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

Geographic coverage

Pennsylvania
5313.3% (elevated risk)
Massachusetts
314.2% (low risk)
Rhode Island
40.0% (low risk)

Portfolio summary

Total funded$88.0M
Defaults5 of 88
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%).