![Hardee's Restaurant logo](https://cdn.brandfetch.io/hardees.com/w/128/h/128/fallback/lettermark?c=<img src="https://cdn.brandfetch.io/domain/apple.com?c=1idsvcTjLv919Ax0E2s" alt="Logo by Brandfetch" />)
D#4,414 of 5,063
23
Risk
D77/100
SBA Loan Data Only
This franchise has SBA 7(a) lending history but no Franchise Disclosure Document (FDD) on file. Investment costs, revenue, fees, and contract terms are not available. The Verdict score is based solely on SBA loan performance data.
SBA loans
38
Loan volume
$24.1M
Default rate
39.5%
vs <3% typical
Avg loan
$633K
Lenders
19
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
Total loans
38
Loan volume
$24.1M
Median loan
$641K
50th percentile
Default rate
39.5%
vs <3% typical · system-wide
Repayment rate (PIF)
60.5%
5-yr default
—
Loans approved 2021+
Active lenders
19
Defaults
15
Explore lender portfolios on Bank Reports or regional data on State Reports.
Vintage analysis
Hardee's Restaurant default rate by loan vintage
BrandNational avg
Lending insight
A 39.5% default rate means roughly 1 in 3 franchisees failed to repay their SBA loan. Investigate what changed.
FranchiseVerdict rating · based on SBA data
Risk & Legal
77
Risk · 0-100
D29Risk score 77
Low confidence±12 pts
6589