Franchise Failure Rates

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

Signal 88 Security Franchise Failure Rate on SBA Loans: 4 of 18 Charged Off (Federal Data)

4 of 18
SBA 7(a) loans to Signal 88 Security franchisees (FY2010–2019) ended in charge-off
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019 — Signal 88 Security against its industry and all franchises
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019: Signal 88 Security 22.2%; Security Guards and Patrol Services 10.4%; All franchises 10.2%Signal 88 Security 22.2%; Security Guards and Patrol Services 10.4%; All franchises 10.2%0%5%10%15%20%Signal 88 Security22.2% (small sample)Security Guards andPatrol Services10.4%All franchises10.2%
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019: Signal 88 Security 22.2%; Security Guards and Patrol Services 10.4%; All franchises 10.2%Signal 88 Security 22.2%; Security Guards and Patrol Services 10.4%; All franchises 10.2%0%5%10%15%20%Signal 88 Security22.2% (small sample)Security Guards and Patrol Services10.4%All franchises10.2%

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

4 of 18 Signal 88 Security SBA borrowers failed to repay — too few loans to call a rate; read it as a flag, not a verdict.

4 of 18 SBA 7(a) loans to Signal 88 Security 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 Signal 88 Security franchise failure rate on SBA loans?

Signal 88 Security is a Security Guards and Patrol Services franchise. This page reports the outcome of every SBA 7(a) loan the U.S. Small Business Administration's public FOIA file attributes to Signal 88 Security franchisees: 18 loans approved between fiscal 2010 and 2019, of which 4 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 Signal 88 Security compare with other Security Guards and Patrol Services franchises?

The table sets Signal 88 Security's charge-off rate beside its Security Guards and Patrol Services 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.

Signal 88 Security versus benchmarks, SBA 7(a) loans approved FY2010–FY2019, statuses as of June 30, 2026. Source: U.S. SBA FOIA dataset.
MeasureSignal 88 SecuritySecurity Guards and Patrol ServicesAll franchisesAll SBA borrowers
Default (charge-off) rate22.2% (small sample)10.4%10.2%8.0%
Loans in sample18———
Defaults4———
Average loan size$127,028———

What has Signal 88 Security SBA lending looked like since 2020?

Since 2020, Signal 88 Security franchisees have taken 4 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 Signal 88 Security 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: FY2015 27% of 11 loans; FY2016 0% of 3 loans; FY2017 100% of 1 loans; FY2018 0% of 2 loans; FY2019 0% of 1 loansCharge-off rate by approval year: FY2015 27% of 11 loans; FY2016 0% of 3 loans; FY2017 100% of 1 loans; FY2018 0% of 2 loans; FY2019 0% of 1 loans0%15%30%27%2015n=110%2016n=3100%2017n=10%2018n=20%2019n=1
Charge-off rate by approval year: FY2015 27% of 11 loans; FY2016 0% of 3 loans; FY2017 100% of 1 loans; FY2018 0% of 2 loans; FY2019 0% of 1 loansCharge-off rate by approval year: FY2015 27% of 11 loans; FY2016 0% of 3 loans; FY2017 100% of 1 loans; FY2018 0% of 2 loans; FY2019 0% of 1 loans0%15%30%27%’15n=110%’16n=3100%’17n=10%’18n=20%’19n=1

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: FY2021 2; FY2025 1; FY2026 1Loans approved since 2020: FY2021 2; FY2025 1; FY2026 1220211202512026
Loans approved since 2020: FY2021 2; FY2025 1; FY2026 1Loans approved since 2020: FY2021 2; FY2025 1; FY2026 12’211’251’26

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

Show the numbers behind this chart
Fiscal yearLoansCharged offRate
FY201511327.3%
FY2016300.0%
FY201711100.0%
FY2018200.0%
FY2019100.0%
FY20212—outstanding
FY20251—outstanding
FY20261—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?

Signal 88 Security's figure rests on 18 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 18 resolved loans, one default moves the rate by about 5.6 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 Signal 88 Security figure is recomputed from the public SBA FOIA file on each rebuild.

Small sample (18 loans). A single default moves this figure substantially.

Frequently asked

What is Signal 88 Security's franchise failure rate on SBA loans?
4 of 18 SBA 7(a) loans to Signal 88 Security 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 Signal 88 Security a safe franchise investment?
Between 2010–2019, 4 of 18 SBA loans to Signal 88 Security 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). Signal 88 Security franchise SBA 7(a) loan outcomes, FY2010–FY2019 cohort: 4 of 18 loans charged off. Derived from U.S. SBA FOIA data, loan statuses as of June 30, 2026.

https://franchisefailurerates.com/franchise/signal-88-security/ · Data & methodology · Download the dataset (CSV)