SBA 7(a) loan outcomes · FY2010–FY2019 cohort · Statuses as of June 30, 2026 · Last updated August 17, 2026
Health Mart Inc. Franchise Failure Rate on SBA Loans: 1 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.
1 of 15 Health Mart Inc. 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 Health Mart Inc. 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 Health Mart Inc. franchise failure rate on SBA loans?
Health Mart Inc. is a Pharmacies and Drug 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 Health Mart Inc. 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.
- SBA 7(a) loans approved FY2010–FY201915
- Charged off1
- Charge-off rate (small sample)6.7%
- Pharmacies and Drug Stores franchise benchmark6.0%
- Brand vs industry1.1x
- All-franchise SBA benchmark10.2%
- Average loan size, 2010s cohort$264,427
How does Health Mart Inc. compare with other Pharmacies and Drug Stores franchises?
The table sets Health Mart Inc.'s charge-off rate beside its Pharmacies and Drug 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.
| Measure | Health Mart Inc. | Pharmacies and Drug Stores | All franchises | All SBA borrowers |
|---|---|---|---|---|
| Default (charge-off) rate | 6.7% (small sample) | 6.0% | 10.2% | 8.0% |
| Loans in sample | 15 | — | — | — |
| Defaults | 1 | — | — | — |
| Average loan size | $264,427 | — | — | — |
Source: U.S. SBA FOIA dataset, statuses as of June 30, 2026.
Show the numbers behind this chart
| Fiscal year | Loans | Charged off | Rate |
|---|---|---|---|
| FY2010 | 3 | 0 | 0.0% |
| FY2011 | 3 | 0 | 0.0% |
| FY2012 | 6 | 1 | 16.7% |
| FY2013 | 3 | 0 | 0.0% |
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?
Health Mart Inc.'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 Health Mart Inc. 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 Health Mart Inc.'s franchise failure rate on SBA loans?
- 1 of 15 SBA 7(a) loans to Health Mart Inc. 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 Health Mart Inc. a safe franchise investment?
- Between 2010–2019, 1 of 15 SBA loans to Health Mart Inc. 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). Health Mart Inc. 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/health-mart-inc/ · Data & methodology · Download the dataset (CSV)