BI
SBA 504 certified development company
Brightbridge, Inc.
- Total loans
- 135
- Loan volume
- $172.4M
- Avg loan size
- $1.3M
- Charge-off rate
- 15.7%
- vs 13.3% national avg
Defaults
14
Franchises funded
79
Risk rating
ELEVATED
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Holiday Inn Express | 12 | $19.8M | 0.0% (low risk) |
| Hampton Inns | 9 | $11.6M | 14.3% (elevated risk) |
| Zaxby's | 8 | $5.7M | 0.0% (low risk) |
| Comfort Inn | 5 | $4.7M | 50.0% (very high risk) |
| Days Inn | 4 | $2.7M | 25.0% (very high risk) |
| Microtel | 4 | $3.2M | 50.0% (very high risk) |
| Quality Inn | 3 | $2.2M | 0.0% (low risk) |
| Mellow Mushroom | 3 | $2.4M | 0.0% (low risk) |
| Sleep Inn Motel | 3 | $2.9M | 33.3% (very high risk) |
| Dairy Queen | 3 | $662K | 33.3% (very high risk) |
| Culver's ButterBurgers & Froze | 3 | $4.4M | N/A |
| Best Western Inn | 2 | $2.4M | 0.0% (low risk) |
| Super 8 Motel | 2 | $905K | 0.0% (low risk) |
| Tru by Hilton | 2 | $6.8M | N/A |
| Comfort Suites | 2 | $4.0M | 0.0% (low risk) |
| Primrose School (daycare) | 2 | $2.4M | 0.0% (low risk) |
| Zaxby's | 2 | $1.6M | 0.0% (low risk) |
| Holiday Inn/Holiday Inn & Suit | 2 | $8.0M | 0.0% (low risk) |
| DQ Grill & Chill Operating Agr | 2 | $1.2M | N/A |
| Quality Inn by Choice Hotels / | 2 | $3.5M | N/A |
Lending volume by year
1'92
2
4
9
2
4'98
2
3
5
5
4'03
3
5
2
2
1'08
6
8
10
9
2'13
3
5
2
3
2'18
2
6
8
6
2'23
3
4'25
Geographic coverage
Tennessee
12914.9% (elevated risk)
Georgia
2100.0% (very high risk)
Kentucky
20.0% (low risk)
Mississippi
1N/A
Virginia
1N/A
Portfolio summary
Total funded$172.4M
Defaults14 of 135
Risk tierELEVATED
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%).