ED
SBA 504 certified development company
Economic Development Corporation
- Total loans
- 7
- Loan volume
- $5.6M
- Avg loan size
- $796K
- Default rate
- 0.0%
- vs 13.3% national avg
Defaults
0
Franchises funded
6
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Dairy Queen | 2 | $743K | 0.0% |
| Midas Muffler Shop | 1 | $89K | 0.0% |
| Iga Food Stores | 1 | $1.9M | 0.0% |
| Polaris - Dealer Agreement | 1 | $1.0M | — |
| Kentucky Fried Chicken | 1 | $371K | — |
| Retail Consultants | 1 | $1.5M | — |
Lending volume by year
1'94
1'98
1'01
1'09
1'10
1'11
1'20
Geographic coverage
Missouri
70.0%
Portfolio summary
Total funded$5.6M
Defaults0 of 7
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%).