SBA 7(a) loan outcomes · FY2010–FY2019 cohort · Statuses as of June 30, 2026 · Last updated August 17, 2026
360 Painting Franchise Failure Rate on SBA Loans: 4 of 17 Charged Off (Federal Data)
Source: U.S. SBA FOIA dataset, statuses as of June 30, 2026. Figures also in the comparison table below.
4 of 17 360 Painting SBA borrowers failed to repay — too few loans to call a rate; read it as a flag, not a verdict.
4 of 17 SBA 7(a) loans to 360 Painting franchisees (2010–2019) ended in charge-off. The sample is small; treat this as a diligence flag, not a verdict. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.
What is the 360 Painting franchise failure rate on SBA loans?
360 Painting is a Painting and Wall Covering Contractors franchise. This page reports the outcome of every SBA 7(a) loan the U.S. Small Business Administration's public FOIA file attributes to 360 Painting franchisees: 17 loans approved between fiscal 2010 and 2019, of which 4 were charged off. Loan statuses are as of June 30, 2026, and the cohort has matured, so these are settled outcomes rather than projections.
- SBA 7(a) loans approved FY2010–FY201917
- Charged off4
- Charge-off rate (small sample)23.5%
- Painting and Wall Covering Contractors franchise benchmark10.9%
- Brand vs industry2.2x
- All-franchise SBA benchmark10.2%
- Average loan size, 2010s cohort$115,100
- New SBA loans since 202073
- Early charge-offs since 202010
How does 360 Painting compare with other Painting and Wall Covering Contractors franchises?
The table sets 360 Painting's charge-off rate beside its Painting and Wall Covering Contractors peers and the two economy-wide benchmarks. All figures use the same cohort — SBA 7(a) loans approved FY2010–FY2019, statuses as of June 30, 2026 — and the same denominator of resolved loans, so they are directly comparable. A cell in red is more than twice the industry benchmark.
| Measure | 360 Painting | Painting and Wall Covering Contractors | All franchises | All SBA borrowers |
|---|---|---|---|---|
| Default (charge-off) rate | 23.5% (small sample) | 10.9% | 10.2% | 8.0% |
| Loans in sample | 17 | — | — | — |
| Defaults | 4 | — | — | — |
| Average loan size | $115,100 | — | — | — |
What has 360 Painting SBA lending looked like since 2020?
Since 2020, 360 Painting franchisees have taken 73 new SBA 7(a) loans. 10 have already charged off. Early defaults on loans under six years old are notable — most SBA failures take longer to develop.
Loans approved since 2020, by fiscal year — counts only: 10 have charged off to date and most are still outstanding, so no rate is drawn.
Source: U.S. SBA FOIA dataset, statuses as of June 30, 2026.
Show the numbers behind this chart
| Fiscal year | Loans | Charged off | Rate |
|---|---|---|---|
| FY2015 | 1 | 0 | 0.0% |
| FY2017 | 1 | 1 | 100.0% |
| FY2018 | 9 | 1 | 11.1% |
| FY2019 | 6 | 2 | 33.3% |
| FY2020 | 22 | — | outstanding |
| FY2021 | 8 | — | outstanding |
| FY2022 | 10 | — | outstanding |
| FY2023 | 15 | — | outstanding |
| FY2024 | 11 | — | outstanding |
| FY2025 | 5 | — | outstanding |
| FY2026 | 2 | — | outstanding |
How to read this
A charge-off means a franchisee borrowed, operated, and failed severely enough that the SBA wrote off the government-guaranteed loan. Unlike franchisor marketing or Item 19 disclosures, this is an observed outcome recorded by a federal agency. One caveat cuts the other way: SBA borrowers are typically less capitalized than all-cash buyers, so these rates can overstate risk for well-funded operators.
How reliable is this number?
360 Painting's figure rests on 17 resolved SBA 7(a) loans approved between fiscal 2010 and 2019 — a matured cohort, so the count is a settled outcome, not a projection. With 17 resolved loans, one default moves the rate by about 5.9 percentage points. Loans approved since 2020 are excluded from the rate because most are still outstanding; they appear on this page as counts only. Every 360 Painting figure is recomputed from the public SBA FOIA file on each rebuild.
Small sample (17 loans). A single default moves this figure substantially.
Frequently asked
- What is 360 Painting's franchise failure rate on SBA loans?
- 4 of 17 SBA 7(a) loans to 360 Painting franchisees (2010–2019) ended in charge-off. The sample is small; treat this as a diligence flag, not a verdict. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.
- Is 360 Painting a safe franchise investment?
- Between 2010–2019, 4 of 17 SBA loans to 360 Painting franchisees were charged off. The sample is small. This data is one input for due diligence; it is not investment advice.
Cite this page
Franchise Default Rates (2026). 360 Painting franchise SBA 7(a) loan outcomes, FY2010–FY2019 cohort: 4 of 17 loans charged off. Derived from U.S. SBA FOIA data, loan statuses as of June 30, 2026.
https://franchisefailurerates.com/franchise/360-painting/ · Data & methodology · Download the dataset (CSV)