Two Men and a Truck Franchise Failure Rate
SBA 7(a) loan default data, FY2010–FY2019 · Updated 2026
Two Men and a Truck franchisees defaulted on 2.2% of SBA 7(a) loans between FY2010 and FY2019 — 1 of 46 loans were charged off — according to U.S. Small Business Administration data. That is lower than the Used Household and Office Goods Moving industry average of 11.2%.
- 2.2%SBA default rate1 of 46 loans
- 46loans resolvedapproved FY2010–FY2019
- 11.2%Used Household and Office Goods Moving averageall SBA loans in the industry
- 1st lowestindustry rankof 2 Used Household and Office Goods Moving brands
| SBA default rate | 2.2% |
|---|---|
| Loans approved | 46 |
| Loans charged off | 1 |
| Date range | FY2010–FY2019 |
| Industry | Used Household and Office Goods Moving |
| Industry average | 11.2% |
| 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 45 Two Men and a Truck SBA borrowers failed to repay — well below the Used Household and Office Goods Moving average of 11.2%.
What is the Two Men and a Truck franchise failure rate on SBA loans?
Two Men and a Truck is a Used Household and Office Goods Moving franchise. This page reports the outcome of every SBA 7(a) loan the U.S. Small Business Administration's public FOIA file attributes to Two Men and a Truck franchisees: 46 loans approved between fiscal 2010 and 2019, of which 1 was 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–FY201946
- Charged off1
- Charge-off rate2.2%
- Used Household and Office Goods Moving franchise benchmark11.2%
- Brand vs industry0.2x
- All-franchise SBA benchmark10.2%
- Average loan size, 2010s cohort$289,559
- New SBA loans since 202051
- Early charge-offs since 20200
How does Two Men and a Truck compare with other Used Household and Office Goods Moving franchises?
The table sets Two Men and a Truck's charge-off rate beside its Used Household and Office Goods Moving 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.
| Measure | Two Men and a Truck | Used Household and Office Goods Moving | All franchises | All SBA borrowers |
|---|---|---|---|---|
| Default (charge-off) rate | 2.2% | 11.2% | 10.2% | 8.0% |
| Loans in sample | 46 | — | — | — |
| Defaults | 1 | — | — | — |
| Average loan size | $289,559 | — | — | — |
What has Two Men and a Truck SBA lending looked like since 2020?
Since 2020, Two Men and a Truck franchisees have taken 51 new SBA 7(a) loans. None have charged off to date, though most remain outstanding and unresolved.
Loans approved since 2020, by fiscal year — counts only: 0 have 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 | 3 | 0 | 0.0% |
| FY2011 | 3 | 0 | 0.0% |
| FY2012 | 3 | 0 | 0.0% |
| FY2013 | 5 | 0 | 0.0% |
| FY2014 | 5 | 0 | 0.0% |
| FY2015 | 16 | 0 | 0.0% |
| FY2016 | 3 | 0 | 0.0% |
| FY2017 | 4 | 0 | 0.0% |
| FY2019 | 4 | 1 | 25.0% |
| FY2020 | 4 | — | outstanding |
| FY2021 | 9 | — | outstanding |
| FY2022 | 8 | — | outstanding |
| FY2023 | 7 | — | outstanding |
| FY2024 | 8 | — | outstanding |
| FY2025 | 7 | — | outstanding |
| FY2026 | 8 | — | 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?
Two Men and a Truck's figure rests on 46 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 46 resolved loans, one default moves the rate by about 2.2 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 Two Men and a Truck figure is recomputed from the public SBA FOIA file on each rebuild.
Based on 46 resolved loans — directional, not precise.
Is Two Men and a Truck in financial trouble? What the SBA data shows
Two Men and a Truck's SBA 7(a) default rate was 2.2% for loans approved FY2010–FY2019 (1 of 46 loans charged off) — the lowest of 2 Used Household and Office Goods Moving brands tracked here. A default rate this far below the Used Household and Office Goods Moving average of 11.2% is not, on its own, a sign of distress.
Frequently asked
- What is Two Men and a Truck's franchise failure rate?
- Two Men and a Truck franchisees defaulted on 2.2% of SBA 7(a) loans between FY2010 and FY2019 — 1 of 46 loans were charged off — according to U.S. Small Business Administration data. That is lower than the Used Household and Office Goods Moving industry average of 11.2%.
- How does Two Men and a Truck compare to other Used Household and Office Goods Moving franchises?
- Two Men and a Truck's 2.2% SBA default rate is lower than the Used Household and Office Goods Moving industry average of 11.2%. See every Used Household and Office Goods Moving franchise ranked on the Used Household and Office Goods Moving industry page. Used Household and Office Goods Moving 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). Two Men and a Truck franchise SBA 7(a) default rate, FY2010–FY2019 cohort: 2.2% (1 of 46 loans charged off). Derived from U.S. SBA FOIA data, loan statuses as of June 30, 2026.
https://franchisefailurerates.com/franchise/two-men-and-a-truck/ · Data & methodology · Download the dataset (CSV)