BD
SBA 7(a) franchise lending portfolio
Business Development Corporation of South Carolina
GOOD risk
- Total loans
- 127
- Loan volume
- $37.2M
- Avg loan size
- $293K
- Charge-off rate
- 6.7%
- vs 15.4% national avg
Defaults
8
Avg interest
6.39%
Franchises funded
91
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Subway Sandwich Shop | 7 | $1.4M | 0.0% (low risk) |
| Eggs Up Grill | 7 | $3.8M | 0.0% (low risk) |
| Jersey Mike's (deli Restaurant | 5 | $795K | 0.0% (low risk) |
| Blimpie | 3 | $290K | 0.0% (low risk) |
| Partyland (retail Party Goods) | 3 | $486K | 66.7% (very high risk) |
| Marco's Pizza | 3 | $2.3M | 0.0% (low risk) |
| Domino's Pizza | 2 | $345K | 0.0% (low risk) |
| Comfort Inn | 2 | $3.0M | 0.0% (low risk) |
| Servpro | 2 | $401K | 0.0% (low risk) |
| Zoes Kitchen | 2 | $650K | 0.0% (low risk) |
| UPS Store | 2 | $428K | 0.0% (low risk) |
| Wingstop Restaurant | 2 | $409K | 0.0% (low risk) |
| Fox's Pizza Den | 2 | $144K | 50.0% (very high risk) |
| International House Of Pancake | 2 | $735K | 0.0% (low risk) |
| The UPS Store | 2 | $1.2M | 0.0% (low risk) |
| Signs By Tomorrow | 2 | $291K | 0.0% (low risk) |
| Subway | 2 | $351K | 0.0% (low risk) |
| Smallcakes Cupcakery | 2 | $509K | 0.0% (low risk) |
| Lean Kitchen Company | 2 | $808K | 0.0% (low risk) |
| Jimmy John's | 2 | $530K | 0.0% (low risk) |
Lending volume by year
1'92
5
2
2
2
2'00
1
5
11
8
8'05
9
9
4
8
1'10
6
7
4
6
4'16
2
3
6
1
2'21
6
2'25
Business Development Corporation of South Carolina charge-off rate by loan vintage
BrandNational avg
Geographic exposure
1177.0% (moderate risk)
50.0% (low risk)
30.0% (low risk)
2N/A
Portfolio summary
Total funded$37.2M
Defaults8 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). For SBA 7(a) franchise lending, the national average runs 5–8%. Portfolios materially above that signal either riskier franchise selection or weaker underwriting.
- 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.