SC
SBA 504 certified development company
South Central Kansas Economic
- Total loans
- 37
- Loan volume
- $23.1M
- Avg loan size
- $624K
- Default rate
- 10.0%
- vs 13.3% national avg
Defaults
3
Franchises funded
26
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Super 8 Motel | 4 | $2.7M | 0.0% |
| Taco John's | 3 | $1.0M | 0.0% |
| Best Western Inn | 3 | $2.6M | 0.0% |
| Golden Corral (restaurant) | 2 | $1.3M | 0.0% |
| Dairy Queen | 2 | $566K | 0.0% |
| Subway Sandwich Shop | 2 | $190K | 0.0% |
| Temporary Franchises | 2 | $568K | 0.0% |
| Coors Distributing | 1 | $373K | 0.0% |
| Howard Johnson | 1 | $541K | 100.0% |
| Budget Inn | 1 | $239K | 0.0% |
| Koa Kampgrounds(kampgrounds Of | 1 | $198K | 0.0% |
| Iga Food Stores | 1 | $737K | 0.0% |
| Days Inn | 1 | $1.7M | 100.0% |
| Holiday | 1 | $1.2M | 0.0% |
| Econo Lodge Motel | 1 | $354K | 100.0% |
| Exchaust Pro | 1 | $135K | 0.0% |
| Comfort Inn | 1 | $875K | 0.0% |
| Conoco Service Station | 1 | $303K | 0.0% |
| Napa AutoCare Program Membersh | 1 | $309K | — |
| The UPS Store (f/k/a Mail Box | 1 | $670K | — |
Lending volume by year
1'93
2'96
1'97
3'98
2'99
2'00
3'02
3'04
2'06
2'07
5'08
2'09
4'10
1'17
2'22
1'23
1'24
Geographic coverage
Kansas
3710.0%
Portfolio summary
Total funded$23.1M
Defaults3 of 37
Risk tierAVERAGE
Source: SBA 504 FOIA loan-level data, aggregated by FranchiseVerdict
Default 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%), Critical (>20%).