PA
SBA 504 certified development company
Purchase Area Development District
- Total loans
- 6
- Loan volume
- $4.3M
- Avg loan size
- $718K
- Charge-off rate
- 20.0%
- vs 13.3% national avg
Defaults
1
Franchises funded
5
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Taco Bell | 2 | $1.2M | 0.0% (low risk) |
| Dairy Queen | 1 | $162K | 0.0% (low risk) |
| Country Hearth Inn | 1 | $484K | 100.0% (very high risk) |
| Comfort Inn | 1 | $1.5M | N/A |
| Zaxby's | 1 | $1.0M | 0.0% (low risk) |
Lending volume by year
1'02
1'04
1'10
1'14
2'16
Geographic coverage
Kentucky
620.0% (very high risk)
Portfolio summary
Total funded$4.3M
Defaults1 of 6
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%).