GR
SBA 504 certified development company
GA Resource Capital, Inc.
- Total loans
- 65
- Loan volume
- $80.6M
- Avg loan size
- $1.2M
- Charge-off rate
- 20.4%
- vs 13.3% national avg
Defaults
11
Franchises funded
45
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Temporary Franchises | 7 | $5.0M | 0.0% (low risk) |
| Holiday Inn Express | 3 | $5.1M | 0.0% (low risk) |
| Wendy's | 3 | $3.4M | 0.0% (low risk) |
| Choice Hotels International In | 3 | $4.8M | 0.0% (low risk) |
| Servpro | 2 | $496K | 0.0% (low risk) |
| Marriott Hotel | 2 | $4.0M | 0.0% (low risk) |
| Quality Inn | 2 | $2.1M | 100.0% (very high risk) |
| Dunkin Donuts | 2 | $940K | N/A |
| Comfort Inn | 2 | $2.4M | 50.0% (very high risk) |
| Sunbrook Academy Of Stilesboro | 2 | $1.3M | 0.0% (low risk) |
| Fairfield Inn | 2 | $6.2M | 0.0% (low risk) |
| Hampton Inns | 2 | $4.2M | 0.0% (low risk) |
| Kwik Kar Oil & Lube | 1 | $767K | 100.0% (very high risk) |
| Zaxby's | 1 | $483K | 0.0% (low risk) |
| Ramada Inn | 1 | $1.9M | 0.0% (low risk) |
| Red Roof Inn | 1 | $1.9M | 100.0% (very high risk) |
| Meineke Car Care | 1 | $555K | 100.0% (very high risk) |
| Shell Service Station | 1 | $904K | 100.0% (very high risk) |
| Mellow Mushroom | 1 | $395K | 0.0% (low risk) |
| Bright Star Learning Center | 1 | $1.2M | 100.0% (very high risk) |
Lending volume by year
1'05
2'06
1'07
8'08
5'09
9'10
14'11
22'12
3'13
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%).