5C
SBA 504 certified development company
504 Capital Corporation
- Total loans
- 131
- Loan volume
- $149.2M
- Avg loan size
- $1.1M
- Charge-off rate
- 23.1%
- vs 13.3% national avg
Defaults
15
Franchises funded
97
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Days Inn | 5 | $6.9M | 80.0% (very high risk) |
| Quality Inn | 5 | $4.7M | 40.0% (very high risk) |
| Choice Hotels International In | 3 | $3.9M | 50.0% (very high risk) |
| Chuck E. Cheese (show Biz Pizz | 3 | $1.1M | 0.0% (low risk) |
| International House Of Pancake | 3 | $2.5M | 0.0% (low risk) |
| Pods | 3 | $1.9M | 0.0% (low risk) |
| Extended Stay America Suites f | 3 | $10.5M | N/A |
| Motel 6 | 3 | $2.2M | 0.0% (low risk) |
| Ramada Inn | 2 | $2.1M | 50.0% (very high risk) |
| Bojangles | 2 | $1.5M | 0.0% (low risk) |
| Sonic | 2 | $886K | 0.0% (low risk) |
| Comfort Inn | 2 | $2.2M | N/A |
| Best Western Inn | 2 | $2.6M | 0.0% (low risk) |
| Popeyes Louisiana Kitchen | 2 | $747K | 0.0% (low risk) |
| Servpro | 2 | $657K | 0.0% (low risk) |
| Comfort Inn by Choice Hotels/C | 2 | $6.9M | 0.0% (low risk) |
| The Goddard School | 2 | $3.0M | 0.0% (low risk) |
| Holiday Inn Express/Holiday In | 2 | $3.8M | N/A |
| Primrose Schools | 2 | $4.5M | N/A |
| Kiddie Academy | 2 | $4.2M | N/A |
Lending volume by year
1'92
3
1
3
1
5'03
5
8
5
5
11'08
2
4
2
3
6'13
4
2
2
3
6'20
11
19
13
1
3'25
2'26
Geographic coverage
Virginia
10624.6% (very high risk)
North Carolina
200.0% (low risk)
Maryland
3N/A
Washington DC
20.0% (low risk)
Portfolio summary
Total funded$149.2M
Defaults15 of 131
Risk tierCRITICAL
Source: SBA 504 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%).