Miracle-Ear
6
SBA Loans
$4.0M
Total Financed
$662K
Avg Loan Size
—
YoY Loan Growth
How Miracle-Ear Compares
- Ranks #123 of 413 Retail brands by SBA loan count (#1,239 of 3,543 overall).
- Its average loan of $662K is 60% above the Retail median of $415K.
- With only 6 loans on record, its own charge-off rate isn't statistically meaningful -- for context, Retail brands overall see a 1.1% charge-off rate across 4,387 loans.
SBA Loan Activity by Fiscal Year
| Fiscal Year | Loans | Total Financed |
|---|---|---|
| FY2020 | 1 | $2.1M |
| FY2021 | 3 | $1.8M |
| FY2023 | 2 | $152K |
FY2023 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where Miracle-Ear Is Getting SBA-Financed
Recent SBA-Financed Miracle-Ear Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is Miracle-Ear growing or shrinking?
Miracle-Ear doesn't have enough SBA loan activity in both FY2022 and FY2023 to calculate a reliable year-over-year trend. For context, it ranks #123 of 413 Retail brands by total SBA loan count since FY2020 -- a snapshot of scale, if not of trend.
How much does it cost to open a Miracle-Ear 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 $662K (60% 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 Miracle-Ear?
Miracle-Ear only has 6 SBA loans on record -- too few to calculate a meaningful charge-off rate on its own. For context, Retail brands overall see a 1.1% charge-off rate across 4,387 loans.
Explore More
Top SBA Lenders
- Wilmington Savings Fund Society FSB2
- The Huntington National Bank2
- Ameris Bank1
- Glacier Bank1
Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset