JR
SBA 504 certified development company
James River Development Corporation
- Total loans
- 6
- Loan volume
- $5.2M
- Avg loan size
- $868K
- Charge-off rate
- 16.7%
- vs 13.3% national avg
Defaults
1
Franchises funded
6
Risk rating
ELEVATED
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Big Al's Mufflers & Brakes | 1 | $175K | 0.0% (low risk) |
| Best Western Inn | 1 | $1.3M | 0.0% (low risk) |
| Ethan Allen | 1 | $533K | 0.0% (low risk) |
| Days Inn | 1 | $740K | 0.0% (low risk) |
| Holiday Inn | 1 | $1.5M | 100.0% (very high risk) |
| Sleep Inn Motel | 1 | $1.0M | 0.0% (low risk) |
Lending volume by year
3'96
1'97
1'03
1'07
Geographic coverage
Virginia
616.7% (high risk)
Portfolio summary
Total funded$5.2M
Defaults1 of 6
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%).