Batteries Plus
74
SBA Loans
$33.9M
Total Financed
$458K
Avg Loan Size
+43%
YoY Loan Growth
How Batteries Plus Compares
- Ranks #12 of 413 Retail brands by SBA loan count (#129 of 3,543 overall).
- Its average loan of $458K is 10% above the Retail median of $415K.
- Its 2.7% charge-off rate compares to a 1.1% average across all Retail brands.
SBA Loan Activity by Fiscal Year
| Fiscal Year | Loans | Total Financed |
|---|---|---|
| FY2020 | 3 | $2.0M |
| FY2021 | 9 | $3.1M |
| FY2022 | 27 | $12.9M |
| FY2023 | 11 | $5.3M |
| FY2024 | 7 | $2.6M |
| FY2025 | 10 | $4.1M |
| FY2026 | 7 | $3.9M |
FY2026 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where Batteries Plus Is Getting SBA-Financed
Recent SBA-Financed Batteries Plus Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is Batteries Plus growing or shrinking?
Batteries Plus's SBA loan count grew +43% year-over-year, suggesting rising financed expansion. This reflects SBA-backed financing activity, not necessarily total unit count -- see the methodology page for what this does and doesn't measure.
How much does it cost to open a Batteries Plus franchise?
We don't have that figure -- investment ranges and fees come from a franchisor's Franchise Disclosure Document (FDD), which this site doesn't parse (see methodology). The average SBA loan size of $458K (10% above the typical Retail brand's $415K) is a rough proxy, but SBA loans often cover only part of total investment.
What's the SBA loan default rate for Batteries Plus?
2 of 74 SBA loans to Batteries Plus franchisees (2.7%) have been charged off since FY2020, compared to 1.1% across all Retail brands.
Explore More
Top SBA Lenders
- SouthState Bank, National Association12
- The Huntington National Bank10
- ConnectOne Bank9
- First Bank of the Lake5
- Community State Bank2
Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset