FranchiseRanked

No-H2O

Automotive ServicesSBA loans FY2022–FY2023

7

SBA Loans

$1.1M

Total Financed

$153K

Avg Loan Size

—

YoY Loan Growth

How No-H2O Compares

  • Ranks #43 of 125 Automotive Services brands by SBA loan count (#1,164 of 3,543 overall).
  • Its average loan of $153K is 66% below the Automotive Services median of $453K.
  • With only 7 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 YearLoansTotal Financed
FY20224$701K
FY20233$373K

FY2023 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.

Recent SBA-Financed No-H2O Locations

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

SELDIN HOLDINGS INCPITTSBURGH, PA
$20,0002023-03-28
DFC LLCCARMEL, IN
$50,7002023-02-22
APRN Investments LLCSUWANEE, GA
$302,0002022-11-21
Hoelting Investments LLCPark Ridge, IL
$263,0002022-06-16
Hoelting Investments LLCPark Ridge, IL
$25,0002022-06-16
Hoelting Investments LLCPark Ridge, IL
$263,0002022-06-16
AMETHYST AUTO CARE INC.SCOTTSDALE, AZ
$150,0002022-06-07

Frequently Asked Questions

Is No-H2O growing or shrinking?

No-H2O doesn't have enough SBA loan activity in both FY2022 and FY2023 to calculate a reliable year-over-year trend. For context, it ranks #43 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 No-H2O 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 $153K (66% below 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 No-H2O?

No-H2O only has 7 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

  • The Huntington National Bank3
  • United Midwest Savings Bank National Association1
  • First Bank of the Lake1
  • Stock Yards Bank & Trust Company1
  • PNC Bank, National Association1
Planning to finance a automotive 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