SBA 7(a)/504 FOIA · FY1991–PRESENT · UTAH
Chem-Dry franchise in Utah: what the public record shows
Franchisees of Chem-Dry in Utah have taken 14 SBA loans since 1991 (average $135,735), and of the 12 loans whose story has ended, 41.7% were charged off — versus 29.2% for Chem-Dry nationally and 14.8% across all rateable franchise brands.
Loans in UT
14
Resolved
12
Local charge-off
41.7%
National charge-off
29.2%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = UT. Charge-off rate = charged-off ÷ (charged-off + paid-in-full); open loans excluded. A local rate is published only when the resolved cohort clears our floor.
Businesses in this industry
1,141
statewide, all operators
Per 100k residents
32.6
national 26.7
Versus the country
+22%
denser
Every business in Chem-Dry's industry operating in Utah — franchised and independent — from the Census Bureau's County Business Patterns (2023), against 2024 population estimates. Counter-intuitively, density is not a warning: across 198 brand-state cells in our loan data, the densest quartile charges off at 5.6% versus 18.1% in the thinnest. A crowded market is usually proven demand; an empty one is often empty for a reason.
| System | Loans in UT | Local charge-off | Units in UT |
|---|---|---|---|
| SERVPRO (UNIT) | 10 | thin | 24 |
| MOLLY MAID | 5 | thin | 5 |
| The Grounds Guys | 5 | thin | — |
Same sector, same state, same public records — how Chem-Dry compares to the systems a buyer in Utah would actually be choosing between. Local rates under 10 resolved loans are marked thin, not hidden.
A broker is paid by the franchisor to place you. An independent CPA is paid by you — and the job is pressure-testing Chem-Dry's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →