SL
SBA 504 certified development company
SEDA-COG Local Development Corporation
- Total loans
- 38
- Loan volume
- $41.1M
- Avg loan size
- $1.1M
- Charge-off rate
- 7.4%
- vs 13.3% national avg
Defaults
2
Franchises funded
35
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Burger King | 2 | $496K | 0.0% (low risk) |
| Ramada Inn | 2 | $2.3M | 50.0% (very high risk) |
| Choice Hotels International In | 2 | $3.2M | 0.0% (low risk) |
| Americas Best Value Inn (f/K/A | 1 | $599K | 0.0% (low risk) |
| Howard Johnson | 1 | $722K | 100.0% (very high risk) |
| Goddard Early Learning Center | 1 | $559K | 0.0% (low risk) |
| Servicemaster | 1 | $209K | 0.0% (low risk) |
| Ford Motor (dealers) | 1 | $578K | 0.0% (low risk) |
| Hardee's Restaurant | 1 | $383K | N/A |
| Taylor Rental Center | 1 | $244K | 0.0% (low risk) |
| AAMCO Transmissions | 1 | $339K | 0.0% (low risk) |
| Purofirst | 1 | $220K | 0.0% (low risk) |
| Hampton Inns | 1 | $2.0M | 0.0% (low risk) |
| Dunkin Donuts | 1 | $455K | N/A |
| Dairy Queen | 1 | $820K | 0.0% (low risk) |
| Super 8 Motel | 1 | $1.3M | 0.0% (low risk) |
| Meineke Car Care | 1 | $328K | 0.0% (low risk) |
| Hilton Inns | 1 | $1.9M | N/A |
| Candlewood Suites | 1 | $2.0M | 0.0% (low risk) |
| Sunoco Service Station | 1 | $867K | N/A |
Lending volume by year
1'93
1'98
1'02
3'03
4'04
1'05
1'06
4'07
2'08
1'09
5'10
3'11
1'12
3'13
2'14
1'15
1'17
1'18
1'20
1'24
Geographic coverage
Pennsylvania
387.4% (moderate risk)
Portfolio summary
Total funded$41.1M
Defaults2 of 38
Risk tierGOOD
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%).