PL
SBA 504 certified development company
Preferred Lending Partners
- Total loans
- 59
- Loan volume
- $66.7M
- Avg loan size
- $1.1M
- Charge-off rate
- 12.5%
- vs 13.3% national avg
Defaults
5
Franchises funded
47
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Grease Monkey | 4 | $4.5M | 25.0% (very high risk) |
| Primrose Schools | 4 | $5.0M | 0.0% (low risk) |
| Taco Bell | 2 | $1.6M | N/A |
| Comfort Inn | 2 | $2.0M | 50.0% (very high risk) |
| Ace Hardware | 2 | $1.5M | 50.0% (very high risk) |
| Hampton Inns | 2 | $3.0M | 0.0% (low risk) |
| Super 8 Motel | 2 | $1.9M | 50.0% (very high risk) |
| Primrose Schools | 2 | $3.0M | N/A |
| Woodcraft Franchise Corporatio | 1 | $671K | N/A |
| International House Of Pancake | 1 | $747K | 0.0% (low risk) |
| Hardee's Restaurant | 1 | $438K | 0.0% (low risk) |
| Del Taco | 1 | $440K | 0.0% (low risk) |
| Kwik Kar Oil & Lube | 1 | $549K | 0.0% (low risk) |
| Burger King | 1 | $391K | 0.0% (low risk) |
| Candlewood Suites | 1 | $1.9M | 0.0% (low risk) |
| Holiday Inn Express | 1 | $1.6M | 0.0% (low risk) |
| Goddard Early Learning Center | 1 | $790K | 0.0% (low risk) |
| Dermacare | 1 | $275K | 100.0% (very high risk) |
| Domino's Pizza | 1 | $145K | 0.0% (low risk) |
| Clarion Inn & Suites | 1 | $1.5M | 0.0% (low risk) |
Lending volume by year
1'92
2
1
1
2
2'04
4
7
1
5
1'09
1
1
4
2
1'14
1
4
2
2
2'19
3
3
5
1'23
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%).