Novis Health
5
SBA Loans
$720K
Total Financed
$144K
Avg Loan Size
—
YoY Loan Growth
How Novis Health Compares
- Ranks #86 of 170 Health, Senior & Child Care brands by SBA loan count (#1,407 of 3,543 overall).
- Its average loan of $144K is 57% below the Health, Senior & Child Care median of $333K.
- With only 5 loans on record, its own charge-off rate isn't statistically meaningful -- for context, Health, Senior & Child Care brands overall see a 1.1% charge-off rate across 3,806 loans.
SBA Loan Activity by Fiscal Year
| Fiscal Year | Loans | Total Financed |
|---|---|---|
| FY2021 | 1 | $150K |
| FY2022 | 2 | $375K |
| FY2023 | 2 | $195K |
FY2023 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where Novis Health Is Getting SBA-Financed
Recent SBA-Financed Novis Health Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is Novis Health growing or shrinking?
Novis Health doesn't have enough SBA loan activity in both FY2022 and FY2023 to calculate a reliable year-over-year trend. For context, it ranks #86 of 170 Health, Senior & Child Care brands by total SBA loan count since FY2020 -- a snapshot of scale, if not of trend.
How much does it cost to open a Novis Health 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 (57% below the typical Health, Senior & Child Care brand's $333K) is a rough proxy, but SBA loans often cover only part of total investment.
What's the SBA loan default rate for Novis Health?
Novis Health only has 5 SBA loans on record -- too few to calculate a meaningful charge-off rate on its own. For context, Health, Senior & Child Care brands overall see a 1.1% charge-off rate across 3,806 loans.
Top SBA Lenders
- United Midwest Savings Bank National Association2
- The Huntington National Bank2
- Central 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