LC
SBA 504 certified development company
Louisiana Capital Certified Development Company, Inc.
- Total loans
- 67
- Loan volume
- $43.7M
- Avg loan size
- $652K
- Charge-off rate
- 15.8%
- vs 13.3% national avg
Defaults
9
Franchises funded
47
Risk rating
ELEVATED
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Sonic | 7 | $1.0M | 0.0% (low risk) |
| Microtel | 3 | $3.8M | 66.7% (very high risk) |
| Dairy Queen | 3 | $542K | 66.7% (very high risk) |
| Best Western Inn | 3 | $4.1M | 0.0% (low risk) |
| Comfort Inn | 2 | $2.2M | 0.0% (low risk) |
| Exxon | 2 | $917K | 0.0% (low risk) |
| Quality Inn | 2 | $3.3M | 50.0% (very high risk) |
| Days Inn | 2 | $1.8M | 0.0% (low risk) |
| Taco Bell | 2 | $467K | 0.0% (low risk) |
| Temporary Franchises | 2 | $3.5M | 0.0% (low risk) |
| Carl's Jr | 2 | $1.2M | 0.0% (low risk) |
| Candlewood Suites | 2 | $3.7M | 0.0% (low risk) |
| Meineke Car Care | 1 | $170K | 0.0% (low risk) |
| Taco Mayo | 1 | $103K | N/A |
| Ramada Inn | 1 | $750K | 100.0% (very high risk) |
| Super 8 Motel | 1 | $1.5M | 100.0% (very high risk) |
| Blue Haven Pools & Spas | 1 | $139K | 0.0% (low risk) |
| Wonders Of Wisdom Children's C | 1 | $91K | 0.0% (low risk) |
| Copeland's Of New Orleans | 1 | $742K | 0.0% (low risk) |
| Outback Steakhouse Restaurant | 1 | $426K | 0.0% (low risk) |
Lending volume by year
2'92
2
5
4
10
4'97
2
2
2
6
1'06
1
2
4
5
2'11
2
1
1
1
2'16
1
1
1
1
1'22
1'24
Geographic coverage
Louisiana
6715.8% (high risk)
Portfolio summary
Total funded$43.7M
Defaults9 of 67
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%).