SBA 7(a) loan outcomes · FY2010–FY2019 cohort · Statuses as of June 30, 2026 · Last updated August 17, 2026
HealthSource Chiropractic Franchise Failure Rate: 8.6% 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 12 HealthSource Chiropractic SBA borrowers failed to repay — above the Offices of Chiropractors average of 6.6%.
Between 2010 and 2019, 70 HealthSource Chiropractic franchisees financed with SBA 7(a) loans. 6 defaulted — a 8.6% charge-off rate, 1.3x the Offices of Chiropractors average of 6.6%. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.
What is the HealthSource Chiropractic franchise failure rate on SBA loans?
HealthSource Chiropractic is a Offices of Chiropractors franchise. This page reports the outcome of every SBA 7(a) loan the U.S. Small Business Administration's public FOIA file attributes to HealthSource Chiropractic franchisees: 70 loans approved between fiscal 2010 and 2019, of which 6 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–FY201970
- Charged off6
- Charge-off rate8.6%
- Offices of Chiropractors franchise benchmark6.6%
- Brand vs industry1.3x
- All-franchise SBA benchmark10.2%
- Average loan size, 2010s cohort$185,326
- New SBA loans since 202027
- Early charge-offs since 20202
How does HealthSource Chiropractic compare with other Offices of Chiropractors franchises?
The table sets HealthSource Chiropractic's charge-off rate beside its Offices of Chiropractors 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 | HealthSource Chiropractic | Offices of Chiropractors | All franchises | All SBA borrowers |
|---|---|---|---|---|
| Default (charge-off) rate | 8.6% | 6.6% | 10.2% | 8.0% |
| Loans in sample | 70 | — | — | — |
| Defaults | 6 | — | — | — |
| Average loan size | $185,326 | — | — | — |
What has HealthSource Chiropractic SBA lending looked like since 2020?
Since 2020, HealthSource Chiropractic franchisees have taken 27 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 |
|---|---|---|---|
| FY2010 | 8 | 1 | 12.5% |
| FY2011 | 1 | 0 | 0.0% |
| FY2012 | 6 | 0 | 0.0% |
| FY2013 | 8 | 1 | 12.5% |
| FY2014 | 11 | 2 | 18.2% |
| FY2015 | 13 | 0 | 0.0% |
| FY2016 | 8 | 1 | 12.5% |
| FY2017 | 6 | 0 | 0.0% |
| FY2018 | 5 | 0 | 0.0% |
| FY2019 | 4 | 1 | 25.0% |
| FY2020 | 1 | — | outstanding |
| FY2021 | 1 | — | outstanding |
| FY2022 | 3 | — | outstanding |
| FY2023 | 3 | — | outstanding |
| FY2024 | 11 | — | outstanding |
| FY2025 | 7 | — | outstanding |
| FY2026 | 1 | — | 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?
HealthSource Chiropractic's figure rests on 70 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 70 resolved loans, one default moves the rate by about 1.4 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 HealthSource Chiropractic figure is recomputed from the public SBA FOIA file on each rebuild.
Based on 70 resolved loans — directional, not precise.
Frequently asked
- What is HealthSource Chiropractic's franchise failure rate on SBA loans?
- Between 2010 and 2019, 70 HealthSource Chiropractic franchisees financed with SBA 7(a) loans. 6 defaulted — a 8.6% charge-off rate, 1.3x the Offices of Chiropractors average of 6.6%. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.
- Is HealthSource Chiropractic a safe franchise investment?
- Between 2010–2019, HealthSource Chiropractic franchisees defaulted on SBA loans at 8.6% versus a 6.6% industry average. This data is one input for due diligence; it is not investment advice.
Cite this page
Franchise Default Rates (2026). HealthSource Chiropractic franchise SBA 7(a) default rate, FY2010–FY2019 cohort: 8.6% (6 of 70 loans charged off). Derived from U.S. SBA FOIA data, loan statuses as of June 30, 2026.
https://franchisefailurerates.com/franchise/healthsource-chiropractic/ · Data & methodology · Download the dataset (CSV)