BA
SBA 504 certified development company
Bay Area Employment Development Company
- Total loans
- 122
- Loan volume
- $177.8M
- Avg loan size
- $1.5M
- Charge-off rate
- 2.9%
- vs 13.3% national avg
Defaults
2
Franchises funded
89
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Chevron (gas Station) | 4 | $2.8M | 0.0% (low risk) |
| Burger King | 4 | $2.0M | 0.0% (low risk) |
| Valero Marketing and Supply Co | 4 | $8.2M | 0.0% (low risk) |
| Big O Tires | 3 | $2.0M | 0.0% (low risk) |
| Denny's Restaurant | 3 | $1.8M | 0.0% (low risk) |
| AM/PM Mini-Mart Agreement - AR | 3 | $5.3M | N/A |
| Coldwell Banker (real Estate B | 2 | $346K | 100.0% (very high risk) |
| Marie Callender Pie Shops | 2 | $1.3M | 0.0% (low risk) |
| Straw Hat Pizza | 2 | $1.1M | 0.0% (low risk) |
| Servpro | 2 | $964K | 0.0% (low risk) |
| Century 21 | 2 | $1.1M | 0.0% (low risk) |
| Holiday Inn Express | 2 | $3.7M | 0.0% (low risk) |
| Valero | 2 | $1.7M | 0.0% (low risk) |
| Hampton Inns | 2 | $3.4M | 0.0% (low risk) |
| Minuteman Press | 2 | $402K | 0.0% (low risk) |
| Jack-In-The-Box | 2 | $427K | 0.0% (low risk) |
| Chevron - Retail Supply Contra | 2 | $5.0M | N/A |
| Kia Dealer Sales and Service A | 2 | $1.5M | N/A |
| Am/Pm Mini Market | 2 | $2.2M | 0.0% (low risk) |
| Popeyes Louisiana Kitchen | 2 | $2.5M | N/A |
Lending volume by year
1'92
1
2
1
3
2'97
2
1
3
1
1'03
3
6
2
2
4'08
4
6
4
6
8'13
4
2
1
3
3'18
7
4
9
10
5'23
5
6'25
Geographic coverage
California
1222.9% (low risk)
Portfolio summary
Total funded$177.8M
Defaults2 of 122
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%).