SBA 7(a)/504 FOIA · FY1991–PRESENT · MISSOURI
True Value Hardware franchise in Missouri: what the public record shows
Franchisees of True Value Hardware in Missouri have taken 17 SBA loans since 1991 (average $441,547), and of the 14 loans whose story has ended, 14.3% were charged off — versus 14.7% for True Value Hardware nationally and 14.8% across all rateable franchise brands.
Loans in MO
17
Resolved
14
Local charge-off
14.3%
National charge-off
14.7%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = MO. 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
2,109
statewide, all operators
Per 100k residents
33.8
national 39.6
Versus the country
-15%
thinner
Every business in True Value Hardware's industry operating in Missouri — 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 MO | Local charge-off | Units in MO |
|---|---|---|---|
| Ace Hardware | 11 | thin | — |
| Snap-On Tools | 9 | thin | — |
| PAUL DAVIS RESTORATION INC FRANCHISE AGREEMENT | 5 | thin | — |
Same sector, same state, same public records — how True Value Hardware compares to the systems a buyer in Missouri 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 True Value Hardware's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →