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FranchiseVerdict

SBA 504 certified development company

Community Certified Development Corporation

AVERAGE risk
Total loans
69
Loan volume
$105.3M
Avg loan size
$1.5M
Charge-off rate
12.5%
vs 13.3% national avg

Defaults

4

Franchises funded

54

Risk rating

AVERAGE

Top franchise exposures

FranchiseLoansVolumeDefault %
Anytime Fitness4$1.7MN/A
Candlewood Suites3$7.0M0.0% (low risk)
La Quinta Inn3$6.0M0.0% (low risk)
Zaxby's3$3.2M0.0% (low risk)
Kiddie Academy3$6.4MN/A
Holiday Inn3$6.2MN/A
Econo Lodge Motel2$1.8M100.0% (very high risk)
Super 8 Motel2$1.4M0.0% (low risk)
Travelodge1$614K0.0% (low risk)
Holiday Inn Express1$1.5M0.0% (low risk)
Sleep Inn Motel1$945K0.0% (low risk)
Baymont Inns & Suites1$1.3M0.0% (low risk)
Candlewood Suites1$999K0.0% (low risk)
Red Roof Inn1$1.5M100.0% (very high risk)
Kettle Restaurant1$59K0.0% (low risk)
Walk-On's Bistreaux & Bar1$1.4MN/A
Fairfield by Marriott/Fairfiel1$3.4MN/A
Sleep Inn by Choice Hotels/Sle1$1.8M100.0% (very high risk)
Residence Inn by Marriott1$3.3MN/A
Batteries Plus1$301KN/A

Geographic coverage

Texas
5415.4% (high risk)
Louisiana
150.0% (low risk)

Portfolio summary

Total funded$105.3M
Defaults4 of 69
Risk tierAVERAGE

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%).