ZIPPY SHELL: how its 28 SBA loans actually performed
Lessors of Miniwarehouses and Self-Storage Units · 28 units financed with SBA 7(a) loans since 2010 · 4 lenders have funded this brand.
Defaults run above the SBA-wide average
2 of 27 seasoned units charged off — 7.4%, 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 |
|---|---|
| Celtic Bank Corporation | 18 |
| U.S. Bank, National Association | 8 |
| Happen Bank | 1 |
| HomeTrust Bank | 1 |
4 lenders have funded ZIPPY SHELL since 2010. Fewer active lenders means less competition on your rate.
A note on sample size
ZIPPY SHELL is a smaller-sample brand: 27 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 27 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 ZIPPY SHELL SBA loans have defaulted?
2 of 27 seasoned ZIPPY SHELL SBA 7(a) loans charged off within seven years — a 7.4% default rate, against 5.7% across all SBA 7(a) loans.
Is a ZIPPY SHELL 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 27 loans it is a smaller sample than our flagship brands.
Which lenders fund ZIPPY SHELL franchises?
4 lenders have made SBA loans to ZIPPY SHELL since 2010, led by Celtic Bank Corporation.