SBA 7(a) loan outcomes · FY2010–FY2019 cohort · Statuses as of June 30, 2026 · Last updated August 17, 2026
Apple Spice Franchise Failure Rate on SBA Loans: 2 of 15 Charged Off (Federal Data)
Source: U.S. SBA FOIA dataset, statuses as of June 30, 2026. Figures also in the comparison table below.
2 of 15 Apple Spice SBA borrowers failed to repay — too few loans to call a rate; read it as a flag, not a verdict.
2 of 15 SBA 7(a) loans to Apple Spice 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 Apple Spice franchise failure rate on SBA loans?
Apple Spice is a Caterers franchise. This page reports the outcome of every SBA 7(a) loan the U.S. Small Business Administration's public FOIA file attributes to Apple Spice franchisees: 15 loans approved between fiscal 2010 and 2019, of which 2 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–FY201915
- Charged off2
- Charge-off rate (small sample)13.3%
- Caterers franchise benchmark9.7%
- Brand vs industry1.4x
- All-franchise SBA benchmark10.2%
- Average loan size, 2010s cohort$268,360
- New SBA loans since 20208
- Early charge-offs since 20200
How does Apple Spice compare with other Caterers franchises?
The table sets Apple Spice's charge-off rate beside its Caterers 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.
| Measure | Apple Spice | Caterers | All franchises | All SBA borrowers |
|---|---|---|---|---|
| Default (charge-off) rate | 13.3% (small sample) | 9.7% | 10.2% | 8.0% |
| Loans in sample | 15 | — | — | — |
| Defaults | 2 | — | — | — |
| Average loan size | $268,360 | — | — | — |
What has Apple Spice SBA lending looked like since 2020?
Since 2020, Apple Spice franchisees have taken 8 new SBA 7(a) loans. None have charged off to date, though most remain outstanding and unresolved.
Loans approved since 2020, by fiscal year — counts only: 0 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 |
|---|---|---|---|
| FY2018 | 6 | 0 | 0.0% |
| FY2019 | 9 | 2 | 22.2% |
| FY2020 | 4 | — | outstanding |
| FY2022 | 2 | — | 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?
Apple Spice'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 Apple Spice 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 Apple Spice's franchise failure rate on SBA loans?
- 2 of 15 SBA 7(a) loans to Apple Spice 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 Apple Spice a safe franchise investment?
- Between 2010–2019, 2 of 15 SBA loans to Apple Spice 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). Apple Spice franchise SBA 7(a) loan outcomes, FY2010–FY2019 cohort: 2 of 15 loans charged off. Derived from U.S. SBA FOIA data, loan statuses as of June 30, 2026.
https://franchisefailurerates.com/franchise/apple-spice/ · Data & methodology · Download the dataset (CSV)