AE
SBA 504 certified development company
Arcata Economic Development Corporation
- Total loans
- 12
- Loan volume
- $9.2M
- Avg loan size
- $769K
- Charge-off rate
- 0.0%
- vs 13.3% national avg
Defaults
0
Franchises funded
9
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Ace Hardware | 3 | $2.2M | 0.0% (low risk) |
| Motel 6 | 2 | $2.2M | N/A |
| Holiday Inn | 1 | $528K | 0.0% (low risk) |
| Choice Hotels International In | 1 | $1.4M | 0.0% (low risk) |
| Burger King | 1 | $350K | 0.0% (low risk) |
| Super 8 | 1 | $876K | N/A |
| Flyers Energy, LLC (Chevron) M | 1 | $267K | N/A |
| Denny's | 1 | $361K | N/A |
| Kampgrounds of America | 1 | $1.1M | 0.0% (low risk) |
Lending volume by year
1'93
1'95
1'99
1'06
1'12
1'15
1'17
1'18
1'19
2'21
1'23
Geographic coverage
California
120.0% (low risk)
Portfolio summary
Total funded$9.2M
Defaults0 of 12
Risk tierEXCELLENT
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%).