AC
SBA 504 certified development company
Altoona-Blair County Development Corporation
- Total loans
- 11
- Loan volume
- $8.8M
- Avg loan size
- $797K
- Default rate
- 0.0%
- vs 13.3% national avg
Defaults
0
Franchises funded
11
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Jiffy Lube | 1 | $309K | 0.0% |
| Ramada Inn | 1 | $1.2M | 0.0% |
| Best Western Inn | 1 | $882K | 0.0% |
| Holiday Inn Express | 1 | $1.8M | 0.0% |
| Long John Silver's | 1 | $312K | 0.0% |
| Servicemaster | 1 | $69K | 0.0% |
| Servpro | 1 | $249K | 0.0% |
| Dunkin Donuts | 1 | $435K | 0.0% |
| Microtel Inn And Suites | 1 | $2.0M | — |
| Damon's (ribs Restaurant) | 1 | $451K | 0.0% |
| Days Inn | 1 | $1.1M | 0.0% |
Lending volume by year
1'95
2'96
1'01
2'04
1'06
1'09
1'10
1'13
1'14
Geographic coverage
Pennsylvania
110.0%
Portfolio summary
Total funded$8.8M
Defaults0 of 11
Risk tierEXCELLENT
Source: SBA 504 FOIA loan-level data, aggregated by FranchiseVerdict
Default 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%), Critical (>20%).