OXI FRESH CARPET CLEANING: how its 61 SBA loans actually performed
Carpet and Upholstery Cleaning Services · 61 units financed with SBA 7(a) loans since 2010 · 21 lenders have funded this brand.
6 of 25 owners defaulted on their SBA loan
That is 24.0% — roughly 4 times the 5.7% average across all SBA 7(a) loans. It does not make this a bad business. It makes it an expensive one to finance.
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 | 31 |
| Celtic Bank Corporation | 7 |
| Readycap Lending, LLC | 3 |
| Manufacturers and Traders Trust Company | 2 |
| Southern Bank | 2 |
| Harborstone CU | 1 |
21 lenders have funded OXI FRESH CARPET CLEANING since 2010. Fewer active lenders means less competition on your rate.
A note on sample size
OXI FRESH CARPET CLEANING is a smaller-sample brand: 25 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 25 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 OXI FRESH CARPET CLEANING SBA loans have defaulted?
6 of 25 seasoned OXI FRESH CARPET CLEANING SBA 7(a) loans charged off within seven years — a 24.0% default rate, against 5.7% across all SBA 7(a) loans.
Is a OXI FRESH CARPET CLEANING 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 25 loans it is a smaller sample than our flagship brands.
Which lenders fund OXI FRESH CARPET CLEANING franchises?
21 lenders have made SBA loans to OXI FRESH CARPET CLEANING since 2010, led by United Midwest Savings Bank National Association.