GE
SBA 504 certified development company
Greater Eastern Oregon Development Corporation
- Total loans
- 13
- Loan volume
- $14.7M
- Avg loan size
- $1.1M
- Charge-off rate
- 18.2%
- vs 13.3% national avg
Defaults
2
Franchises funded
10
Risk rating
ELEVATED
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Comfort Inn | 3 | $2.6M | 66.7% (very high risk) |
| Holiday Inn | 2 | $6.0M | 0.0% (low risk) |
| Red Lion Inn & Suites | 1 | $1.0M | 0.0% (low risk) |
| Subway Sandwich Shop | 1 | $310K | 0.0% (low risk) |
| Travelodge | 1 | $241K | 0.0% (low risk) |
| Microtel | 1 | $829K | 0.0% (low risk) |
| Sears Catalog Store | 1 | $271K | 0.0% (low risk) |
| Holiday Inn Express/Holiday In | 1 | $2.4M | N/A |
| Econo Lodge | 1 | $605K | 0.0% (low risk) |
| True Value Hardware | 1 | $471K | 0.0% (low risk) |
Lending volume by year
1'96
1'99
1'01
1'04
5'07
2'13
1'16
1'17
Geographic coverage
Oregon
1110.0% (elevated risk)
Washington
2100.0% (very high risk)
Portfolio summary
Total funded$14.7M
Defaults2 of 13
Risk tierELEVATED
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%).