Franchise Failure Rates

SBA 7(a) loan outcomes · FY2010–FY2019 cohort · Statuses as of June 30, 2026 · Last updated August 17, 2026

Aire Serv Franchise Failure Rate on SBA Loans: 1 of 15 Charged Off (Federal Data)

1 of 15
SBA 7(a) loans to Aire Serv franchisees (FY2010–2019) ended in charge-off
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019 — Aire Serv against its industry and all franchises
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019: Aire Serv 6.7%; Plumbing, Heating, and Air-Conditioning Contractors 7.1%; All franchises 10.2%Aire Serv 6.7%; Plumbing, Heating, and Air-Conditioning Contractors 7.1%; All franchises 10.2%0%2%4%6%8%10%Aire Serv6.7% (small sample)Plumbing, Heating, andAir-Conditioning7.1%All franchises10.2%
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019: Aire Serv 6.7%; Plumbing, Heating, and Air-Conditioning Contractors 7.1%; All franchises 10.2%Aire Serv 6.7%; Plumbing, Heating, and Air-Conditioning Contractors 7.1%; All franchises 10.2%0%2%4%6%8%10%Aire Serv6.7% (small sample)Plumbing, Heating, and Air-Conditioning Contractors7.1%All franchises10.2%

Source: U.S. SBA FOIA dataset, statuses as of June 30, 2026. Figures also in the comparison table below.

1 of 15 Aire Serv SBA borrowers failed to repay — too few loans to call a rate; read it as a flag, not a verdict.

1 of 15 SBA 7(a) loans to Aire Serv 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 Aire Serv franchise failure rate on SBA loans?

Aire Serv is a Plumbing, Heating, and Air-Conditioning 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 Aire Serv franchisees: 15 loans approved between fiscal 2010 and 2019, of which 1 was charged off. Loan statuses are as of June 30, 2026, and the cohort has matured, so these are settled outcomes rather than projections.

How does Aire Serv compare with other Plumbing, Heating, and Air-Conditioning Contractors franchises?

The table sets Aire Serv's charge-off rate beside its Plumbing, Heating, and Air-Conditioning 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.

Aire Serv versus benchmarks, SBA 7(a) loans approved FY2010–FY2019, statuses as of June 30, 2026. Source: U.S. SBA FOIA dataset.
MeasureAire ServPlumbing, Heating, and Air-Conditioning ContractorsAll franchisesAll SBA borrowers
Default (charge-off) rate6.7% (small sample)7.1%10.2%8.0%
Loans in sample15———
Defaults1———
Average loan size$196,060———

What has Aire Serv SBA lending looked like since 2020?

Since 2020, Aire Serv franchisees have taken 83 new SBA 7(a) loans. 8 have already charged off. Early defaults on loans under six years old are notable — most SBA failures take longer to develop.

Charge-off rate by approval year — share of each fiscal year's Aire Serv SBA 7(a) loans that later defaulted (FY2010–FY2019); years with fewer than 10 loans are outlined, not filled
Charge-off rate by approval year: FY2010 0% of 1 loans; FY2011 0% of 2 loans; FY2012 0% of 1 loans; FY2014 0% of 1 loans; FY2015 0% of 3 loans; FY2017 0% of 3 loans; FY2018 50% of 2 loans; FY2019 0% of 2 loansCharge-off rate by approval year: FY2010 0% of 1 loans; FY2011 0% of 2 loans; FY2012 0% of 1 loans; FY2014 0% of 1 loans; FY2015 0% of 3 loans; FY2017 0% of 3 loans; FY2018 50% of 2 loans; FY2019 0% of 2 loans0%5%10%0%2010n=10%2011n=20%2012n=10%2014n=10%2015n=30%2017n=350%2018n=20%2019n=2
Charge-off rate by approval year: FY2010 0% of 1 loans; FY2011 0% of 2 loans; FY2012 0% of 1 loans; FY2014 0% of 1 loans; FY2015 0% of 3 loans; FY2017 0% of 3 loans; FY2018 50% of 2 loans; FY2019 0% of 2 loansCharge-off rate by approval year: FY2010 0% of 1 loans; FY2011 0% of 2 loans; FY2012 0% of 1 loans; FY2014 0% of 1 loans; FY2015 0% of 3 loans; FY2017 0% of 3 loans; FY2018 50% of 2 loans; FY2019 0% of 2 loans0%5%10%0%’10n=10%’11n=20%’12n=10%’14n=10%’15n=30%’17n=350%’18n=20%’19n=2

Loans approved since 2020, by fiscal year — counts only: 8 have charged off to date and most are still outstanding, so no rate is drawn.

Loans approved since 2020: FY2020 7; FY2021 8; FY2022 4; FY2023 4; FY2024 21; FY2025 20; FY2026 19Loans approved since 2020: FY2020 7; FY2021 8; FY2022 4; FY2023 4; FY2024 21; FY2025 20; FY2026 1972020820214202242023212024202025192026
Loans approved since 2020: FY2020 7; FY2021 8; FY2022 4; FY2023 4; FY2024 21; FY2025 20; FY2026 19Loans approved since 2020: FY2020 7; FY2021 8; FY2022 4; FY2023 4; FY2024 21; FY2025 20; FY2026 197’208’214’224’2321’2420’2519’26

Source: U.S. SBA FOIA dataset, statuses as of June 30, 2026.

Show the numbers behind this chart
Fiscal yearLoansCharged offRate
FY2010100.0%
FY2011200.0%
FY2012100.0%
FY2014100.0%
FY2015300.0%
FY2017300.0%
FY20182150.0%
FY2019200.0%
FY20207—outstanding
FY20218—outstanding
FY20224—outstanding
FY20234—outstanding
FY202421—outstanding
FY202520—outstanding
FY202619—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?

Aire Serv's figure rests on 15 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 15 resolved loans, one default moves the rate by about 6.7 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 Aire Serv figure is recomputed from the public SBA FOIA file on each rebuild.

Small sample (15 loans). A single default moves this figure substantially.

Frequently asked

What is Aire Serv's franchise failure rate on SBA loans?
1 of 15 SBA 7(a) loans to Aire Serv 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 Aire Serv a safe franchise investment?
Between 2010–2019, 1 of 15 SBA loans to Aire Serv 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). Aire Serv franchise SBA 7(a) loan outcomes, FY2010–FY2019 cohort: 1 of 15 loans charged off. Derived from U.S. SBA FOIA data, loan statuses as of June 30, 2026.

https://franchisefailurerates.com/franchise/aire-serv/ · Data & methodology · Download the dataset (CSV)