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UPTOWN CHEAPSKATE: how its 109 SBA loans actually performed

Used Merchandise Stores · 109 units financed with SBA 7(a) loans since 2010 · 21 lenders have funded this brand.

Defaults run above the SBA-wide average

3 of 29 seasoned units charged off — 10.3%, against 5.7% across all SBA 7(a) loans.

Units financed
109
SBA 7(a), 2010 onward
Old enough to judge
29
loans at least 7 years old
Defaulted
3
charged off in 7 yrs
Default rate
10.3%
all 7(a) avg 5.7%
Typical loan
$238,000
median approved

How this brand compares

share of owners who defaulted within seven years
UPTOWN CHEAPSKATE
10.3%
Typical franchise brand
3.0%
All SBA 7(a) loans
5.7%

Who lends on it

most active lenders, 2010 onward
LenderUnits funded
Wells Fargo Bank National Association41
Citizens Bank20
KeyBank National Association16
The Huntington National Bank10
Enterprise Bank & Trust3
BancFirst3

21 lenders have funded UPTOWN CHEAPSKATE since 2010. Fewer active lenders means less competition on your rate.

A note on sample size

UPTOWN CHEAPSKATE is a smaller-sample brand: 29 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 29 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 UPTOWN CHEAPSKATE SBA loans have defaulted?

3 of 29 seasoned UPTOWN CHEAPSKATE SBA 7(a) loans charged off within seven years — a 10.3% default rate, against 5.7% across all SBA 7(a) loans.

Is a UPTOWN CHEAPSKATE 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 29 loans it is a smaller sample than our flagship brands.

Which lenders fund UPTOWN CHEAPSKATE franchises?

21 lenders have made SBA loans to UPTOWN CHEAPSKATE since 2010, led by Wells Fargo Bank National Association.

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