BD
SBA 7(a) franchise lending portfolio
Business Development Corporation of South Carolina
Risk rating: Good
- Total loans
- 127
- Loan volume
- $37.2M
- Avg loan size
- $293K
- Charge-off rate
- 6.7%
- vs 16.0% national
Charged off
8
Avg interest
6.39%
Franchises funded
91
Risk rating
Good
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Subway Sandwich Shop | 9 | $1.7M | N/A |
| Eggs Up Grill | 7 | $3.8M | N/A |
| Jersey Mike's (deli Restaurant | 5 | $795K | N/A |
| UPS Store | 4 | $1.7M | N/A |
| Blimpie | 3 | $290K | N/A |
| Partyland (retail Party Goods) | 3 | $486K | N/A |
| Marco's Pizza | 3 | $2.3M | N/A |
| Domino's Pizza | 2 | $345K | N/A |
| Comfort Inn | 2 | $3.0M | N/A |
| Servpro | 2 | $401K | N/A |
| Zoes Kitchen | 2 | $650K | N/A |
| Wingstop Restaurant | 2 | $409K | N/A |
| Fox's Pizza Den | 2 | $144K | N/A |
| International House Of Pancake | 2 | $735K | N/A |
| Signs By Tomorrow | 2 | $291K | N/A |
| Smallcakes Cupcakery | 2 | $509K | N/A |
| Lean Kitchen Company | 2 | $808K | N/A |
| Jimmy John's | 2 | $530K | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1992 | 1 |
| FY1993 | 5 |
| FY1995 | 2 |
| FY1998 | 2 |
| FY1999 | 2 |
| FY2000 | 2 |
| FY2001 | 1 |
| FY2002 | 5 |
| FY2003 | 11 |
| FY2004 | 8 |
| FY2005 | 8 |
| FY2006 | 9 |
| FY2007 | 9 |
| FY2008 | 4 |
| FY2009 | 8 |
| FY2010 | 1 |
| FY2011 | 6 |
| FY2012 | 7 |
| FY2014 | 4 |
| FY2015 | 6 |
| FY2016 | 4 |
| FY2017 | 2 |
| FY2018 | 3 |
| FY2019 | 6 |
| FY2020 | 1 |
| FY2021 | 2 |
| FY2022 | 6 |
| FY2025 | 2 |
SBA 7(a) · charge-off rate by approval year
Business Development Corporation of South Carolina charge-off rate by loan vintage
Only 1 of these 16 approval years has 10 or more resolved loans, too few to draw a trend. Each year’s numbers are in the table below.
Show the numbers by year
| Year | Resolved | Charged off | Rate |
|---|---|---|---|
| 1993 | 5 | 0 | Too few |
| 2002 | 5 | 0 | Too few |
| 2003 | 11 | 0 | 0.0% |
| 2004 | 8 | 0 | Too few |
| 2005 | 8 | 1 | Too few |
| 2006 | 9 | 2 | Too few |
| 2007 | 9 | 1 | Too few |
| 2008 | 4 | 1 | Too few |
| 2009 | 8 | 0 | Too few |
| 2011 | 6 | 0 | Too few |
| 2012 | 7 | 0 | Too few |
| 2014 | 4 | 0 | Too few |
| 2015 | 6 | 0 | Too few |
| 2016 | 4 | 0 | Too few |
| 2018 | 3 | 0 | Too few |
| 2019 | 4 | 0 | Too few |
Source and method
SBA 7(a) FOIA loan records. Rate: charged-off loans over resolved loans (paid in full plus charged off) for loans approved that year; it moves as loans are resolved.
Geographic exposure
Portfolio summary
Total funded$37.2M
Charged off8 of 127
Risk tierGood
Avg rate6.39%
Source: SBA 7(a) FOIA loan-level data, aggregated by FranchiseVerdict
Charge-off rate = charge-offs / (charge-offs + paid-in-full). Active, exempt, and cancelled loans are excluded. Risk ratings: Excellent (<5%), Good (5-10%), Average (10-15%), Elevated (15-20%), High Risk (>20%).
Frequently asked questions
- How many SBA 7(a) franchise loans has Business Development Corporation of South Carolina originated?
- 127 loans totaling $37.2M. The portfolio carries a 6.7% charge-off rate, earning a “Good” risk rating.
- What is the charge-off rate and why does it matter?
- Charge-off rate = charge-offs / (charge-offs + paid-in-full). Across SBA 7(a) franchise lending, the national charge-off rate is 16.0% over 94,550 resolved loans.Portfolios materially above that signal either riskier franchise selection or weaker underwriting. Business Development Corporation of South Carolina's rate of 6.7% is below the national rate.
- Where does this lending data come from?
- SBA 7(a) loan records released under the Freedom of Information Act. Each record carries approval date, amount, lender, business type, NAICS code, location, and outcome. See methodology.
- Which franchise brands does Business Development Corporation of South Carolina fund the most?
- The “Top franchise exposures” table above lists the brands Business Development Corporation of South Carolina has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.