FranchiseVerdict

SBA 504 certified development company

Clay/Platte Development Corporation

AVERAGE risk
Total loans
19
Loan volume
$12.2M
Avg loan size
$642K
Default rate
14.3%
vs 13.3% national avg

Defaults

2

Franchises funded

19

Risk rating

AVERAGE

Top franchise exposures

FranchiseLoansVolumeDefault %
Creative Care For Children1$1.1M
Carstar Automotive1$556K0.0%
Sonic1$234K0.0%
Reality Executive Internationa1$414K0.0%
Hallmark Card Shop1$289K100.0%
Farmers Insurance1$96K0.0%
Dairy Queen Grill & Chill/Texa1$290K
Vision Source1$342K
America's Best Value Inn1$848K100.0%
DQ Grill & Chill Operating Agr1$1.2M
Comfort Inn1$865K0.0%
Quality Inn1$465K0.0%
Super 81$774K0.0%
Best Western Inn1$937K0.0%
Conoco Service Station1$220K0.0%
Weichert Realtors1$248K0.0%
Dairy Queen/Limited Brazier Op1$811K0.0%
Microtel Inn & Suites by Wyndh1$2.1M
Super 8 Motel1$455K0.0%

Lending volume by year

1
'95
1
'96
3
'07
3
'10
2
'11
3
'13
1
'15
2
'16
1
'17
1
'19
1
'22

Geographic coverage

Missouri
1914.3%

Portfolio summary

Total funded$12.2M
Defaults2 of 19
Risk tierAVERAGE

Source: SBA 504 FOIA loan-level data, aggregated by FranchiseVerdict

Default 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%), Critical (>20%).