Great Harvest Bread Co. Franchise Failure Rate
SBA 7(a) loan default data, FY2010–FY2019 · Updated 2026
Great Harvest Bread Co. franchisees defaulted on 16.9% of SBA 7(a) loans between FY2010 and FY2019 — 11 of 65 loans were charged off — according to U.S. Small Business Administration data. That is higher than the Retail Bakeries industry average of 8.1%.
- 16.9%SBA default rate11 of 65 loans
- 65loans resolvedapproved FY2010–FY2019
- 8.1%Retail Bakeries averageall SBA loans in the industry
- 2nd lowestindustry rankof 3 Retail Bakeries brands
| SBA default rate | 16.9% |
|---|---|
| Loans approved | 65 |
| Loans charged off | 11 |
| Date range | FY2010–FY2019 |
| Industry | Retail Bakeries |
| Industry average | 8.1% |
| Data source | U.S. SBA 7(a) FOIA loan data |
Most SBA default figures published online use loans approved since 2020 — loans that have had six years or less to fail — so those rates are floors, not outcomes. Every rate on this site is computed from the matured FY2010–FY2019 cohort: loans that have been paid in full or charged off, so the result is settled. Loans approved since 2020 are shown as counts so early charge-offs are visible without being mistaken for a rate.
Source: U.S. SBA FOIA dataset, statuses as of June 30, 2026. Figures also in the comparison table below.
About 1 in 6 Great Harvest Bread Co. SBA borrowers failed to repay — more than double the Retail Bakeries average of 8.1%.
What is the Great Harvest Bread Co. franchise failure rate on SBA loans?
Great Harvest Bread Co. is a Retail Bakeries franchise. This page reports the outcome of every SBA 7(a) loan the U.S. Small Business Administration's public FOIA file attributes to Great Harvest Bread Co. franchisees: 65 loans approved between fiscal 2010 and 2019, of which 11 were charged off. Loan statuses are as of June 30, 2026, and the cohort has matured, so these are settled outcomes rather than projections.
- SBA 7(a) loans approved FY2010–FY201965
- Charged off11
- Charge-off rate16.9%
- Retail Bakeries franchise benchmark8.1%
- Brand vs industry2.1x
- All-franchise SBA benchmark10.2%
- Average loan size, 2010s cohort$309,131
- New SBA loans since 202024
- Early charge-offs since 20201
How does Great Harvest Bread Co. compare with other Retail Bakeries franchises?
The table sets Great Harvest Bread Co.'s charge-off rate beside its Retail Bakeries peers and the two economy-wide benchmarks. All figures use the same cohort — SBA 7(a) loans approved FY2010–FY2019, statuses as of June 30, 2026 — and the same denominator of resolved loans, so they are directly comparable. A cell in red is more than twice the industry benchmark.
| Measure | Great Harvest Bread Co. | Retail Bakeries | All franchises | All SBA borrowers |
|---|---|---|---|---|
| Default (charge-off) rate | 16.9% | 8.1% | 10.2% | 8.0% |
| Loans in sample | 65 | — | — | — |
| Defaults | 11 | — | — | — |
| Average loan size | $309,131 | — | — | — |
What has Great Harvest Bread Co. SBA lending looked like since 2020?
Since 2020, Great Harvest Bread Co. franchisees have taken 24 new SBA 7(a) loans. 1 has already charged off. Early defaults on loans under six years old are worth noting. Most SBA failures take longer to develop.
Loans approved since 2020, by fiscal year — counts only: 1 has charged off to date and most are still outstanding, so no rate is drawn.
Source: U.S. SBA FOIA dataset, statuses as of June 30, 2026.
Show the numbers behind this chart
| Fiscal year | Loans | Charged off | Rate |
|---|---|---|---|
| FY2010 | 7 | 2 | 28.6% |
| FY2011 | 6 | 0 | 0.0% |
| FY2012 | 5 | 3 | 60.0% |
| FY2013 | 7 | 0 | 0.0% |
| FY2014 | 7 | 1 | 14.3% |
| FY2015 | 8 | 2 | 25.0% |
| FY2016 | 4 | 1 | 25.0% |
| FY2017 | 5 | 0 | 0.0% |
| FY2018 | 11 | 1 | 9.1% |
| FY2019 | 5 | 1 | 20.0% |
| FY2020 | 2 | — | outstanding |
| FY2021 | 3 | — | outstanding |
| FY2022 | 5 | — | outstanding |
| FY2023 | 7 | — | outstanding |
| FY2024 | 2 | — | outstanding |
| FY2025 | 4 | — | outstanding |
| FY2026 | 1 | — | outstanding |
How to read this
A charge-off means a franchisee borrowed, operated, and failed severely enough that the SBA wrote off the government-guaranteed loan. Unlike franchisor marketing or Item 19 disclosures, this is an observed outcome recorded by a federal agency. One caveat cuts the other way: SBA borrowers are typically less capitalized than all-cash buyers, so these rates can overstate risk for well-funded operators.
How reliable is this number?
Great Harvest Bread Co.'s figure rests on 65 resolved SBA 7(a) loans approved between fiscal 2010 and 2019. That cohort has matured, so the rate is a settled outcome, not a projection. With 65 resolved loans, one default moves the rate by about 1.5 percentage points. Loans approved since 2020 are excluded from the rate because most are still outstanding; they appear on this page as counts only. Every Great Harvest Bread Co. figure is recomputed from the public SBA FOIA file on each rebuild.
Based on 65 resolved loans — directional, not precise.
Is Great Harvest Bread Co. in financial trouble? What the SBA data shows
Great Harvest Bread Co.'s SBA 7(a) default rate was 16.9% for loans approved FY2010–FY2019 (11 of 65 loans charged off) — 2nd lowest of 3 Retail Bakeries brands tracked here. A default rate this far above the Retail Bakeries average of 8.1% is a signal worth investigating further before investing.
Frequently asked
- What is Great Harvest Bread Co.'s franchise failure rate?
- Great Harvest Bread Co. franchisees defaulted on 16.9% of SBA 7(a) loans between FY2010 and FY2019 — 11 of 65 loans were charged off — according to U.S. Small Business Administration data. That is higher than the Retail Bakeries industry average of 8.1%.
- How does Great Harvest Bread Co. compare to other Retail Bakeries franchises?
- Great Harvest Bread Co.'s 16.9% SBA default rate is higher than the Retail Bakeries industry average of 8.1%. See every Retail Bakeries franchise ranked on the Retail Bakeries industry page. Retail Bakeries franchises →
- What does 'SBA default rate' mean?
- An SBA default rate is the share of SBA 7(a) loans, approved FY2010–FY2019 and since resolved (paid in full or charged off), that were charged off — written off after the borrower failed to repay. It is not a measure of unit closures.
Source
Source: U.S. Small Business Administration, 7(a) loan program charge-off data, FY2010–FY2019. Franchise data is matched on the SBA's franchise code / brand name. "Failure rate" here means the share of approved loans (resolved: paid in full or charged off) that were charged off; it is not a measure of unit closures. Last updated September 30, 2026.
Every brand in one table, with percentiles and breakdowns by year, industry and loan size: franchise SBA default rates, all 415 brands.
Cite this page
Franchise Default Rates (2026). Great Harvest Bread Co. franchise SBA 7(a) default rate, FY2010–FY2019 cohort: 16.9% (11 of 65 loans charged off). Derived from U.S. SBA FOIA data, loan statuses as of June 30, 2026.
https://franchisefailurerates.com/franchise/great-harvest-bread-co/ · Data & methodology · Download the dataset (CSV)