JD
SBA 504 certified development company
JEDCO Development Corporation
- Total loans
- 7
- Loan volume
- $5.8M
- Avg loan size
- $835K
- Charge-off rate
- 0.0%
- vs 13.3% national avg
Defaults
0
Franchises funded
7
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Sleep Inn Motel | 1 | $1.0M | 0.0% (low risk) |
| Hallmark Card Shop | 1 | $285K | 0.0% (low risk) |
| Meineke Car Care | 1 | $162K | 0.0% (low risk) |
| NAPA Auto Parts | 1 | $334K | 0.0% (low risk) |
| Holiday Inn Express/Holiday In | 1 | $2.6M | N/A |
| Rotolo's Pizzeria | 1 | $944K | 0.0% (low risk) |
| PJ's Coffee of New Orleans | 1 | $474K | N/A |
Lending volume by year
1'95
2'96
1'09
1'21
1'22
1'24
Geographic coverage
Louisiana
70.0% (low risk)
Portfolio summary
Total funded$5.8M
Defaults0 of 7
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%).