Temporary Help Services: SBA business acquisition loan data
28 SBA 7(a) loans since FY2018 financed the purchase of an existing business classified as Temporary Help Services (NAICS 561320), totaling $40M. Median loan $1,029,000, 59% higher than the all-acquisition median. 25% of these deals were franchised units.
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Reading this industry's numbers
- Deal size. The loan excludes the buyer's equity and any seller note and may include working capital. A loan request far above $2,015,600 would be in the top quarter of SBA acquisition loans in this industry.
- Share of all acquisitions. This industry is 0.1% of all SBA-financed business purchases, ranking #242 of 300 industries tracked.
- Geography. California leads with 5 loans; the top five states account for 61% of the industry's acquisitions.
- Jobs. Lenders reported 418 jobs supported across these loans, about 14.9 per acquisition, a rough proxy for the size of business changing hands.
Temporary Help Services acquisitions by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 2 | $4M | $2,007,000 | |
| FY2019 | 5 | $6.2M | $1,070,000 | |
| FY2020 | 5 | $5.8M | $805,000 | |
| FY2021 | 2 | $1.4M | $693,750 | |
| FY2022 | 0 | $0 | - | |
| FY2023 | 2 | $1.1M | $554,050 | |
| FY2024 | 4 | $5.8M | $1,235,000 | |
| FY2025 | 6 | $9.8M | $1,215,000 | |
| FY2026 | 2 | $5.9M | $2,972,500 |
How often do these acquisition loans fail?
Fewer than 20 Temporary Help Services acquisition loans are old enough to measure losses reliably, so no charge-off rate is shown. The benchmark across all SBA acquisition loans in the FY2018 to FY2021 cohort is 3.5% by count. Non-acquisition 7(a) loans (every other stated purpose) approved FY2018 to FY2021 charged off at 6.2%.
"Charged off" is the SBA's final loss action on a defaulted loan after collection efforts. It lags default by a year or more, which is why only older cohorts are measured. It is not the same as a delinquency rate, and loans still outstanding can still fail. See charge-off in the glossary.
Seller note standby terms and third-party consents are reviewed before closing.
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Top states
| # | State | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | California | 5 | 17.9% | $4.3M | |
| 2 | Ohio | 4 | 14.3% | $2.2M | |
| 3 | Massachusetts | 3 | 10.7% | $7.1M | |
| 4 | Texas | 3 | 10.7% | $4.2M | |
| 5 | Illinois | 2 | 7.1% | $5M | |
| 6 | Georgia | 2 | 7.1% | $1.8M | |
| 7 | Utah | 1 | 3.6% | $3.5M | |
| 8 | Michigan | 1 | 3.6% | $3.2M | |
| 9 | Maryland | 1 | 3.6% | $2.1M | |
| 10 | North Carolina | 1 | 3.6% | $2.1M |
Most active lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | First Internet Bank of Indiana | 3 | 10.7% | $4.3M | |
| 2 | Beacon Bank and Trust | 3 | 10.7% | $2.9M | |
| 3 | The Huntington National Bank | 3 | 10.7% | $1.8M | |
| 4 | Truliant FCU | 2 | 7.1% | $1.9M | |
| 5 | U.S. Bank, National Association | 2 | 7.1% | $461K | |
| 6 | Bank of America, National Association | 1 | 3.6% | $5M | |
| 7 | Glacier Bank | 1 | 3.6% | $3.5M | |
| 8 | Old National Bank | 1 | 3.6% | $3.2M | |
| 9 | Wilmington Savings Fund Society FSB | 1 | 3.6% | $3M | |
| 10 | Happen Bank | 1 | 3.6% | $2.1M |
The purchase agreement decides what you bought, not the loan approval.
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Franchise brands in Temporary Help Services
25% of acquisition loans in this industry involved a franchised unit. Brands with the most SBA-financed resales:
| # | Brand | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Express Employment Professionals | 6 | 85.7% | $3.2M |
Questions buyers ask
How much is a typical SBA loan to buy a business in Temporary Help Services?
Median $1,029,000 across 28 acquisition loans (FY2018 to FY2026); the middle half ran $802,400 to $2,015,600. That is 59% higher than the $645,250 median for all SBA-financed acquisitions.
Which lenders finance the most Temporary Help Services acquisitions?
First Internet Bank of Indiana (3), Beacon Bank and Trust (3), The Huntington National Bank (3), Truliant FCU (2), U.S. Bank, National Association (2).
Are businesses in Temporary Help Services often franchised?
Yes, often. 25% of SBA acquisition loans in this industry financed a franchised unit. Top brands: Express Employment Professionals.
How risky are SBA loans for buying a business in Temporary Help Services?
Too few loans are old enough to measure for this industry. The all-acquisition benchmark is 3.5%.
What loan terms are common for Temporary Help Services acquisitions?
Median term 10 years, average initial rate 7.97% at approval (blended across years and fixed/variable structures). Terms longer than 10 years usually indicate real estate was included in the purchase.
The purchase agreement decides what you bought, not the loan approval.
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