FranchiseRanked

Honest Abe Roofing

Home & Repair ServicesSBA loans FY2020–FY2021

8

SBA Loans

$1.3M

Total Financed

$157K

Avg Loan Size

—

YoY Loan Growth

How Honest Abe Roofing Compares

  • Ranks #120 of 294 Home & Repair Services brands by SBA loan count (#1,007 of 3,543 overall).
  • Its average loan of $157K is 11% below the Home & Repair Services median of $177K.
  • With only 8 loans on record, its own charge-off rate isn't statistically meaningful -- for context, Home & Repair Services brands overall see a 2.9% charge-off rate across 4,629 loans.

SBA Loan Activity by Fiscal Year

Fiscal YearLoansTotal Financed
FY20202$300K
FY20216$959K

FY2021 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.

Where Honest Abe Roofing Is Getting SBA-Financed

Florida4 loans · $609KTexas2 loans · $350KIndiana1 loan · $150KNorth Carolina1 loan · $150K

Recent SBA-Financed Honest Abe Roofing Locations

Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.

HAR OF CENTRAL FLORIDA LLCORLANDO, FL
$25,0002021-09-10
HAR OF CENTRAL FLORIDA LLCORLANDO, FL
$282,0002021-09-09
J Howie Construction LLCCONROE, TX
$200,0002021-07-29
Carbon Enterprises, Inc.Tampa, FL
$25,0002021-04-12
Carbon Enterprises, Inc.TAMPA, FL
$277,0002021-04-12
Young Roofing of Austin LLCAUSTIN, TX
$150,0002021-02-09
ELPW, LLCCHARLOTTE, NC
$150,0002020-04-29
Davis Services, Inc.INDIANAPOLIS, IN
$150,0002019-11-26

Frequently Asked Questions

Is Honest Abe Roofing growing or shrinking?

Honest Abe Roofing doesn't have enough SBA loan activity in both FY2020 and FY2021 to calculate a reliable year-over-year trend. For context, it ranks #120 of 294 Home & Repair 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 Honest Abe Roofing 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 $157K (11% below the typical Home & Repair Services brand's $177K) is a rough proxy, but SBA loans often cover only part of total investment.

What's the SBA loan default rate for Honest Abe Roofing?

Honest Abe Roofing only has 8 SBA loans on record -- too few to calculate a meaningful charge-off rate on its own. For context, Home & Repair Services brands overall see a 2.9% charge-off rate across 4,629 loans.

Explore More

More Home & Repair Services brands Most financed franchises

Top SBA Lenders

  • The Huntington National Bank5
  • United Midwest Savings Bank National Association2
  • Stearns Bank National Association1
Planning to finance a home & repair services purchase?

Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.

Source: SBA 7(a) FOIA loan dataset. View dataset