MR
SBA 504 certified development company
Meramec Regional Development Corporation
- Total loans
- 13
- Loan volume
- $8.2M
- Avg loan size
- $628K
- Charge-off rate
- 60.0%
- vs 13.3% national avg
Defaults
6
Franchises funded
9
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Kentucky Fried Chicken | 3 | $1.3M | 100.0% (very high risk) |
| Holiday Inn Express | 2 | $1.6M | 0.0% (low risk) |
| Taco Bell | 2 | $1.1M | 100.0% (very high risk) |
| Red Roof Inn | 1 | $1.1M | 100.0% (very high risk) |
| Baymont by Wyndham aka Baymont | 1 | $1.3M | N/A |
| Culver's Frozen Custard | 1 | $863K | N/A |
| Do It Best Hardware | 1 | $204K | 0.0% (low risk) |
| Days Inn | 1 | $618K | 100.0% (very high risk) |
| Servpro | 1 | $147K | 0.0% (low risk) |
Lending volume by year
1'94
1'03
2'07
2'08
1'10
3'11
2'12
1'19
Geographic coverage
Missouri
1360.0% (very high risk)
Portfolio summary
Total funded$8.2M
Defaults6 of 13
Risk tierCRITICAL
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%).