MD
SBA 504 certified development company
Mo-Kan Development, Inc.
- Total loans
- 25
- Loan volume
- $16.5M
- Avg loan size
- $659K
- Charge-off rate
- 9.5%
- vs 13.3% national avg
Defaults
2
Franchises funded
17
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Super 8 Motel | 4 | $2.1M | 0.0% (low risk) |
| Ramada Inn | 2 | $2.2M | 50.0% (very high risk) |
| Temporary Franchises | 2 | $613K | 0.0% (low risk) |
| Kentucky Fried Chicken | 2 | $888K | 0.0% (low risk) |
| Domino's Pizza | 2 | $112K | N/A |
| Dunkin Donuts | 2 | $515K | 0.0% (low risk) |
| Burger King | 1 | $340K | 0.0% (low risk) |
| Days Inn | 1 | $578K | 0.0% (low risk) |
| Econo Lodge Motel | 1 | $300K | N/A |
| Americinn | 1 | $753K | 0.0% (low risk) |
| Piggly Wiggly | 1 | $718K | 0.0% (low risk) |
| Country Kitchen | 1 | $495K | 0.0% (low risk) |
| Comfort Inn | 1 | $1.5M | 0.0% (low risk) |
| Holiday Inn | 1 | $2.1M | 100.0% (very high risk) |
| General Motors, LLC (Chevrolet | 1 | $2.2M | N/A |
| Pizza Ranch | 1 | $793K | 0.0% (low risk) |
| Do it Best – Membership Agreem | 1 | $273K | 0.0% (low risk) |
Lending volume by year
2'95
1'97
2'99
1'00
1'03
1'06
3'07
3'08
2'09
1'10
1'12
1'13
2'15
2'17
1'18
1'22
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%).