Franchise Failure Rates

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

Petland Franchise Failure Rate: 15.0% SBA Loan Defaults (2010–2019 Federal Data)

15.0%
charge-off rate on 20 SBA 7(a) loans to Petland franchisees, FY2010–2019
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019 — Petland against its industry and all franchises
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019: Petland 15.0%; Pet and Pet Supplies Stores 10.4%; All franchises 10.2%Petland 15.0%; Pet and Pet Supplies Stores 10.4%; All franchises 10.2%0%5%10%15%Petland15.0%Pet and Pet SuppliesStores10.4%All franchises10.2%
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019: Petland 15.0%; Pet and Pet Supplies Stores 10.4%; All franchises 10.2%Petland 15.0%; Pet and Pet Supplies Stores 10.4%; All franchises 10.2%0%5%10%15%Petland15.0%Pet and Pet Supplies Stores10.4%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 7 Petland SBA borrowers failed to repay — above the Pet and Pet Supplies Stores average of 10.4%.

Between 2010 and 2019, 20 Petland franchisees financed with SBA 7(a) loans. 3 defaulted — a 15.0% charge-off rate, 1.4x the Pet and Pet Supplies Stores average of 10.4%. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.

What is the Petland franchise failure rate on SBA loans?

Petland is a Pet and Pet Supplies 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 Petland franchisees: 20 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.

How does Petland compare with other Pet and Pet Supplies Stores franchises?

The table sets Petland's charge-off rate beside its Pet and Pet Supplies 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.

Petland versus benchmarks, SBA 7(a) loans approved FY2010–FY2019, statuses as of June 30, 2026. Source: U.S. SBA FOIA dataset.
MeasurePetlandPet and Pet Supplies StoresAll franchisesAll SBA borrowers
Default (charge-off) rate15.0%10.4%10.2%8.0%
Loans in sample20———
Defaults3———
Average loan size$603,130———
Charge-off rate by approval year — share of each fiscal year's Petland 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: FY2010 25% of 4 loans; FY2011 50% of 2 loans; FY2012 100% of 1 loans; FY2013 0% of 1 loans; FY2014 0% of 1 loans; FY2015 0% of 4 loans; FY2016 0% of 3 loans; FY2017 0% of 4 loansCharge-off rate by approval year: FY2010 25% of 4 loans; FY2011 50% of 2 loans; FY2012 100% of 1 loans; FY2013 0% of 1 loans; FY2014 0% of 1 loans; FY2015 0% of 4 loans; FY2016 0% of 3 loans; FY2017 0% of 4 loans0%5%10%25%2010n=450%2011n=2100%2012n=10%2013n=10%2014n=10%2015n=40%2016n=30%2017n=4
Charge-off rate by approval year: FY2010 25% of 4 loans; FY2011 50% of 2 loans; FY2012 100% of 1 loans; FY2013 0% of 1 loans; FY2014 0% of 1 loans; FY2015 0% of 4 loans; FY2016 0% of 3 loans; FY2017 0% of 4 loansCharge-off rate by approval year: FY2010 25% of 4 loans; FY2011 50% of 2 loans; FY2012 100% of 1 loans; FY2013 0% of 1 loans; FY2014 0% of 1 loans; FY2015 0% of 4 loans; FY2016 0% of 3 loans; FY2017 0% of 4 loans0%5%10%25%’10n=450%’11n=2100%’12n=10%’13n=10%’14n=10%’15n=40%’16n=30%’17n=4

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

Show the numbers behind this chart
Fiscal yearLoansCharged offRate
FY20104125.0%
FY20112150.0%
FY201211100.0%
FY2013100.0%
FY2014100.0%
FY2015400.0%
FY2016300.0%
FY2017400.0%

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?

Petland'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 Petland figure is recomputed from the public SBA FOIA file on each rebuild.

Based on 20 resolved loans — directional, not precise.

Frequently asked

What is Petland's franchise failure rate on SBA loans?
Between 2010 and 2019, 20 Petland franchisees financed with SBA 7(a) loans. 3 defaulted — a 15.0% charge-off rate, 1.4x the Pet and Pet Supplies Stores average of 10.4%. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.
Is Petland a safe franchise investment?
Between 2010–2019, Petland franchisees defaulted on SBA loans at 15.0% versus a 10.4% industry average. This data is one input for due diligence; it is not investment advice.

Cite this page

Franchise Default Rates (2026). Petland franchise SBA 7(a) default rate, FY2010–FY2019 cohort: 15.0% (3 of 20 loans charged off). Derived from U.S. SBA FOIA data, loan statuses as of June 30, 2026.

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