SD
SBA 504 certified development company
SBA Denver Finance Center
- Total loans
- 57
- Loan volume
- $43.2M
- Avg loan size
- $758K
- Charge-off rate
- 24.5%
- vs 13.3% national avg
Defaults
12
Franchises funded
32
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Culver's Frozen Custard | 6 | $4.9M | 0.0% (low risk) |
| Temporary Franchises | 5 | $2.4M | 0.0% (low risk) |
| Sunoco Service Station | 4 | $3.8M | 0.0% (low risk) |
| Ace Hardware | 3 | $2.9M | 0.0% (low risk) |
| Choice Hotels International In | 3 | $3.7M | 66.7% (very high risk) |
| Holiday Inn Express | 3 | $3.0M | 0.0% (low risk) |
| Super 8 Motel | 3 | $2.1M | 100.0% (very high risk) |
| Realty World | 2 | $991K | 100.0% (very high risk) |
| Comfort Inn | 2 | $2.0M | 50.0% (very high risk) |
| International House Of Pancake | 2 | $1.8M | N/A |
| Subway Sandwich Shop | 2 | $604K | 0.0% (low risk) |
| Image First | 2 | $570K | 0.0% (low risk) |
| Bp Express | 1 | $291K | 100.0% (very high risk) |
| Quality Inn | 1 | $935K | 100.0% (very high risk) |
| Microtel | 1 | $1.4M | 100.0% (very high risk) |
| Der Wienerschnitzel | 1 | $408K | 0.0% (low risk) |
| Ya Ya's Flamebroiled Chicken | 1 | $214K | 0.0% (low risk) |
| A & W Restaurant | 1 | $1.1M | 100.0% (very high risk) |
| Texaco Service Station | 1 | $369K | 100.0% (very high risk) |
| Servicemaster | 1 | $69K | 0.0% (low risk) |
Lending volume by year
2'95
2'96
2'97
1'99
2'01
2'02
2'03
2'04
9'05
5'06
2'07
2'08
5'09
4'10
6'11
7'12
2'13
Geographic coverage
Michigan
4524.3% (very high risk)
California
1225.0% (very high risk)
Portfolio summary
Total funded$43.2M
Defaults12 of 57
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%).