EM
SBA 504 certified development company
Eastern Maine Development Corporation
- Total loans
- 6
- Loan volume
- $3.6M
- Avg loan size
- $603K
- Default rate
- 0.0%
- vs 13.3% national avg
Defaults
0
Franchises funded
6
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Days Inn | 1 | $620K | 0.0% |
| Comfort Inn | 1 | $389K | 0.0% |
| Holiday Inn | 1 | $1.0M | 0.0% |
| NAPA Auto Parts | 1 | $164K | 0.0% |
| Dunkin' Donuts | 1 | $213K | 0.0% |
| Best Western Inn | 1 | $1.2M | 0.0% |
Lending volume by year
1'92
1'95
1'96
1'13
1'15
1'17
Geographic coverage
Maine
60.0%
Portfolio summary
Total funded$3.6M
Defaults0 of 6
Risk tierEXCELLENT
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%).