Smartstyle: how its 67 SBA loans actually performed
Beauty Salons · 67 units financed with SBA 7(a) loans since 2010 · 16 lenders have funded this brand.
Defaults run at or below the SBA-wide average
1 of 22 seasoned units charged off — 4.5%, 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 |
|---|---|
| Stearns Bank National Association | 22 |
| Live Oak Banking Company | 18 |
| BankUnited, National Association | 6 |
| The Huntington National Bank | 3 |
| SouthState Bank, National Association | 3 |
| Manufacturers and Traders Trust Company | 2 |
16 lenders have funded Smartstyle since 2010. Fewer active lenders means less competition on your rate.
A note on sample size
Smartstyle is a smaller-sample brand: 22 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 22 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 Smartstyle SBA loans have defaulted?
1 of 22 seasoned Smartstyle SBA 7(a) loans charged off within seven years — a 4.5% default rate, against 5.7% across all SBA 7(a) loans.
Is a Smartstyle franchise a safe SBA loan bet?
By the numbers its default rate is below the SBA-wide 5.7% average. That is a financing signal, not a verdict on the business — and with 22 loans it is a smaller sample than our flagship brands.
Which lenders fund Smartstyle franchises?
16 lenders have made SBA loans to Smartstyle since 2010, led by Stearns Bank National Association.