BS
SBA 504 certified development company
Big Sky Economic Development Corporation
- Total loans
- 96
- Loan volume
- $66.0M
- Avg loan size
- $688K
- Charge-off rate
- 4.0%
- vs 13.3% national avg
Defaults
3
Franchises funded
58
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Super 8 Motel | 8 | $5.0M | 0.0% (low risk) |
| Holiday Inn Express | 4 | $6.9M | 0.0% (low risk) |
| Comfort Inn | 3 | $2.4M | 0.0% (low risk) |
| Taco John's | 3 | $1.0M | 33.3% (very high risk) |
| Days Inn | 3 | $1.9M | 0.0% (low risk) |
| Buffalo Wild Wings (f/K/A Bw-3 | 3 | $1.9M | 0.0% (low risk) |
| NAPA Auto Parts | 3 | $1.9M | 0.0% (low risk) |
| Great Harvest Bread Co. | 3 | $447K | 0.0% (low risk) |
| Ace Hardware | 3 | $2.6M | N/A |
| Ace Hardware | 3 | $2.9M | N/A |
| Sleep Inn Motel | 2 | $1.6M | 0.0% (low risk) |
| Dairy Queen | 2 | $716K | 0.0% (low risk) |
| Taco Time | 2 | $476K | 100.0% (very high risk) |
| Guesthouse Inn | 2 | $1.5M | 0.0% (low risk) |
| Fuddrucker's | 2 | $976K | 0.0% (low risk) |
| Beehive Development Of Wyoming | 2 | $258K | 0.0% (low risk) |
| Insty-Prints | 2 | $460K | 0.0% (low risk) |
| Ford Motor (dealers) | 2 | $783K | 0.0% (low risk) |
| Choice Hotels International In | 2 | $1.7M | 0.0% (low risk) |
| Rax Restaurant | 2 | $260K | 0.0% (low risk) |
Lending volume by year
2'92
3
2
7
9
5'97
3
1
2
2
1'04
2
3
2
6
4'09
2
4
8
9
5'14
1
2
2
3
1'20
1
2
2'23
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%).