LB
SBA 504 certified development company
Louisiana Business Loans, Inc.
- Total loans
- 30
- Loan volume
- $27.1M
- Avg loan size
- $902K
- Charge-off rate
- 8.7%
- vs 13.3% national avg
Defaults
2
Franchises funded
24
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Days Inn | 3 | $1.7M | 33.3% (very high risk) |
| Ramada Inn | 2 | $1.1M | 0.0% (low risk) |
| Hampton Inns | 2 | $2.7M | 0.0% (low risk) |
| Newk's Express Cafe Restaurant | 2 | $2.2M | 0.0% (low risk) |
| Temporary Franchises | 2 | $867K | 0.0% (low risk) |
| National Video | 1 | $405K | 0.0% (low risk) |
| Conoco Service Station | 1 | $286K | 0.0% (low risk) |
| Pizza Inn | 1 | $408K | 0.0% (low risk) |
| Studio 6 | 1 | $1.2M | 0.0% (low risk) |
| Guesthouse Inn | 1 | $330K | 0.0% (low risk) |
| Choice Hotels International In | 1 | $1.8M | 0.0% (low risk) |
| Yamaha Sales Center | 1 | $230K | 0.0% (low risk) |
| Exxon | 1 | $223K | N/A |
| Sleep Inn Motel | 1 | $1.1M | 0.0% (low risk) |
| Wingate Inns | 1 | $1.1M | 0.0% (low risk) |
| Flowerama | 1 | $143K | 0.0% (low risk) |
| Best Western Inn | 1 | $1.9M | 100.0% (very high risk) |
| Chicken Express | 1 | $562K | 0.0% (low risk) |
| Chuck E. Cheese (show Biz Pizz | 1 | $1.0M | N/A |
| Country Inns & Suites By Carls | 1 | $2.1M | N/A |
Lending volume by year
1'92
1'93
1'94
3'95
1'96
3'98
1'02
1'04
3'07
3'09
2'10
2'12
1'13
1'14
1'15
1'16
1'17
2'19
1'22
Geographic coverage
Louisiana
308.7% (moderate risk)
Portfolio summary
Total funded$27.1M
Defaults2 of 30
Risk tierGOOD
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%).