Is Papa Murphy's Take & Bake Pizza a safe franchise investment?

Between 2010–2019, Papa Murphy's Take & Bake Pizza franchisees defaulted on SBA loans at 4.7% versus a 10.3% industry average. This data is one input for due diligence; it is not investment advice.

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

Papa Murphy's Take & Bake Pizza Franchise Failure Rate: 4.7% SBA Loan Defaults (2010–2019 Federal Data)

4.7%

charge-off rate on 64 SBA 7(a) loans to Papa Murphy's Take & Bake Pizza franchisees, FY2010–2019

Charge-off rate, SBA 7(a) loans approved FY2010–FY2019 — Papa Murphy's Take & Bake Pizza against its industry and all franchises

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

About 1 in 21 Papa Murphy's Take & Bake Pizza SBA borrowers failed to repay — well below the Limited-Service Restaurants average of 10.3%.

Between 2010 and 2019, 64 Papa Murphy's Take & Bake Pizza franchisees financed with SBA 7(a) loans. 3 defaulted — a 4.7% charge-off rate, 0.5x the Limited-Service Restaurants average of 10.3%. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.

What is the Papa Murphy's Take & Bake Pizza franchise failure rate on SBA loans?

Papa Murphy's Take & Bake Pizza is a Limited-Service Restaurants franchise. This page reports the outcome of every SBA 7(a) loan the U.S. Small Business Administration's public FOIA file attributes to Papa Murphy's Take & Bake Pizza franchisees: 64 loans approved between fiscal 2010 and 2019, of which 3 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–FY201964
Charged off3
Charge-off rate4.7%
Limited-Service Restaurants franchise benchmark10.3%
Brand vs industry0.5x
All-franchise SBA benchmark10.2%
Average loan size, 2010s cohort$226,358

How does Papa Murphy's Take & Bake Pizza compare with other Limited-Service Restaurants franchises?

The table sets Papa Murphy's Take & Bake Pizza's charge-off rate beside its Limited-Service Restaurants 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.

Papa Murphy's Take & Bake Pizza versus benchmarks, SBA 7(a) loans approved FY2010–FY2019, statuses as of June 30, 2026. Source: U.S. SBA FOIA dataset.

Measure	Papa Murphy's Take & Bake Pizza	Limited-Service Restaurants	All franchises	All SBA borrowers
Default (charge-off) rate	4.7%	10.3%	10.2%	8.0%
Loans in sample	64	—	—	—
Defaults	3	—	—	—
Average loan size	$226,358	—	—	—

Charge-off rate by approval year — share of each fiscal year's Papa Murphy's Take & Bake Pizza SBA 7(a) loans that later defaulted (FY2010–FY2019)

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	21	2	9.5%
FY2011	14	0	0.0%
FY2012	15	1	6.7%
FY2013	14	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?

Papa Murphy's Take & Bake Pizza's figure rests on 64 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 64 resolved loans, one default moves the rate by about 1.6 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 Papa Murphy's Take & Bake Pizza figure is recomputed from the public SBA FOIA file on each rebuild.

Based on 64 resolved loans — directional, not precise.

Considering Papa Murphy's Take & Bake Pizza?

The full teardown covers what this page can't: Item 19 revenue deconstruction, Item 20 unit churn and closures, litigation history, and this SBA data benchmarked against the brand's own disclosures. $500 flat: Papa Murphy's Take & Bake Pizza's SBA Record Snapshot the moment you pay, the full teardown by email within 24 hours.

You get a written verdict — proceed, proceed with conditions, or walk — the five numbers that matter, the blind spots behind Papa Murphy's Take & Bake Pizza's headline number, and three questions to put to the franchisor. See what the report looks like →

Get the Papa Murphy's Take & Bake Pizza teardown — $500 Full refund if we can't obtain the Papa Murphy's Take & Bake Pizza FDD. Questions first? [email protected]

Frequently asked

What is Papa Murphy's Take & Bake Pizza's franchise failure rate on SBA loans?: Between 2010 and 2019, 64 Papa Murphy's Take & Bake Pizza franchisees financed with SBA 7(a) loans. 3 defaulted — a 4.7% charge-off rate, 0.5x the Limited-Service Restaurants average of 10.3%. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.
Is Papa Murphy's Take & Bake Pizza a safe franchise investment?: Between 2010–2019, Papa Murphy's Take & Bake Pizza franchisees defaulted on SBA loans at 4.7% versus a 10.3% industry average. This data is one input for due diligence; it is not investment advice.

Cite this page

Franchise Default Rates (2026). Papa Murphy's Take & Bake Pizza franchise SBA 7(a) default rate, FY2010–FY2019 cohort: 4.7% (3 of 64 loans charged off). Derived from U.S. SBA FOIA data, loan statuses as of June 30, 2026.

https://franchisefailurerates.com/franchise/papa-murphys-take-and-bake-pizza/ · Data & methodology · Download the dataset (CSV)