milliCare Floor & Textile Care
10
SBA Loans
$1.4M
Total Financed
$144K
Avg Loan Size
—
YoY Loan Growth
How milliCare Floor & Textile Care Compares
- Ranks #69 of 169 Cleaning & Property Services brands by SBA loan count (#886 of 3,543 overall).
- Its average loan of $144K is 4% below the Cleaning & Property Services median of $150K.
- With only 10 loans on record, its own charge-off rate isn't statistically meaningful -- for context, Cleaning & Property Services brands overall see a 3.1% charge-off rate across 3,239 loans.
SBA Loan Activity by Fiscal Year
| Fiscal Year | Loans | Total Financed |
|---|---|---|
| FY2021 | 1 | $150K |
| FY2023 | 7 | $991K |
| FY2024 | 2 | $300K |
FY2024 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where milliCare Floor & Textile Care Is Getting SBA-Financed
Recent SBA-Financed milliCare Floor & Textile Care Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is milliCare Floor & Textile Care growing or shrinking?
milliCare Floor & Textile Care doesn't have enough SBA loan activity in both FY2023 and FY2024 to calculate a reliable year-over-year trend. For context, it ranks #69 of 169 Cleaning & Property 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 milliCare Floor & Textile Care 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 $144K (4% below the typical Cleaning & Property Services brand's $150K) is a rough proxy, but SBA loans often cover only part of total investment.
What's the SBA loan default rate for milliCare Floor & Textile Care?
milliCare Floor & Textile Care only has 10 SBA loans on record -- too few to calculate a meaningful charge-off rate on its own. For context, Cleaning & Property Services brands overall see a 3.1% charge-off rate across 3,239 loans.
Top SBA Lenders
- United Midwest Savings Bank National Association8
- The Huntington National 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