SBA 7(a) loan outcomes · FY2010–FY2019 cohort · Statuses as of June 30, 2026 · Last updated August 17, 2026
Patrice & Associates Franchise Failure Rate: 36.4% 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 3 Patrice & Associates SBA borrowers failed to repay — more than double the Employment Placement Agencies average of 7.5%.
Between 2010 and 2019, 33 Patrice & Associates franchisees financed with SBA 7(a) loans. 12 defaulted — a 36.4% charge-off rate, 4.8x the Employment Placement Agencies average of 7.5%. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.
What is the Patrice & Associates franchise failure rate on SBA loans?
Patrice & Associates is a Employment Placement Agencies franchise. This page reports the outcome of every SBA 7(a) loan the U.S. Small Business Administration's public FOIA file attributes to Patrice & Associates franchisees: 33 loans approved between fiscal 2010 and 2019, of which 12 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–FY201933
- Charged off12
- Charge-off rate36.4%
- Employment Placement Agencies franchise benchmark7.5%
- Brand vs industry4.8x
- All-franchise SBA benchmark10.2%
- Average loan size, 2010s cohort$126,218
- New SBA loans since 202052
- Early charge-offs since 20202
How does Patrice & Associates compare with other Employment Placement Agencies franchises?
The table sets Patrice & Associates's charge-off rate beside its Employment Placement Agencies 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. A cell in red is more than twice the industry benchmark.
| Measure | Patrice & Associates | Employment Placement Agencies | All franchises | All SBA borrowers |
|---|---|---|---|---|
| Default (charge-off) rate | 36.4% | 7.5% | 10.2% | 8.0% |
| Loans in sample | 33 | — | — | — |
| Defaults | 12 | — | — | — |
| Average loan size | $126,218 | — | — | — |
What has Patrice & Associates SBA lending looked like since 2020?
Since 2020, Patrice & Associates franchisees have taken 52 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 |
|---|---|---|---|
| FY2014 | 1 | 1 | 100.0% |
| FY2015 | 4 | 2 | 50.0% |
| FY2016 | 6 | 1 | 16.7% |
| FY2017 | 10 | 2 | 20.0% |
| FY2018 | 7 | 2 | 28.6% |
| FY2019 | 5 | 4 | 80.0% |
| FY2020 | 12 | — | outstanding |
| FY2021 | 5 | — | outstanding |
| FY2022 | 5 | — | outstanding |
| FY2023 | 14 | — | outstanding |
| FY2024 | 4 | — | outstanding |
| FY2025 | 9 | — | outstanding |
| FY2026 | 3 | — | 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?
Patrice & Associates's figure rests on 33 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 33 resolved loans, one default moves the rate by about 3.0 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 Patrice & Associates figure is recomputed from the public SBA FOIA file on each rebuild.
Based on 33 resolved loans — directional, not precise.
Frequently asked
- What is Patrice & Associates's franchise failure rate on SBA loans?
- Between 2010 and 2019, 33 Patrice & Associates franchisees financed with SBA 7(a) loans. 12 defaulted — a 36.4% charge-off rate, 4.8x the Employment Placement Agencies average of 7.5%. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.
- Is Patrice & Associates a safe franchise investment?
- Between 2010–2019, Patrice & Associates franchisees defaulted on SBA loans at 36.4% versus a 7.5% industry average. This data is one input for due diligence; it is not investment advice.
Cite this page
Franchise Default Rates (2026). Patrice & Associates franchise SBA 7(a) default rate, FY2010–FY2019 cohort: 36.4% (12 of 33 loans charged off). Derived from U.S. SBA FOIA data, loan statuses as of June 30, 2026.
https://franchisefailurerates.com/franchise/patrice-and-associates/ · Data & methodology · Download the dataset (CSV)