AD
SBA 504 certified development company
Alloy Development Co., Inc.
- Total loans
- 180
- Loan volume
- $175.1M
- Avg loan size
- $973K
- Charge-off rate
- 14.8%
- vs 13.3% national avg
Defaults
16
Franchises funded
110
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Temporary Franchises | 13 | $6.8M | 0.0% (low risk) |
| Skyline Chili | 8 | $3.1M | 20.0% (very high risk) |
| Holiday Inn Express/Holiday In | 5 | $15.8M | 0.0% (low risk) |
| Holiday Inn Express | 4 | $8.0M | 50.0% (very high risk) |
| Gold Star Chili, Inc. | 4 | $718K | 33.3% (very high risk) |
| Kids R Kids | 4 | $3.4M | N/A |
| Super 8 Motel | 3 | $2.0M | 0.0% (low risk) |
| Comfort Suites | 3 | $3.1M | 50.0% (very high risk) |
| Larosa's Pizzeria | 3 | $1.2M | 0.0% (low risk) |
| Culver's Frozen Custard | 3 | $1.4M | 0.0% (low risk) |
| Days Inn | 3 | $1.6M | 50.0% (very high risk) |
| Hilton Inns | 3 | $4.5M | 0.0% (low risk) |
| Subway Sandwich Shop | 3 | $1.7M | 0.0% (low risk) |
| Popeye's Famous Fried Chicken | 3 | $1.1M | 0.0% (low risk) |
| Dunkin Donuts | 3 | $2.5M | 33.3% (very high risk) |
| All About Kids Childcare And L | 3 | $2.2M | 0.0% (low risk) |
| Culver's ButterBurgers & Froze | 3 | $2.2M | N/A |
| Car-X Auto Service | 2 | $796K | 0.0% (low risk) |
| Dairy Queen | 2 | $345K | 0.0% (low risk) |
| Marathon Oil Company | 2 | $603K | 50.0% (very high risk) |
Lending volume by year
2'93
2
3
5
3
1'98
4
1
4
3
4'04
1
12
7
8
12'09
4
13
12
7
2'14
8
7
5
2
8'19
6
8
8
5
5'24
7
1'26
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%).