Express Oil Change/Tire Engineers
8
SBA Loans
$20.8M
Total Financed
$2.6M
Avg Loan Size
—
YoY Loan Growth
How Express Oil Change/Tire Engineers Compares
- Ranks #37 of 125 Automotive Services brands by SBA loan count (#1,002 of 3,543 overall).
- Its average loan of $2.6M is 474% above the Automotive Services median of $453K.
- With only 8 loans on record, its own charge-off rate isn't statistically meaningful -- for context, Automotive Services brands overall see a 1.5% charge-off rate across 1,424 loans.
SBA Loan Activity by Fiscal Year
| Fiscal Year | Loans | Total Financed |
|---|---|---|
| FY2020 | 4 | $9.5M |
| FY2021 | 1 | $1.8M |
| FY2022 | 2 | $5.8M |
| FY2023 | 1 | $3.7M |
FY2023 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where Express Oil Change/Tire Engineers Is Getting SBA-Financed
Recent SBA-Financed Express Oil Change/Tire Engineers Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is Express Oil Change/Tire Engineers growing or shrinking?
Express Oil Change/Tire Engineers doesn't have enough SBA loan activity in both FY2022 and FY2023 to calculate a reliable year-over-year trend. For context, it ranks #37 of 125 Automotive Services brands by total SBA loan count since FY2020 -- a snapshot of scale, if not of trend.
How much does it cost to open a Express Oil Change/Tire Engineers 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 $2.6M (474% above the typical Automotive Services brand's $453K) is a rough proxy, but SBA loans often cover only part of total investment.
What's the SBA loan default rate for Express Oil Change/Tire Engineers?
Express Oil Change/Tire Engineers only has 8 SBA loans on record -- too few to calculate a meaningful charge-off rate on its own. For context, Automotive Services brands overall see a 1.5% charge-off rate across 1,424 loans.
Top SBA Lenders
- SouthState Bank, National Association3
- TD Bank, National Association2
- PNC Bank, National Association1
- Atlantic Union Bank1
- DFCU Financial1
Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset