GS
SBA 504 certified development company
Greater Syracuse Business Development Corporation
- Total loans
- 15
- Loan volume
- $9.6M
- Avg loan size
- $638K
- Charge-off rate
- 0.0%
- vs 13.3% national avg
Defaults
0
Franchises funded
14
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Super 8 by Wyndhan | 2 | $1.4M | N/A |
| Bike Line | 1 | $1.1M | 0.0% (low risk) |
| Fleet Feet | 1 | $565K | N/A |
| Econo Lodge Motel | 1 | $330K | N/A |
| MAACO Auto Painting Center | 1 | $153K | 0.0% (low risk) |
| Comfort Inn | 1 | $1.5M | 0.0% (low risk) |
| Days Inn | 1 | $904K | 0.0% (low risk) |
| Ford Motor Company Dealer Sale | 1 | $512K | N/A |
| NAPA Auto Parts | 1 | $180K | 0.0% (low risk) |
| Vision Source | 1 | $619K | N/A |
| Servpro | 1 | $383K | 0.0% (low risk) |
| Better Homes and Gardens Real | 1 | $126K | N/A |
| Temporary Franchises | 1 | $998K | 0.0% (low risk) |
| Qdoba Restaurant Corporation | 1 | $847K | N/A |
Lending volume by year
1'97
1'00
1'03
1'06
1'07
1'08
1'10
1'12
1'13
2'21
1'22
1'23
2'25
Geographic coverage
New York
150.0% (low risk)
Portfolio summary
Total funded$9.6M
Defaults0 of 15
Risk tierEXCELLENT
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%).