FranchiseVerdict

SBA 504 certified development company

South Eastern Economic Development Company of Pennsylvania

GOOD risk
Total loans
88
Loan volume
$88.0M
Avg loan size
$1000K
Default rate
8.9%
vs 13.3% national avg

Defaults

5

Franchises funded

71

Risk rating

GOOD

Top franchise exposures

FranchiseLoansVolumeDefault %
Temporary Franchises6$7.1M50.0%
Hampton Inns3$6.8M0.0%
Super 8 Motel2$1.2M0.0%
Dunkin Donuts2$1.0M0.0%
NAPA Auto Parts2$737K0.0%
Meineke Car Care2$347K0.0%
Goddard Early Learning Center2$1.4M0.0%
Sonic2$981K50.0%
Comfort Inn by Choice Hotels/C2$4.0M
Wendy's2$2.4M
Servpro2$805K0.0%
State Farm Insurance2$494K0.0%
Servicemaster1$551K0.0%
Travelodge1$229K0.0%
Dairy Queen1$266K0.0%
Days Inn1$1.5M0.0%
Chevrolet1$206K0.0%
La-Z-Boy1$466K0.0%
Gold's Gym1$1.6M0.0%
Signs By Tomorrow1$126K0.0%

Lending volume by year

3
'95
2
3
3
1
2
'01
1
1
2
2
2
'07
3
4
10
5
6
'12
3
3
2
2
2
'17
1
1
3
4
5
'22
2
10
'25

Geographic coverage

Portfolio summary

Total funded$88.0M
Defaults5 of 88
Risk tierGOOD

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%).