CarePatrol
38
SBA Loans
$10.1M
Total Financed
$267K
Avg Loan Size
-50%
YoY Loan Growth
How CarePatrol Compares
- Ranks #28 of 170 Health, Senior & Child Care brands by SBA loan count (#304 of 3,543 overall).
- Its average loan of $267K is 20% below the Health, Senior & Child Care median of $333K.
- Its 5.3% charge-off rate compares to a 1.1% average across all Health, Senior & Child Care brands.
SBA Loan Activity by Fiscal Year
| Fiscal Year | Loans | Total Financed |
|---|---|---|
| FY2020 | 5 | $1.3M |
| FY2021 | 5 | $1.4M |
| FY2022 | 2 | $332K |
| FY2023 | 11 | $2.3M |
| FY2024 | 6 | $994K |
| FY2025 | 3 | $377K |
| FY2026 | 6 | $3.5M |
FY2026 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where CarePatrol Is Getting SBA-Financed
Recent SBA-Financed CarePatrol Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is CarePatrol growing or shrinking?
CarePatrol's SBA loan count fell 50% year-over-year. A decline in SBA financing doesn't necessarily mean the brand is shrinking -- franchisees may be using other financing, or SBA lending patterns may have shifted broadly.
How much does it cost to open a CarePatrol 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 $267K (20% below the typical Health, Senior & Child Care brand's $333K) is a rough proxy, but SBA loans often cover only part of total investment.
What's the SBA loan default rate for CarePatrol?
2 of 38 SBA loans to CarePatrol franchisees (5.3%) have been charged off since FY2020, compared to 1.1% across all Health, Senior & Child Care brands.
Top SBA Lenders
- United Midwest Savings Bank National Association12
- CDC Small Business Finance Corp.9
- The Huntington National Bank5
- KeyBank National Association3
- Readycap Lending, LLC2
Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset