DB
SBA 504 certified development company
Dakota Business Lending
- Total loans
- 115
- Loan volume
- $74.5M
- Avg loan size
- $648K
- Charge-off rate
- 8.1%
- vs 13.3% national avg
Defaults
6
Franchises funded
81
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Super 8 Motel | 7 | $3.8M | 14.3% (elevated risk) |
| Dairy Queen | 7 | $1.7M | 16.7% (high risk) |
| Temporary Franchises | 5 | $2.6M | 0.0% (low risk) |
| Schlotzsky's Sandwich Shop | 2 | $980K | 0.0% (low risk) |
| Wendy's | 2 | $750K | 0.0% (low risk) |
| Hardware Hank | 2 | $326K | 0.0% (low risk) |
| Holiday Inn Express | 2 | $3.2M | 0.0% (low risk) |
| A & W Restaurant | 2 | $793K | 0.0% (low risk) |
| Amoco (gas Station) | 2 | $902K | 0.0% (low risk) |
| Papa John's Pizza | 2 | $314K | 0.0% (low risk) |
| Econo Lodge Motel | 2 | $1.8M | 0.0% (low risk) |
| Americinn | 2 | $1.8M | 0.0% (low risk) |
| DQ Grill & Chill Operating Agr | 2 | $2.3M | N/A |
| Big O Tires | 2 | $1.2M | N/A |
| Pizza Ranch | 2 | $1.2M | 0.0% (low risk) |
| Vision Source | 2 | $1.3M | N/A |
| Dairy Queen Grill & Chill/Texa | 2 | $1.3M | N/A |
| Dairy Queen Montana / North Da | 2 | $1.1M | N/A |
| Home Instead/Home Instead Seni | 2 | $233K | N/A |
| Budget Blinds | 2 | $195K | N/A |
Lending volume by year
1'92
2
2
10
2
4'98
3
3
2
4
2'03
3
1
6
2
3'08
4
5
7
5
4'13
4
1
1
3
1'19
7
5
9
4
3'24
2'25
Geographic coverage
Portfolio summary
Total funded$74.5M
Defaults6 of 115
Risk tierGOOD
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%).