Franchise Failure Rates

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

redbox+ Franchise Failure Rate on SBA Loans: 0 of 17 Charged Off (Federal Data)

0 of 17
SBA 7(a) loans to redbox+ franchisees (FY2010–2019) ended in charge-off
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019 — redbox+ against its industry and all franchises
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019: redbox+ 0.0%; Solid Waste Collection 3.8%; All franchises 10.2%redbox+ 0.0%; Solid Waste Collection 3.8%; All franchises 10.2%0%2%4%6%8%10%redbox+0.0% (small sample)Solid Waste Collection3.8%All franchises10.2%
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019: redbox+ 0.0%; Solid Waste Collection 3.8%; All franchises 10.2%redbox+ 0.0%; Solid Waste Collection 3.8%; All franchises 10.2%0%2%4%6%8%10%redbox+0.0% (small sample)Solid Waste Collection3.8%All franchises10.2%

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

None of the 17 redbox+ SBA borrowers in the sample failed to repay — but 17 loans is too few to call a rate.

0 of 17 SBA 7(a) loans to redbox+ franchisees (2010–2019) ended in charge-off. The sample is small; treat this as a diligence flag, not a verdict. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.

What is the redbox+ franchise failure rate on SBA loans?

redbox+ is a Solid 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 redbox+ franchisees: 17 loans approved between fiscal 2010 and 2019, of which 0 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 redbox+ compare with other Solid Waste Collection franchises?

The table sets redbox+'s charge-off rate beside its Solid 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.

redbox+ versus benchmarks, SBA 7(a) loans approved FY2010–FY2019, statuses as of June 30, 2026. Source: U.S. SBA FOIA dataset.
Measureredbox+Solid Waste CollectionAll franchisesAll SBA borrowers
Default (charge-off) rate0.0% (small sample)3.8%10.2%8.0%
Loans in sample17———
Defaults0———
Average loan size$365,006———

What has redbox+ SBA lending looked like since 2020?

Since 2020, redbox+ franchisees have taken 68 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 redbox+ 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: FY2016 0% of 1 loans; FY2019 0% of 16 loansCharge-off rate by approval year: FY2016 0% of 1 loans; FY2019 0% of 16 loans0%5%10%0%2016n=10%2019n=16
Charge-off rate by approval year: FY2016 0% of 1 loans; FY2019 0% of 16 loansCharge-off rate by approval year: FY2016 0% of 1 loans; FY2019 0% of 16 loans0%5%10%0%’16n=10%’19n=16

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 16; FY2021 27; FY2022 11; FY2023 5; FY2024 4; FY2025 5Loans approved since 2020: FY2020 16; FY2021 27; FY2022 11; FY2023 5; FY2024 4; FY2025 5162020272021112022520234202452025
Loans approved since 2020: FY2020 16; FY2021 27; FY2022 11; FY2023 5; FY2024 4; FY2025 5Loans approved since 2020: FY2020 16; FY2021 27; FY2022 11; FY2023 5; FY2024 4; FY2025 516’2027’2111’225’234’245’25

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

Show the numbers behind this chart
Fiscal yearLoansCharged offRate
FY2016100.0%
FY20191600.0%
FY202016—outstanding
FY202127—outstanding
FY202211—outstanding
FY20235—outstanding
FY20244—outstanding
FY20255—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?

redbox+'s figure rests on 17 resolved SBA 7(a) loans approved between fiscal 2010 and 2019 — a matured cohort, so the count is a settled outcome, not a projection. With 17 resolved loans, one default moves the rate by about 5.9 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 redbox+ figure is recomputed from the public SBA FOIA file on each rebuild.

Small sample (17 loans). A single default moves this figure substantially.

Frequently asked

What is redbox+'s franchise failure rate on SBA loans?
0 of 17 SBA 7(a) loans to redbox+ franchisees (2010–2019) ended in charge-off. The sample is small; treat this as a diligence flag, not a verdict. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.
Is redbox+ a safe franchise investment?
Between 2010–2019, 0 of 17 SBA loans to redbox+ franchisees were charged off. The sample is small. This data is one input for due diligence; it is not investment advice.

Cite this page

Franchise Default Rates (2026). redbox+ franchise SBA 7(a) loan outcomes, FY2010–FY2019 cohort: 0 of 17 loans charged off. Derived from U.S. SBA FOIA data, loan statuses as of June 30, 2026.

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