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

Floor Covering Stores Franchise Failure Rates: SBA Loan Defaults for 1 Brands

Floor Covering Stores franchises charged off 8.7% of SBA 7(a) loans approved FY2010–FY2019, versus 10.2% for all franchises and 8.0% for all SBA borrowers. This page tracks 1 brand: Floorcoverings International, with a default rate of 25.0%. Source: U.S. SBA FOIA dataset, statuses as of June 30, 2026.

How do Floor Covering Stores franchises perform on SBA loans?

Across the 1 Floor Covering Stores brand tracked here, 20 SBA 7(a) loans were approved between fiscal 2010 and 2019 and 5 were charged off — a pooled rate of 25.0% for these brands against a 8.7% benchmark for all Floor Covering Stores franchise loans. 1 brand with 20+ loans ran at more than twice the industry benchmark; 0 brands with 40+ loans recorded zero defaults. Statuses as of June 30, 2026.

• Brands tracked1
• SBA 7(a) loans, FY2010–201920
• Charged off5
• Pooled rate, these brands25.0%
• Floor Covering Stores benchmark (all franchise loans)8.7%
• All-franchise benchmark10.2%
• All SBA borrowers8.0%
• Lowest rateFloorcoverings International · 25.0%
• Highest rateFloorcoverings International · 25.0%

Which Floor Covering Stores franchise brands have the highest and lowest SBA default rates?

Every Floor Covering Stores brand with at least five resolved SBA 7(a) loans, sorted from highest to lowest default rate. Click a column heading to re-sort; use the filter to find a brand.

* Small sample (5–19 loans): rate shown for completeness; treat as a diligence flag, not a verdict. Loans since 2020 and early charge-offs are counts only — that cohort is too young for a rate.