PC
SBA 504 certified development company
Pioneer Country Development, Inc.
- Total loans
- 16
- Loan volume
- $9.2M
- Avg loan size
- $574K
- Charge-off rate
- 13.3%
- vs 13.3% national avg
Defaults
2
Franchises funded
14
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| International House Of Pancake | 2 | $1.8M | 0.0% (low risk) |
| Dunkin' Donuts | 2 | $519K | 0.0% (low risk) |
| Howard Johnson | 1 | $893K | 100.0% (very high risk) |
| True Value Hardware | 1 | $53K | 0.0% (low risk) |
| Village Inn Pancake House | 1 | $967K | 0.0% (low risk) |
| Orion Food Systems | 1 | $388K | 0.0% (low risk) |
| Holiday Inn Express | 1 | $1.7M | 0.0% (low risk) |
| Long John Silver's | 1 | $239K | 0.0% (low risk) |
| Best Western Inn | 1 | $820K | 0.0% (low risk) |
| Dairy Queen | 1 | $400K | 100.0% (very high risk) |
| Rodeway Inn | 1 | $558K | N/A |
| Pie Five | 1 | $283K | 0.0% (low risk) |
| Papa Murphy's Take & Bake Pizz | 1 | $73K | 0.0% (low risk) |
| Days Inn by Wyndham | 1 | $481K | 0.0% (low risk) |
Lending volume by year
1'92
2'93
1'00
1'04
1'05
1'06
1'09
2'12
1'13
3'14
1'18
1'19
Geographic coverage
Kansas
1613.3% (elevated risk)
Portfolio summary
Total funded$9.2M
Defaults2 of 16
Risk tierAVERAGE
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%).