SBA 7(a)/504 FOIA · FY1991–PRESENT · MICHIGAN
SERVPRO (UNIT) franchise in Michigan: what the public record shows
Franchisees of SERVPRO (UNIT) in Michigan have taken 37 SBA loans since 1991 (average $311,886), and of the 23 loans whose story has ended, 4.3% were charged off — versus 6.4% for SERVPRO (UNIT) nationally and 14.8% across all rateable franchise brands. Its latest FDD Item 20 state table reports 72 franchised outlets in Michigan (fiscal 2025) — about 0.71 per 100k residents.
Loans in MI
37
Resolved
23
Local charge-off
4.3%
National charge-off
6.4%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = MI. 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
2,217
statewide, all operators
Per 100k residents
21.9
national 26.7
Versus the country
-18%
thinner
Every business in SERVPRO (UNIT)'s industry operating in Michigan — 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.
| Fiscal year | Franchised | Company-owned |
|---|---|---|
| 2023 | 66 | 0 |
| 2024 | 71 | 0 |
| 2025 | 72 | 0 |
| System | Loans in MI | Local charge-off | Units in MI |
|---|---|---|---|
| Lawn Doctor | 8 | thin | — |
| MOLLY MAID | 8 | thin | 17 |
| SERVICEMASTER CLEAN | 8 | thin | 26 |
| RESTORATION 1 | 7 | thin | 14 |
| Shine, SHINE WINDOW CARE AND HOLIDAY LIGHTING, SHINE WINDOW CARE, and SHINE HOLIDAY LIGHTING. | 6 | thin | 10 |
| Chem-Dry | 5 | thin | — |
| Oxi Fresh Carpet Cleaning | 5 | thin | — |
Same sector, same state, same public records — how SERVPRO (UNIT) compares to the systems a buyer in Michigan 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 SERVPRO (UNIT)'s numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →