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

Nail Salons Franchise Failure Rates: SBA Loan Defaults for 1 Brands

Nail Salons franchises charged off 9.5% 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: Frenchies Modern Nail Care, with a default rate of 26.7%. Source: U.S. SBA FOIA dataset, statuses as of June 30, 2026.

How do Nail Salons franchises perform on SBA loans?

Across the 1 Nail Salons brand tracked here, 15 SBA 7(a) loans were approved between fiscal 2010 and 2019 and 4 were charged off — a pooled rate of 26.7% for these brands against a 9.5% benchmark for all Nail Salons franchise loans. 0 brands 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, FY2010–201915
• Charged off4
• Pooled rate, these brands26.7%
• Nail Salons benchmark (all franchise loans)9.5%
• All-franchise benchmark10.2%
• All SBA borrowers8.0%
• Lowest rateFrenchies Modern Nail Care · 26.7%
• Highest rateFrenchies Modern Nail Care · 26.7%

Which Nail Salons franchise brands have the highest and lowest SBA default rates?

Every Nail Salons 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.