SE
SBA 504 certified development company
SBA Enforcement Action - DelVal Business Finance Corporation
- Total loans
- 32
- Loan volume
- $40.0M
- Avg loan size
- $1.2M
- Charge-off rate
- 23.1%
- vs 13.3% national avg
Defaults
6
Franchises funded
23
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Days Inn | 6 | $5.5M | 16.7% (high risk) |
| Comfort Inn | 2 | $2.4M | 50.0% (very high risk) |
| Holiday Inn Express | 2 | $3.5M | 0.0% (low risk) |
| Ramada Inn | 2 | $2.6M | 0.0% (low risk) |
| Best Western Inn | 2 | $4.9M | 0.0% (low risk) |
| Choice Hotels International In | 1 | $1.5M | 100.0% (very high risk) |
| Fastsigns | 1 | $417K | 0.0% (low risk) |
| Microtel Inn & Suites by Wyndh | 1 | $1.0M | 100.0% (very high risk) |
| Mainstay Suites | 1 | $1.4M | 0.0% (low risk) |
| Country Hearth Inn | 1 | $318K | 100.0% (very high risk) |
| Sheraton Inn | 1 | $2.0M | 0.0% (low risk) |
| Super 8 Motel | 1 | $1.3M | 100.0% (very high risk) |
| AAMCO Transmissions | 1 | $310K | N/A |
| Comfort Inn by Choice Hotels/C | 1 | $1.1M | 0.0% (low risk) |
| Checkers Drive-In Restaurant | 1 | $227K | 0.0% (low risk) |
| Red Roof Inn | 1 | $1.6M | 0.0% (low risk) |
| Americas Best Value Inn (f/K/A | 1 | $829K | 0.0% (low risk) |
| Country Inns & Suites | 1 | $2.0M | 0.0% (low risk) |
| Dunkin Donuts/Baskin-Robbins C | 1 | $799K | N/A |
| Wendy's | 1 | $985K | N/A |
Lending volume by year
2'96
2'97
1'00
1'04
5'05
5'06
2'07
3'08
3'09
2'10
4'12
1'15
1'16
Geographic coverage
Portfolio summary
Total funded$40.0M
Defaults6 of 32
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%).