FranchiseVerdict

SBA 504 certified development company

Eastern Idaho Development Corporation

GOOD risk
Total loans
38
Loan volume
$22.9M
Avg loan size
$603K
Default rate
7.4%
vs 13.3% national avg

Defaults

2

Franchises funded

30

Risk rating

GOOD

Top franchise exposures

FranchiseLoansVolumeDefault %
Arctic Circle4$1.4M0.0%
A & W Restaurant3$2.1M33.3%
Taco Maker2$641K0.0%
Super 8 Motel2$2.0M0.0%
Arctic Circle2$440K
Blimpie1$534K0.0%
Winger's1$1.0M0.0%
Jimmy John's1$115K0.0%
Koa Kampgrounds(kampgrounds Of1$172K
Ace Hardware1$860K0.0%
World Gym & Fitness Center1$630K0.0%
Chevron (gas Station)1$331K0.0%
Ben Franklin Store1$331K0.0%
Days Inn1$264K100.0%
Perkins Restaurants1$546K0.0%
Budget Host Super 7 Motel1$410K0.0%
Hardee's Restaurant1$315K0.0%
Subway Sandwich Shop1$94K0.0%
Domino's Pizza1$111K0.0%
Red Lion Hotels1$2.7M

Lending volume by year

1
'92
1
'93
3
'94
2
'95
1
'97
1
'01
3
'03
3
'04
1
'05
4
'08
2
'09
2
'10
3
'12
1
'13
1
'15
5
'17
1
'18
1
'19
1
'25
1
'26

Geographic coverage

Idaho
357.7%
Oregon
1
Utah
10.0%

Portfolio summary

Total funded$22.9M
Defaults2 of 38
Risk tierGOOD

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%).