CB
SBA 504 certified development company
Chesapeake Business Finance Corporation
- Total loans
- 44
- Loan volume
- $65.5M
- Avg loan size
- $1.5M
- Charge-off rate
- 11.1%
- vs 13.3% national avg
Defaults
3
Franchises funded
29
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| International House Of Pancake | 7 | $3.1M | 0.0% (low risk) |
| Goddard Early Learning Center | 3 | $4.3M | 0.0% (low risk) |
| Country Inns & Suites | 3 | $6.7M | 33.3% (very high risk) |
| Holiday Inn Express/Holiday In | 3 | $8.8M | 0.0% (low risk) |
| Bruster's | 2 | $574K | 50.0% (very high risk) |
| Quality Inn | 2 | $1.6M | 0.0% (low risk) |
| Hampton Inns | 2 | $4.7M | 0.0% (low risk) |
| Marriott Hotel | 1 | $1.3M | 0.0% (low risk) |
| Americas Best Value Inn (f/K/A | 1 | $1.3M | 0.0% (low risk) |
| Ramada Inn | 1 | $2.0M | 0.0% (low risk) |
| Country Kitchen | 1 | $825K | 100.0% (very high risk) |
| The Goddard School | 1 | $2.8M | 0.0% (low risk) |
| Wingate by Wyndham | 1 | $1.3M | N/A |
| Holiday Inn | 1 | $1.6M | N/A |
| Holiday Inn/Holiday Inn & Suit | 1 | $2.2M | N/A |
| Crown Trophy | 1 | $290K | N/A |
| Temporary Franchises | 1 | $729K | 0.0% (low risk) |
| Sonic | 1 | $810K | 0.0% (low risk) |
| Hilton Inns | 1 | $2.7M | 0.0% (low risk) |
| Hyatt Place | 1 | $5.5M | N/A |
Lending volume by year
1'00
1'03
3'04
4'05
3'06
1'07
1'08
3'10
6'11
5'12
5'13
2'16
4'17
1'18
1'19
1'23
1'24
1'25
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%).