SBA 7(a) loan outcomes · FY2010–FY2019 cohort · Statuses as of June 30, 2026 · Last updated August 17, 2026
Health Mart Pharmacy Franchise Failure Rate: 5.0% SBA Loan Defaults (2010–2019 Federal Data)
Source: U.S. SBA FOIA dataset, statuses as of June 30, 2026. Figures also in the comparison table below.
About 1 in 20 Health Mart Pharmacy SBA borrowers failed to repay — below the Pharmacies and Drug Stores average of 6.0%.
Between 2010 and 2019, 20 Health Mart Pharmacy franchisees financed with SBA 7(a) loans. 1 defaulted — a 5.0% charge-off rate, 0.8x the Pharmacies and Drug Stores average of 6.0%. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.
What is the Health Mart Pharmacy franchise failure rate on SBA loans?
Health Mart Pharmacy 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 Pharmacy franchisees: 20 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–FY201920
- Charged off1
- Charge-off rate5.0%
- Pharmacies and Drug Stores franchise benchmark6.0%
- Brand vs industry0.8x
- All-franchise SBA benchmark10.2%
- Average loan size, 2010s cohort$671,145
- New SBA loans since 202038
- Early charge-offs since 20202
How does Health Mart Pharmacy compare with other Pharmacies and Drug Stores franchises?
The table sets Health Mart Pharmacy'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 Pharmacy | Pharmacies and Drug Stores | All franchises | All SBA borrowers |
|---|---|---|---|---|
| Default (charge-off) rate | 5.0% | 6.0% | 10.2% | 8.0% |
| Loans in sample | 20 | — | — | — |
| Defaults | 1 | — | — | — |
| Average loan size | $671,145 | — | — | — |
What has Health Mart Pharmacy SBA lending looked like since 2020?
Since 2020, Health Mart Pharmacy franchisees have taken 38 new SBA 7(a) loans. 2 have 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: 2 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 |
|---|---|---|---|
| FY2015 | 1 | 0 | 0.0% |
| FY2018 | 9 | 1 | 11.1% |
| FY2019 | 10 | 0 | 0.0% |
| FY2020 | 18 | — | outstanding |
| FY2021 | 8 | — | outstanding |
| FY2022 | 4 | — | outstanding |
| FY2023 | 6 | — | outstanding |
| FY2024 | 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?
Health Mart Pharmacy'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 Health Mart Pharmacy figure is recomputed from the public SBA FOIA file on each rebuild.
Based on 20 resolved loans — directional, not precise.
Frequently asked
- What is Health Mart Pharmacy's franchise failure rate on SBA loans?
- Between 2010 and 2019, 20 Health Mart Pharmacy franchisees financed with SBA 7(a) loans. 1 defaulted — a 5.0% charge-off rate, 0.8x the Pharmacies and Drug Stores average of 6.0%. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.
- Is Health Mart Pharmacy a safe franchise investment?
- Between 2010–2019, Health Mart Pharmacy franchisees defaulted on SBA loans at 5.0% versus a 6.0% industry average. This data is one input for due diligence; it is not investment advice.
Cite this page
Franchise Default Rates (2026). Health Mart Pharmacy franchise SBA 7(a) default rate, FY2010–FY2019 cohort: 5.0% (1 of 20 loans charged off). Derived from U.S. SBA FOIA data, loan statuses as of June 30, 2026.
https://franchisefailurerates.com/franchise/health-mart-pharmacy/ · Data & methodology · Download the dataset (CSV)