RE
SBA 504 certified development company
Rural Enterprises of Oklahoma, Inc.
- Total loans
- 111
- Loan volume
- $103.1M
- Avg loan size
- $929K
- Charge-off rate
- 15.6%
- vs 13.3% national avg
Defaults
12
Franchises funded
59
Risk rating
ELEVATED
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Best Western Inn | 8 | $8.1M | 14.3% (elevated risk) |
| Taco Mayo | 7 | $1.1M | 14.3% (elevated risk) |
| Days Inn | 6 | $4.7M | 33.3% (very high risk) |
| Primrose Schools | 6 | $15.3M | N/A |
| Microtel | 5 | $4.6M | 20.0% (very high risk) |
| Subway Sandwich Shop | 4 | $765K | 0.0% (low risk) |
| Super 8 Motel | 4 | $1.9M | 0.0% (low risk) |
| Comfort Inn | 3 | $3.9M | 0.0% (low risk) |
| Hampton Inns | 3 | $5.1M | 33.3% (very high risk) |
| Ziggi's Coffee | 3 | $1.5M | 0.0% (low risk) |
| Chicken Express | 3 | $2.4M | N/A |
| Chicken Express | 2 | $950K | 0.0% (low risk) |
| Quality Inn | 2 | $1.8M | 50.0% (very high risk) |
| Holiday Inn Express | 2 | $2.6M | 50.0% (very high risk) |
| Mazzio's Pizza | 2 | $701K | 0.0% (low risk) |
| Charlies Chicken | 2 | $782K | 50.0% (very high risk) |
| Honda (dealers) | 2 | $629K | 0.0% (low risk) |
| Holiday Inn | 2 | $2.3M | 0.0% (low risk) |
| Temporary Franchises | 2 | $676K | 0.0% (low risk) |
| Home2 Suites by Hilton | 2 | $7.0M | N/A |
Lending volume by year
1'93
2
7
9
5
5'98
2
2
1
1
1'03
2
3
7
6
4'08
5
3
4
3
2'14
3
1
5
2
5'21
6
5
2
6
1'26
Geographic coverage
Oklahoma
11115.6% (high risk)
Portfolio summary
Total funded$103.1M
Defaults12 of 111
Risk tierELEVATED
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%).