AR
SBA 504 certified development company
Ark-Tex Regional Development Corporation
- Total loans
- 19
- Loan volume
- $20.8M
- Avg loan size
- $1.1M
- Charge-off rate
- 53.3%
- vs 13.3% national avg
Defaults
8
Franchises funded
15
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Chicken Express | 3 | $1.4M | 0.0% (low risk) |
| Knights Inn | 2 | $1.8M | 50.0% (very high risk) |
| Choice Hotels International In | 2 | $2.1M | 100.0% (very high risk) |
| Comfort Inn | 1 | $2.0M | 100.0% (very high risk) |
| Hampton Inns | 1 | $720K | 0.0% (low risk) |
| Burger King | 1 | $324K | 0.0% (low risk) |
| Best Western Inn | 1 | $1.7M | 100.0% (very high risk) |
| Pizza Inn | 1 | $396K | 0.0% (low risk) |
| Ramada Inn | 1 | $657K | 0.0% (low risk) |
| Days Inn | 1 | $847K | 100.0% (very high risk) |
| Country Inns & Suites | 1 | $1.9M | 100.0% (very high risk) |
| Slim Chicken's | 1 | $1.4M | N/A |
| Harley Davidson | 1 | $2.0M | 0.0% (low risk) |
| Copeland's Of New Orleans | 1 | $1.1M | 100.0% (very high risk) |
| Holiday Inn/Holiday Inn & Suit | 1 | $2.5M | N/A |
Lending volume by year
1'92
1'94
1'96
1'05
1'06
2'07
4'09
1'10
2'11
2'12
1'13
1'18
1'21
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%).