CS
SBA 504 certified development company
Citywide Small Business Development Corporation
- Total loans
- 29
- Loan volume
- $15.3M
- Avg loan size
- $527K
- Charge-off rate
- 15.4%
- vs 13.3% national avg
Defaults
4
Franchises funded
25
Risk rating
ELEVATED
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Days Inn | 2 | $1.1M | 0.0% (low risk) |
| Holiday Inn Express | 2 | $2.2M | 0.0% (low risk) |
| Culver's Frozen Custard | 2 | $1.3M | 0.0% (low risk) |
| Holiday Inn | 2 | $2.0M | 100.0% (very high risk) |
| Long John Silver's | 1 | $295K | 0.0% (low risk) |
| Kentucky Fried Chicken | 1 | $326K | 0.0% (low risk) |
| Moto Photo | 1 | $80K | 0.0% (low risk) |
| Kenny Rogers Roasters | 1 | $439K | 0.0% (low risk) |
| Amerihost Inn | 1 | $650K | 100.0% (very high risk) |
| Skyline Chili | 1 | $415K | 0.0% (low risk) |
| Wendy's | 1 | $268K | 0.0% (low risk) |
| Temporary Franchises | 1 | $180K | N/A |
| Super 8 Motel | 1 | $650K | 0.0% (low risk) |
| Gold Star Chili, Inc. | 1 | $116K | 0.0% (low risk) |
| Ucc Total Home | 1 | $383K | 100.0% (very high risk) |
| Dairy Queen | 1 | $134K | 0.0% (low risk) |
| Ramada Inn | 1 | $716K | 0.0% (low risk) |
| Domino's Pizza | 1 | $93K | 0.0% (low risk) |
| Blimpie | 1 | $100K | 0.0% (low risk) |
| Ace Hardware | 1 | $397K | 0.0% (low risk) |
Lending volume by year
2'92
4'95
1'97
1'98
1'99
1'01
2'02
3'03
2'04
2'05
1'06
2'07
1'08
1'09
3'10
1'15
1'22
Geographic coverage
Ohio
2915.4% (high risk)
Portfolio summary
Total funded$15.3M
Defaults4 of 29
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%).