ED
SBA 504 certified development company
Enterprise Development Corporation
- Total loans
- 41
- Loan volume
- $32.0M
- Avg loan size
- $781K
- Charge-off rate
- 20.6%
- vs 13.3% national avg
Defaults
7
Franchises funded
30
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Temporary Franchises | 5 | $2.6M | 0.0% (low risk) |
| Conoco Service Station | 2 | $852K | 100.0% (very high risk) |
| Holiday Inn Express | 2 | $2.4M | 0.0% (low risk) |
| Kentucky Fried Chicken | 2 | $661K | 50.0% (very high risk) |
| Sylvan Learning Center | 2 | $383K | 100.0% (very high risk) |
| Days Inn | 2 | $1.2M | 0.0% (low risk) |
| Primrose Schools | 2 | $4.8M | N/A |
| Best Western Inn | 2 | $1.5M | 0.0% (low risk) |
| Dairy Queen | 1 | $184K | 0.0% (low risk) |
| Meineke Car Care | 1 | $218K | 0.0% (low risk) |
| Ramada Inn | 1 | $610K | 0.0% (low risk) |
| Howard Johnson | 1 | $367K | 0.0% (low risk) |
| Anytime Fitness | 1 | $258K | 0.0% (low risk) |
| Country Hearth Inn | 1 | $602K | 100.0% (very high risk) |
| Team Tires Plus | 1 | $223K | 0.0% (low risk) |
| Econo Lodge Motel | 1 | $676K | 0.0% (low risk) |
| Amerihost Inn | 1 | $373K | 0.0% (low risk) |
| Captain D's | 1 | $260K | 100.0% (very high risk) |
| Harley Davidson | 1 | $814K | 0.0% (low risk) |
| Dunkin' Donuts | 1 | $362K | 0.0% (low risk) |
Lending volume by year
1'92
3'96
2'01
1'02
1'03
3'04
4'05
3'08
2'09
4'10
2'11
3'12
3'13
1'14
2'15
2'17
2'18
1'20
1'23
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%).