Franchise Failure Rates

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

Junk King Franchise Failure Rate: 8.3% SBA Loan Defaults (2010–2019 Federal Data)

8.3%
charge-off rate on 24 SBA 7(a) loans to Junk King franchisees, FY2010–2019
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019 — Junk King against its industry and all franchises
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019: Junk King 8.3%; Other Waste Collection 7.6%; All franchises 10.2%Junk King 8.3%; Other Waste Collection 7.6%; All franchises 10.2%0%2%4%6%8%10%Junk King8.3%Other Waste Collection7.6%All franchises10.2%
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019: Junk King 8.3%; Other Waste Collection 7.6%; All franchises 10.2%Junk King 8.3%; Other Waste Collection 7.6%; All franchises 10.2%0%2%4%6%8%10%Junk King8.3%Other Waste Collection7.6%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 12 Junk King SBA borrowers failed to repay — above the Other Waste Collection average of 7.6%.

Between 2010 and 2019, 24 Junk King franchisees financed with SBA 7(a) loans. 2 defaulted — a 8.3% charge-off rate, 1.1x the Other Waste Collection average of 7.6%. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.

What is the Junk King franchise failure rate on SBA loans?

Junk King is a Other Waste Collection franchise. This page reports the outcome of every SBA 7(a) loan the U.S. Small Business Administration's public FOIA file attributes to Junk King franchisees: 24 loans approved between fiscal 2010 and 2019, of which 2 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 Junk King compare with other Other Waste Collection franchises?

The table sets Junk King's charge-off rate beside its Other Waste Collection 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.

Junk King versus benchmarks, SBA 7(a) loans approved FY2010–FY2019, statuses as of June 30, 2026. Source: U.S. SBA FOIA dataset.
MeasureJunk KingOther Waste CollectionAll franchisesAll SBA borrowers
Default (charge-off) rate8.3%7.6%10.2%8.0%
Loans in sample24———
Defaults2———
Average loan size$165,979———

What has Junk King SBA lending looked like since 2020?

Since 2020, Junk King franchisees have taken 42 new SBA 7(a) loans. None have charged off to date, though most remain outstanding and unresolved.

Charge-off rate by approval year — share of each fiscal year's Junk King 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: FY2012 0% of 1 loans; FY2013 100% of 1 loans; FY2015 0% of 2 loans; FY2016 0% of 3 loans; FY2017 33% of 3 loans; FY2018 0% of 12 loans; FY2019 0% of 2 loansCharge-off rate by approval year: FY2012 0% of 1 loans; FY2013 100% of 1 loans; FY2015 0% of 2 loans; FY2016 0% of 3 loans; FY2017 33% of 3 loans; FY2018 0% of 12 loans; FY2019 0% of 2 loans0%5%10%0%2012n=1100%2013n=10%2015n=20%2016n=333%2017n=30%2018n=120%2019n=2
Charge-off rate by approval year: FY2012 0% of 1 loans; FY2013 100% of 1 loans; FY2015 0% of 2 loans; FY2016 0% of 3 loans; FY2017 33% of 3 loans; FY2018 0% of 12 loans; FY2019 0% of 2 loansCharge-off rate by approval year: FY2012 0% of 1 loans; FY2013 100% of 1 loans; FY2015 0% of 2 loans; FY2016 0% of 3 loans; FY2017 33% of 3 loans; FY2018 0% of 12 loans; FY2019 0% of 2 loans0%5%10%0%’12n=1100%’13n=10%’15n=20%’16n=333%’17n=30%’18n=120%’19n=2

Loans approved since 2020, by fiscal year — counts only: 0 have charged off to date and most are still outstanding, so no rate is drawn.

Loans approved since 2020: FY2020 2; FY2021 5; FY2022 4; FY2023 7; FY2024 7; FY2025 9; FY2026 8Loans approved since 2020: FY2020 2; FY2021 5; FY2022 4; FY2023 7; FY2024 7; FY2025 9; FY2026 822020520214202272023720249202582026
Loans approved since 2020: FY2020 2; FY2021 5; FY2022 4; FY2023 7; FY2024 7; FY2025 9; FY2026 8Loans approved since 2020: FY2020 2; FY2021 5; FY2022 4; FY2023 7; FY2024 7; FY2025 9; FY2026 82’205’214’227’237’249’258’26

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

Show the numbers behind this chart
Fiscal yearLoansCharged offRate
FY2012100.0%
FY201311100.0%
FY2015200.0%
FY2016300.0%
FY20173133.3%
FY20181200.0%
FY2019200.0%
FY20202—outstanding
FY20215—outstanding
FY20224—outstanding
FY20237—outstanding
FY20247—outstanding
FY20259—outstanding
FY20268—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?

Junk King's figure rests on 24 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 24 resolved loans, one default moves the rate by about 4.2 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 Junk King figure is recomputed from the public SBA FOIA file on each rebuild.

Based on 24 resolved loans — directional, not precise.

Frequently asked

What is Junk King's franchise failure rate on SBA loans?
Between 2010 and 2019, 24 Junk King franchisees financed with SBA 7(a) loans. 2 defaulted — a 8.3% charge-off rate, 1.1x the Other Waste Collection average of 7.6%. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.
Is Junk King a safe franchise investment?
Between 2010–2019, Junk King franchisees defaulted on SBA loans at 8.3% versus a 7.6% industry average. This data is one input for due diligence; it is not investment advice.

Cite this page

Franchise Default Rates (2026). Junk King franchise SBA 7(a) default rate, FY2010–FY2019 cohort: 8.3% (2 of 24 loans charged off). Derived from U.S. SBA FOIA data, loan statuses as of June 30, 2026.

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