SBA 7(a)/504 FOIA · FY1991–PRESENT · TEXAS
Padgett Business Service franchise in Texas: what the public record shows
Franchisees of Padgett Business Service in Texas have taken 6 SBA loans since 1991 (average $186,783)— 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 8.7% is the better guide.
Loans in TX
6
Resolved
3
Local charge-off
thin
National charge-off
8.7%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = TX. 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.
Businesses in this industry
2,460
statewide, all operators
Per 100k residents
7.9
national 8.1
Versus the country
-2%
thinner
Every business in Padgett Business Service's industry operating in Texas — 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 TX | Local charge-off | Units in TX |
|---|---|---|---|
| Mail Boxes Etc. Usa | 135 | 20.2% | — |
| AMERIPRISE FINANCIAL SERVICES LLC | 40 | 0.0% | — |
| Liberty Tax Service | 32 | 7.4% | — |
| Fedex Ground | 21 | 15.8% | — |
| Kwik-Kopy | 21 | 27.8% | — |
| JACKSON HEWITT TAX SERVICE | 16 | 16.7% | — |
| Pakmail Centers of America | 13 | 30.8% | — |
| Express Personnel Services | 12 | 0.0% | — |
| Postal Annex Plus | 12 | 36.4% | — |
| Schooley Mitchell | 10 | thin | — |
| SIGNAL 88 SECURITY | 9 | thin | — |
| Patrice & Associates | 8 | thin | — |
Same sector, same state, same public records — how Padgett Business Service compares to the systems a buyer in Texas 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 Padgett Business Service's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →