CC
SBA 504 certified development company
California Coastal Certified Development Corporation
- Total loans
- 6
- Loan volume
- $4.3M
- Avg loan size
- $720K
- Charge-off rate
- 16.7%
- vs 13.3% national avg
Defaults
1
Franchises funded
6
Risk rating
ELEVATED
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Travelodge | 1 | $902K | 100.0% (very high risk) |
| Super 8 Motel | 1 | $611K | 0.0% (low risk) |
| Union 76 Oil | 1 | $231K | 0.0% (low risk) |
| Ramada Inn | 1 | $1.3M | 0.0% (low risk) |
| Re/Max Realty | 1 | $1.0M | 0.0% (low risk) |
| Chevron (gas Station) | 1 | $252K | 0.0% (low risk) |
Lending volume by year
1'02
1'03
3'05
1'15
Geographic coverage
California
616.7% (high risk)
Portfolio summary
Total funded$4.3M
Defaults1 of 6
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%).