SBA 7(a)/504 FOIA · FY1991–PRESENT · MINNESOTA
H&R Block franchise in Minnesota: what the public record shows
Franchisees of H&R Block in Minnesota have taken 7 SBA loans since 1991 (average $66,071)— too few resolved loans in-state to publish a local failure rate (we require a resolved cohort, never extrapolate), so the brand's national rate of 2.7% is the better guide. Its latest FDD Item 20 state table reports 94 franchised outlets in Minnesota (fiscal 2019) — about 1.62 per 100k residents.
Loans in MN
7
Resolved
7
Local charge-off
thin
National charge-off
2.7%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = MN. 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 of 30 loans.
| Fiscal year | Franchised | Company-owned |
|---|---|---|
| 2017 | 97 | 81 |
| 2018 | 98 | 82 |
| 2019 | 94 | 88 |
| System | Loans in MN | Local charge-off | Units in MN |
|---|---|---|---|
| DAIRY QUEEN | 143 | 5.3% | — |
| Subway | 108 | 5.3% | 355 |
| Nautical Bowls | 30 | 25.0% | 0 |
| Honest-1 | 23 | 0.0% | 16 |
| Fastsigns | 20 | 11.1% | — |
| Budget Blinds | 19 | thin | — |
| PRECISION TUNE FRANCHISE AGREEMENT | 19 | 31.3% | 8 |
| Minuteman Press | 18 | 14.3% | — |
| SERVICEMASTER RESTORE | 15 | 0.0% | 71 |
| Radioshack | 13 | 18.2% | — |
| Sport Clips | 13 | 10.0% | 46 |
| Sears Catalog Store | 12 | 40.0% | — |
Same sector, same state, same public records — how H&R Block compares to the systems a buyer in Minnesota 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 H&R Block's numbers, including talking you out of a bad deal.
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