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

Retail Bakeries Franchise Failure Rates: SBA Loan Defaults for 3 Brands

Retail Bakeries franchises charged off 8.1% of SBA 7(a) loans approved FY2010–FY2019, versus 10.2% for all franchises and 8.0% for all SBA borrowers. This page tracks 3 brands: default rates ranged from Nothing Bundt Cakes (0.0%) to Gigi's Cupcakes (25.9%). Source: U.S. SBA FOIA dataset, statuses as of June 30, 2026.

How do Retail Bakeries franchises perform on SBA loans?

Across the 3 Retail Bakeries brands tracked here, 208 SBA 7(a) loans were approved between fiscal 2010 and 2019 and 18 were charged off — a pooled rate of 8.7% for these brands against a 8.1% benchmark for all Retail Bakeries franchise loans. 2 brands with 20+ loans ran at more than twice the industry benchmark; 1 brand with 40+ loans recorded zero defaults. Statuses as of June 30, 2026.

• Brands tracked3
• SBA 7(a) loans, FY2010–2019208
• Charged off18
• Pooled rate, these brands8.7%
• Retail Bakeries benchmark (all franchise loans)8.1%
• All-franchise benchmark10.2%
• All SBA borrowers8.0%
• Lowest rateNothing Bundt Cakes · 0.0%
• Highest rateGigi's Cupcakes · 25.9%

Which Retail Bakeries franchise brands have the highest and lowest SBA default rates?

Every Retail Bakeries 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.