1 Tom Plumber

How franchisees’ loans performed

Every SBA-guaranteed loan to a 1 Tom Plumber franchisee approved between 2022–2026. This is the only public record of what happened to people who actually bought this franchise — the disclosure document does not report it.

Rates below count only finished loans — ones that have been repaid in full or written off. A loan still being repaid has not succeeded yet, and counting it as though it had would make every brand look better than it is.

No loan has run its course yet. 18 loans are on record, but none has been repaid or written off, so there is nothing to read as a success or failure rate. This is not the same as a clean record.
Loans on record
18
Finished — repaid or written off
0
Outcome withheld by SBA
1372% of all loans
Median loan approved
$329,300

Source: U.S. Small Business Administration 7(a) FOIA disclosure data. A loan is counted only once it has been repaid in full or charged off — loans still running are neither a success nor a failure, and counting them as repaid would flatter every brand here. Loans whose status SBA withheld are excluded from the figures above and shown separately. The median is the loan approved, not the cost of opening — most projects are financed with additional capital.

FDD data sourced from public state filings. We are not a franchise broker; we do not receive payment from franchisors and do not sell your information. Figures are read from the filing by a machine and link to the page they came from — check any of them against the source. Read the current disclosure document, and take advice from a franchise attorney, before you sign anything.