BL
SBA 504 certified development company
Brownsville Local Development
- Total loans
- 18
- Loan volume
- $15.6M
- Avg loan size
- $868K
- Charge-off rate
- 20.0%
- vs 13.3% national avg
Defaults
3
Franchises funded
15
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Dairy Queen | 2 | $338K | 0.0% (low risk) |
| Burger King | 2 | $3.0M | 0.0% (low risk) |
| Red Roof Inn | 2 | $1.5M | 0.0% (low risk) |
| Quality Inn | 1 | $694K | 0.0% (low risk) |
| MAACO Auto Painting Center | 1 | $211K | 0.0% (low risk) |
| Country Hearth Inn | 1 | $478K | 100.0% (very high risk) |
| Holiday Inn | 1 | $999K | 0.0% (low risk) |
| Hawthorne Suites Franchising,i | 1 | $999K | 0.0% (low risk) |
| Denny's Restaurant | 1 | $510K | 0.0% (low risk) |
| Super 8 Motel | 1 | $517K | 0.0% (low risk) |
| Super Wash | 1 | $557K | 100.0% (very high risk) |
| Travelodge | 1 | $1.5M | 100.0% (very high risk) |
| Ameriprise Financial | 1 | $144K | N/A |
| Knights Inn | 1 | $951K | N/A |
| Holiday Inn Express/Holiday In | 1 | $3.2M | N/A |
Lending volume by year
1'93
1'94
1'97
1'98
2'99
2'00
2'06
1'07
1'13
2'14
1'15
2'16
1'24
Geographic coverage
Texas
1721.4% (very high risk)
South Dakota
10.0% (low risk)
Portfolio summary
Total funded$15.6M
Defaults3 of 18
Risk tierCRITICAL
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%).