P
SBA 504 certified development company
PeopleFund
- Total loans
- 29
- Loan volume
- $46.3M
- Avg loan size
- $1.6M
- Charge-off rate
- 28.6%
- vs 13.3% national avg
Defaults
4
Franchises funded
28
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Holiday Inn Express/Holiday In | 2 | $4.7M | 0.0% (low risk) |
| Hilton Inns | 1 | $1.1M | 0.0% (low risk) |
| Steak N Shake | 1 | $568K | 100.0% (very high risk) |
| Days Inn | 1 | $364K | 0.0% (low risk) |
| Holiday Inn Express | 1 | $1.2M | 100.0% (very high risk) |
| La Quinta Inn | 1 | $1.5M | 100.0% (very high risk) |
| Baymont Inns & Suites | 1 | $1.1M | 0.0% (low risk) |
| Church's Fried Chicken | 1 | $873K | 0.0% (low risk) |
| Choice Hotels International In | 1 | $684K | 0.0% (low risk) |
| Super 8 Motel | 1 | $1.3M | 0.0% (low risk) |
| Studio 6 | 1 | $801K | N/A |
| Chicken Express | 1 | $811K | 0.0% (low risk) |
| Children's Lighthouse Early Le | 1 | $1.3M | N/A |
| Wingate by Wyndham | 1 | $2.6M | 0.0% (low risk) |
| The Toasted Yolk Cafe | 1 | $1.4M | N/A |
| Marriott/JW Marriott | 1 | $3.8M | N/A |
| Red Roof Inn | 1 | $1.0M | 0.0% (low risk) |
| Honest1 Auto Care (aka Honest | 1 | $788K | N/A |
| Comfort/ Comfort Inn & Suites/ | 1 | $1.9M | 100.0% (very high risk) |
| H.J. Garrison Oil Company, Inc | 1 | $2.6M | N/A |
Lending volume by year
1'06
3'07
4'08
1'09
1'10
2'14
2'15
4'17
3'19
1'20
3'21
2'23
1'24
1'25
Geographic coverage
Texas
2928.6% (very high risk)
Portfolio summary
Total funded$46.3M
Defaults4 of 29
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%).