Franchise Failure Rates

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

Floorcoverings International Franchise Failure Rate: 25.0% SBA Loan Defaults (2010–2019 Federal Data)

25.0%
charge-off rate on 20 SBA 7(a) loans to Floorcoverings International franchisees, FY2010–2019
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019 — Floorcoverings International against its industry and all franchises
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019: Floorcoverings International 25.0%; Floor Covering Stores 8.7%; All franchises 10.2%Floorcoverings International 25.0%; Floor Covering Stores 8.7%; All franchises 10.2%0%5%10%15%20%25%FloorcoveringsInternational25.0%Floor Covering Stores8.7%All franchises10.2%
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019: Floorcoverings International 25.0%; Floor Covering Stores 8.7%; All franchises 10.2%Floorcoverings International 25.0%; Floor Covering Stores 8.7%; All franchises 10.2%0%5%10%15%20%25%Floorcoverings International25.0%Floor Covering Stores8.7%All franchises10.2%

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

About 1 in 4 Floorcoverings International SBA borrowers failed to repay — more than double the Floor Covering Stores average of 8.7%.

Between 2010 and 2019, 20 Floorcoverings International franchisees financed with SBA 7(a) loans. 5 defaulted — a 25.0% charge-off rate, 2.9x the Floor Covering Stores average of 8.7%. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.

What is the Floorcoverings International franchise failure rate on SBA loans?

Floorcoverings International is a Floor Covering Stores franchise. This page reports the outcome of every SBA 7(a) loan the U.S. Small Business Administration's public FOIA file attributes to Floorcoverings International franchisees: 20 loans approved between fiscal 2010 and 2019, of which 5 were 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 Floorcoverings International compare with other Floor Covering Stores franchises?

The table sets Floorcoverings International's charge-off rate beside its Floor Covering Stores 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.

Floorcoverings International versus benchmarks, SBA 7(a) loans approved FY2010–FY2019, statuses as of June 30, 2026. Source: U.S. SBA FOIA dataset.
MeasureFloorcoverings InternationalFloor Covering StoresAll franchisesAll SBA borrowers
Default (charge-off) rate25.0%8.7%10.2%8.0%
Loans in sample20———
Defaults5———
Average loan size$109,600———
Charge-off rate by approval year — share of each fiscal year's Floorcoverings International 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: FY2014 0% of 3 loans; FY2015 75% of 4 loans; FY2016 0% of 3 loans; FY2017 20% of 10 loansCharge-off rate by approval year: FY2014 0% of 3 loans; FY2015 75% of 4 loans; FY2016 0% of 3 loans; FY2017 20% of 10 loans0%10%20%0%2014n=375%2015n=40%2016n=320%2017n=10
Charge-off rate by approval year: FY2014 0% of 3 loans; FY2015 75% of 4 loans; FY2016 0% of 3 loans; FY2017 20% of 10 loansCharge-off rate by approval year: FY2014 0% of 3 loans; FY2015 75% of 4 loans; FY2016 0% of 3 loans; FY2017 20% of 10 loans0%10%20%0%’14n=375%’15n=40%’16n=320%’17n=10

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

Show the numbers behind this chart
Fiscal yearLoansCharged offRate
FY2014300.0%
FY20154375.0%
FY2016300.0%
FY201710220.0%

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?

Floorcoverings International's figure rests on 20 resolved SBA 7(a) loans approved between fiscal 2010 and 2019 — a matured cohort, so the rate is a settled outcome, not a projection. With 20 resolved loans, one default moves the rate by about 5.0 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 Floorcoverings International figure is recomputed from the public SBA FOIA file on each rebuild.

Based on 20 resolved loans — directional, not precise.

Frequently asked

What is Floorcoverings International's franchise failure rate on SBA loans?
Between 2010 and 2019, 20 Floorcoverings International franchisees financed with SBA 7(a) loans. 5 defaulted — a 25.0% charge-off rate, 2.9x the Floor Covering Stores average of 8.7%. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.
Is Floorcoverings International a safe franchise investment?
Between 2010–2019, Floorcoverings International franchisees defaulted on SBA loans at 25.0% versus a 8.7% industry average. This data is one input for due diligence; it is not investment advice.

Cite this page

Franchise Default Rates (2026). Floorcoverings International franchise SBA 7(a) default rate, FY2010–FY2019 cohort: 25.0% (5 of 20 loans charged off). Derived from U.S. SBA FOIA data, loan statuses as of June 30, 2026.

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