Franchise Failure Rates

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

The Goddard School Franchise Failure Rate: 3.1% SBA Loan Defaults (2010–2019 Federal Data)

3.1%
charge-off rate on 194 SBA 7(a) loans to The Goddard School franchisees, FY2010–2019
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019 — The Goddard School against its industry and all franchises
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019: The Goddard School 3.1%; Child Day Care Services 4.5%; All franchises 10.2%The Goddard School 3.1%; Child Day Care Services 4.5%; All franchises 10.2%0%2%4%6%8%10%The Goddard School3.1%Child Day Care Services4.5%All franchises10.2%
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019: The Goddard School 3.1%; Child Day Care Services 4.5%; All franchises 10.2%The Goddard School 3.1%; Child Day Care Services 4.5%; All franchises 10.2%0%2%4%6%8%10%The Goddard School3.1%Child Day Care Services4.5%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 32 The Goddard School SBA borrowers failed to repay — well below the Child Day Care Services average of 4.5%.

Between 2010 and 2019, 194 The Goddard School franchisees financed with SBA 7(a) loans. 6 defaulted — a 3.1% charge-off rate, 0.7x the Child Day Care Services average of 4.5%. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.

What is the The Goddard School franchise failure rate on SBA loans?

The Goddard School is a Child Day Care 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 The Goddard School franchisees: 194 loans approved between fiscal 2010 and 2019, of which 6 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 The Goddard School compare with other Child Day Care Services franchises?

The table sets The Goddard School's charge-off rate beside its Child Day Care 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.

The Goddard School versus benchmarks, SBA 7(a) loans approved FY2010–FY2019, statuses as of June 30, 2026. Source: U.S. SBA FOIA dataset.
MeasureThe Goddard SchoolChild Day Care ServicesAll franchisesAll SBA borrowers
Default (charge-off) rate3.1%4.5%10.2%8.0%
Loans in sample194———
Defaults6———
Average loan size$1,673,072———

What has The Goddard School SBA lending looked like since 2020?

Since 2020, The Goddard School franchisees have taken 264 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 The Goddard School 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 0% of 2 loans; FY2011 10% of 10 loans; FY2012 15% of 13 loans; FY2013 5% of 21 loans; FY2014 0% of 21 loans; FY2015 0% of 31 loans; FY2016 0% of 26 loans; FY2017 4% of 27 loans; FY2018 0% of 24 loans; FY2019 5% of 19 loansCharge-off rate by approval year: FY2010 0% of 2 loans; FY2011 10% of 10 loans; FY2012 15% of 13 loans; FY2013 5% of 21 loans; FY2014 0% of 21 loans; FY2015 0% of 31 loans; FY2016 0% of 26 loans; FY2017 4% of 27 loans; FY2018 0% of 24 loans; FY2019 5% of 19 loans0%10%20%0%2010n=210%2011n=1015%2012n=135%2013n=210%2014n=210%2015n=310%2016n=264%2017n=270%2018n=245%2019n=19
Charge-off rate by approval year: FY2010 0% of 2 loans; FY2011 10% of 10 loans; FY2012 15% of 13 loans; FY2013 5% of 21 loans; FY2014 0% of 21 loans; FY2015 0% of 31 loans; FY2016 0% of 26 loans; FY2017 4% of 27 loans; FY2018 0% of 24 loans; FY2019 5% of 19 loansCharge-off rate by approval year: FY2010 0% of 2 loans; FY2011 10% of 10 loans; FY2012 15% of 13 loans; FY2013 5% of 21 loans; FY2014 0% of 21 loans; FY2015 0% of 31 loans; FY2016 0% of 26 loans; FY2017 4% of 27 loans; FY2018 0% of 24 loans; FY2019 5% of 19 loans0%10%20%0%’10n=210%’11n=1015%’12n=135%’13n=210%’14n=210%’15n=310%’16n=264%’17n=270%’18n=245%’19n=19

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 51; FY2021 45; FY2022 34; FY2023 34; FY2024 20; FY2025 45; FY2026 35Loans approved since 2020: FY2020 51; FY2021 45; FY2022 34; FY2023 34; FY2024 20; FY2025 45; FY2026 35512020452021342022342023202024452025352026
Loans approved since 2020: FY2020 51; FY2021 45; FY2022 34; FY2023 34; FY2024 20; FY2025 45; FY2026 35Loans approved since 2020: FY2020 51; FY2021 45; FY2022 34; FY2023 34; FY2024 20; FY2025 45; FY2026 3551’2045’2134’2234’2320’2445’2535’26

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

Show the numbers behind this chart
Fiscal yearLoansCharged offRate
FY2010200.0%
FY201110110.0%
FY201213215.4%
FY20132114.8%
FY20142100.0%
FY20153100.0%
FY20162600.0%
FY20172713.7%
FY20182400.0%
FY20191915.3%
FY202051—outstanding
FY202145—outstanding
FY202234—outstanding
FY202334—outstanding
FY202420—outstanding
FY202545—outstanding
FY202635—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?

The Goddard School's figure rests on 194 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 194 resolved loans, the sample is large enough that a single default barely moves the figure. Loans approved since 2020 are excluded from the rate because most are still outstanding; they appear on this page as counts only. Every The Goddard School figure is recomputed from the public SBA FOIA file on each rebuild.

Frequently asked

What is The Goddard School's franchise failure rate on SBA loans?
Between 2010 and 2019, 194 The Goddard School franchisees financed with SBA 7(a) loans. 6 defaulted — a 3.1% charge-off rate, 0.7x the Child Day Care Services average of 4.5%. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.
Is The Goddard School a safe franchise investment?
Between 2010–2019, The Goddard School franchisees defaulted on SBA loans at 3.1% versus a 4.5% industry average. This data is one input for due diligence; it is not investment advice.

Cite this page

Franchise Default Rates (2026). The Goddard School franchise SBA 7(a) default rate, FY2010–FY2019 cohort: 3.1% (6 of 194 loans charged off). Derived from U.S. SBA FOIA data, loan statuses as of June 30, 2026.

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