{"citation":"SBA loans to Success On The Spectrum franchisees. SBA Express Loans, Janover Capital LLC (data as of June 30, 2026). https://www.sbaexpress.loans/franchises/success-on-the-spectrum/ Source: U.S. Small Business Administration, 7(a) and 504 FOIA loan-level data, as of June 30, 2026 (https://data.sba.gov/dataset/7a-504-foia).","url":"https://www.sbaexpress.loans/franchises/success-on-the-spectrum/","title":"SBA loans to Success On The Spectrum franchisees","data_as_of":"2026-06-30","checked":null,"sources":[{"label":"U.S. Small Business Administration, 7(a) and 504 FOIA loan-level data, as of June 30, 2026","url":"https://data.sba.gov/dataset/7a-504-foia"},{"label":"13 CFR § 120.214(d)(4); SOP 50 10 8.1, Sec. B, Ch. 2, Para. B.5 (Para. B begins p. 126)","url":"https://www.ecfr.gov/current/title-13/section-120.214"},{"label":"SOP 50 10 8.1, Sec. B, Ch. 2, Para. B.1 (p. 126)","url":"https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx"},{"label":"SOP 50 10 8.1, Sec. B, Ch. 2, Para. C.2 (Para. C begins p. 127)","url":"https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx"},{"label":"SOP 50 10 8.1, Sec. B, Ch. 1, Para. C (p. 118)","url":"https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx"},{"label":"SOP 50 10 8.1, Sec. B, Ch. 1, Para. C (p. 118); Sec. B, Ch. 2, Para. C (p. 127)","url":"https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx"},{"label":"SOP 50 10 8.1, Sec. A, Ch. 1, Para. G.5 (Para. G begins p. 30)","url":"https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx"},{"label":"SOP 50 10 8.1, App. 15, Para. A.1, Types of changes of ownership","url":"https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx"},{"label":"SBA Franchise Directory","url":"https://www.sba.gov/document/support-sba-franchise-directory"}],"data":{"brand":"Success On The Spectrum","kind":"franchise","sba_franchise_codes":["S4209"],"rows":[{"period":"October 2019 to June 2026","loans":77,"dollars":29125600,"median_loan":380000,"loan_p25":250000,"loan_p75":472700,"median_term_months":120,"median_spread_over_prime_points":2.5,"median_rate_at_approval_pct":null,"sba_express_share_pct":13.0,"line_of_credit_share_pct":13.0},{"period":"October 2023 to June 2026","loans":59,"dollars":24738200,"median_loan":425000,"loan_p25":322250,"loan_p75":490000,"median_term_months":120,"median_spread_over_prime_points":2.5,"median_rate_at_approval_pct":10.25,"sba_express_share_pct":13.6,"line_of_credit_share_pct":13.6}],"top_lenders":[{"lender":"Bank Five Nine","loans":24},{"lender":"The Huntington National Bank","loans":15},{"lender":"CRF Small Business Loan Company, LLC","loans":9},{"lender":"Unity National Bank of Houston","loans":6}],"top_states":[{"state":"Texas","loans":20},{"state":"New Jersey","loans":18},{"state":"Georgia","loans":8},{"state":"Florida","loans":6}],"loans_by_size":[{"band":"$50,000 or less","loans":9},{"band":"$50,001 to $150,000","loans":null},{"band":"$150,001 to $350,000","loans":25},{"band":"$350,001 to $500,000","loans":30},{"band":"$500,001 to $1,000,000","loans":9},{"band":"$1,000,001 to $2,000,000","loans":null},{"band":"Over $2,000,000","loans":0}],"loans_by_business_age":[{"age":"In business more than 2 years","loans":0,"share_pct":0.0},{"age":"In business 2 years or less","loans":null,"share_pct":null},{"age":"Startup (the loan opens the business)","loans":70,"share_pct":90.9},{"age":"Change of ownership","loans":null,"share_pct":null},{"age":"Not answered","loans":0,"share_pct":0.0}],"charge_off":{"group":"loans approved October 2019 to September 2022","through":"2026-06-30","loans_in_group":9,"charged_off_loans":0,"rate_by_count_pct":0.0,"rate_by_dollars_pct":0.0}}}