Franchise Failure Rates

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

The Joint Chiropractic Franchise Failure Rate: 16.7% SBA Loan Defaults (2010–2019 Federal Data)

16.7%
charge-off rate on 24 SBA 7(a) loans to The Joint Chiropractic franchisees, FY2010–2019
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019 — The Joint Chiropractic against its industry and all franchises
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019: The Joint Chiropractic 16.7%; Offices of Chiropractors 6.6%; All franchises 10.2%The Joint Chiropractic 16.7%; Offices of Chiropractors 6.6%; All franchises 10.2%0%5%10%15%The Joint Chiropractic16.7%Offices of Chiropractors6.6%All franchises10.2%
Charge-off rate, SBA 7(a) loans approved FY2010–FY2019: The Joint Chiropractic 16.7%; Offices of Chiropractors 6.6%; All franchises 10.2%The Joint Chiropractic 16.7%; Offices of Chiropractors 6.6%; All franchises 10.2%0%5%10%15%The Joint Chiropractic16.7%Offices of Chiropractors6.6%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 6 The Joint Chiropractic SBA borrowers failed to repay — more than double the Offices of Chiropractors average of 6.6%.

Between 2010 and 2019, 24 The Joint Chiropractic franchisees financed with SBA 7(a) loans. 4 defaulted — a 16.7% charge-off rate, 2.5x the Offices of Chiropractors average of 6.6%. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.

What is the The Joint Chiropractic franchise failure rate on SBA loans?

The Joint Chiropractic is a Offices of Chiropractors 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 Joint Chiropractic franchisees: 24 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 The Joint Chiropractic compare with other Offices of Chiropractors franchises?

The table sets The Joint Chiropractic's charge-off rate beside its Offices of Chiropractors 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.

The Joint Chiropractic versus benchmarks, SBA 7(a) loans approved FY2010–FY2019, statuses as of June 30, 2026. Source: U.S. SBA FOIA dataset.
MeasureThe Joint ChiropracticOffices of ChiropractorsAll franchisesAll SBA borrowers
Default (charge-off) rate16.7%6.6%10.2%8.0%
Loans in sample24———
Defaults4———
Average loan size$253,738———

What has The Joint Chiropractic SBA lending looked like since 2020?

Since 2020, The Joint Chiropractic franchisees have taken 98 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 Joint Chiropractic 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: FY2013 0% of 1 loans; FY2018 8% of 13 loans; FY2019 30% of 10 loansCharge-off rate by approval year: FY2013 0% of 1 loans; FY2018 8% of 13 loans; FY2019 30% of 10 loans0%15%30%0%2013n=18%2018n=1330%2019n=10
Charge-off rate by approval year: FY2013 0% of 1 loans; FY2018 8% of 13 loans; FY2019 30% of 10 loansCharge-off rate by approval year: FY2013 0% of 1 loans; FY2018 8% of 13 loans; FY2019 30% of 10 loans0%15%30%0%’13n=18%’18n=1330%’19n=10

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 8; FY2021 21; FY2022 25; FY2023 20; FY2024 10; FY2025 5; FY2026 9Loans approved since 2020: FY2020 8; FY2021 21; FY2022 25; FY2023 20; FY2024 10; FY2025 5; FY2026 9820202120212520222020231020245202592026
Loans approved since 2020: FY2020 8; FY2021 21; FY2022 25; FY2023 20; FY2024 10; FY2025 5; FY2026 9Loans approved since 2020: FY2020 8; FY2021 21; FY2022 25; FY2023 20; FY2024 10; FY2025 5; FY2026 98’2021’2125’2220’2310’245’259’26

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

Show the numbers behind this chart
Fiscal yearLoansCharged offRate
FY2013100.0%
FY20181317.7%
FY201910330.0%
FY20208—outstanding
FY202121—outstanding
FY202225—outstanding
FY202320—outstanding
FY202410—outstanding
FY20255—outstanding
FY20269—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 Joint Chiropractic's figure rests on 24 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 24 resolved loans, one default moves the rate by about 4.2 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 The Joint Chiropractic figure is recomputed from the public SBA FOIA file on each rebuild.

Based on 24 resolved loans — directional, not precise.

Frequently asked

What is The Joint Chiropractic's franchise failure rate on SBA loans?
Between 2010 and 2019, 24 The Joint Chiropractic franchisees financed with SBA 7(a) loans. 4 defaulted — a 16.7% charge-off rate, 2.5x the Offices of Chiropractors average of 6.6%. Source: U.S. Small Business Administration FOIA dataset, loan statuses as of June 30, 2026.
Is The Joint Chiropractic a safe franchise investment?
Between 2010–2019, The Joint Chiropractic franchisees defaulted on SBA loans at 16.7% versus a 6.6% industry average. This data is one input for due diligence; it is not investment advice.

Cite this page

Franchise Default Rates (2026). The Joint Chiropractic franchise SBA 7(a) default rate, FY2010–FY2019 cohort: 16.7% (4 of 24 loans charged off). Derived from U.S. SBA FOIA data, loan statuses as of June 30, 2026.

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