA loans actually performed
Other Waste Collection · 72 units financed with SBA 7(a) loans since 2010 · 29 lenders have funded this brand.
Defaults run above the SBA-wide average
2 of 24 seasoned units charged off — 8.3%, against 5.7% across all SBA 7(a) loans.
How this brand compares
share of owners who defaulted within seven yearsWho lends on it
most active lenders, 2010 onward| Lender | Units funded |
|---|---|
| United Midwest Savings Bank National Association | 24 |
| The Huntington National Bank | 7 |
| Celtic Bank Corporation | 6 |
| U.S. Bank, National Association | 3 |
| Byline Bank | 3 |
| Newtek Small Business Finance, Inc. | 2 |
29 lenders have funded Junk King since 2010. Fewer active lenders means less competition on your rate.
A note on sample size
Junk King is a smaller-sample brand: 24 of its SBA loans are old enough to judge (our flagship brands have 60+). The default rate above is a real count, but read it as a signal rather than a verdict — with 24 loans, a handful of outcomes moves the number. We omit the year-by-year breakdowns shown on larger brands, which would be noisy at this size.
Common questions
How many Junk King SBA loans have defaulted?
2 of 24 seasoned Junk King SBA 7(a) loans charged off within seven years — a 8.3% default rate, against 5.7% across all SBA 7(a) loans.
Is a Junk King franchise a safe SBA loan bet?
By the numbers its default rate is above the SBA-wide 5.7% average. That is a financing signal, not a verdict on the business — and with 24 loans it is a smaller sample than our flagship brands.
Which lenders fund Junk King franchises?
29 lenders have made SBA loans to Junk King since 2010, led by United Midwest Savings Bank National Association.