SBA 7(a) loan outcomes · FY2010–FY2019 cohort · Statuses as of June 30, 2026 · Last updated August 17, 2026
Elements Massage Franchise Failure Rate on SBA Loans: 0 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.
None of the 17 Elements Massage SBA borrowers in the sample failed to repay — but 17 loans is too few to call a rate.
0 of 17 SBA 7(a) loans to Elements Massage 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 Elements Massage franchise failure rate on SBA loans?
Elements Massage is a Other Personal Care Services franchise. This page reports the outcome of every SBA 7(a) loan the U.S. Small Business Administration's public FOIA file attributes to Elements Massage franchisees: 17 loans approved between fiscal 2010 and 2019, of which 0 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 off0
- Charge-off rate (small sample)0.0%
- Other Personal Care Services franchise benchmark10.0%
- All-franchise SBA benchmark10.2%
- Average loan size, 2010s cohort$241,553
- New SBA loans since 202041
- Early charge-offs since 20201
How does Elements Massage compare with other Other Personal Care Services franchises?
The table sets Elements Massage's charge-off rate beside its Other Personal Care Services 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 | Elements Massage | Other Personal Care Services | All franchises | All SBA borrowers |
|---|---|---|---|---|
| Default (charge-off) rate | 0.0% (small sample) | 10.0% | 10.2% | 8.0% |
| Loans in sample | 17 | — | — | — |
| Defaults | 0 | — | — | — |
| Average loan size | $241,553 | — | — | — |
What has Elements Massage SBA lending looked like since 2020?
Since 2020, Elements Massage franchisees have taken 41 new SBA 7(a) loans. 1 has 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: 1 has 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 |
|---|---|---|---|
| FY2013 | 1 | 0 | 0.0% |
| FY2014 | 1 | 0 | 0.0% |
| FY2015 | 1 | 0 | 0.0% |
| FY2018 | 8 | 0 | 0.0% |
| FY2019 | 6 | 0 | 0.0% |
| FY2020 | 4 | — | outstanding |
| FY2021 | 6 | — | outstanding |
| FY2022 | 9 | — | outstanding |
| FY2023 | 7 | — | outstanding |
| FY2024 | 6 | — | outstanding |
| FY2025 | 7 | — | 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?
Elements Massage'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 Elements Massage 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 Elements Massage's franchise failure rate on SBA loans?
- 0 of 17 SBA 7(a) loans to Elements Massage 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 Elements Massage a safe franchise investment?
- Between 2010–2019, 0 of 17 SBA loans to Elements Massage 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). Elements Massage franchise SBA 7(a) loan outcomes, FY2010–FY2019 cohort: 0 of 17 loans charged off. Derived from U.S. SBA FOIA data, loan statuses as of June 30, 2026.
https://franchisefailurerates.com/franchise/elements-massage/ · Data & methodology · Download the dataset (CSV)