GC
SBA 504 certified development company
Georgia Certified Development
- Total loans
- 135
- Loan volume
- $180.6M
- Avg loan size
- $1.3M
- Charge-off rate
- 45.5%
- vs 13.3% national avg
Defaults
45
Franchises funded
76
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Choice Hotels International In | 15 | $17.8M | 73.3% (very high risk) |
| Microtel | 7 | $5.5M | 57.1% (very high risk) |
| Holiday Inn Express | 6 | $8.5M | 66.7% (very high risk) |
| Super 8 Motel | 4 | $3.9M | 50.0% (very high risk) |
| Hampton Inns | 4 | $4.8M | 0.0% (low risk) |
| Days Inn | 4 | $3.2M | 25.0% (very high risk) |
| Country Inns & Suites | 4 | $6.3M | 100.0% (very high risk) |
| Best Western Inn | 3 | $2.8M | 33.3% (very high risk) |
| Legacy Academy | 3 | $3.0M | 66.7% (very high risk) |
| Sleep Inn Motel | 3 | $3.4M | 66.7% (very high risk) |
| Primrose Schools | 3 | $3.9M | N/A |
| Sonny's BBQ | 3 | $3.6M | N/A |
| La Quinta Inn | 2 | $3.1M | 50.0% (very high risk) |
| Holiday Inn | 2 | $2.2M | 50.0% (very high risk) |
| Subway Sandwich Shop | 2 | $901K | 100.0% (very high risk) |
| Zaxby's | 2 | $1.5M | 0.0% (low risk) |
| Wingate Inns | 2 | $2.0M | 0.0% (low risk) |
| Red Roof Inn | 2 | $2.5M | 50.0% (very high risk) |
| Holiday Inn Express/Holiday In | 2 | $4.3M | 0.0% (low risk) |
| Zaxby's | 2 | $2.3M | N/A |
Lending volume by year
1'96
1
2
4
1
3'01
2
4
10
12
12'06
13
16
4
1
2'11
1
3
2
3
3'16
4
1
4
1
6'21
10
3
5
1'26
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%).