SD
SBA 504 certified development company
Southern Development Council
- Total loans
- 222
- Loan volume
- $176.1M
- Avg loan size
- $793K
- Charge-off rate
- 12.6%
- vs 13.3% national avg
Defaults
22
Franchises funded
107
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Days Inn | 14 | $8.5M | 7.1% (moderate risk) |
| Hampton Inns | 11 | $14.6M | 0.0% (low risk) |
| Holiday Inn Express | 9 | $11.9M | 0.0% (low risk) |
| Dairy Queen | 9 | $3.4M | 37.5% (very high risk) |
| Best Western Inn | 9 | $6.0M | 12.5% (elevated risk) |
| Comfort Inn | 8 | $6.1M | 12.5% (elevated risk) |
| Huddle House | 6 | $1.4M | 0.0% (low risk) |
| Microtel | 5 | $4.5M | 25.0% (very high risk) |
| Zaxby's | 5 | $2.4M | 0.0% (low risk) |
| Choice Hotels International In | 5 | $8.7M | 0.0% (low risk) |
| Chevron (gas Station) | 5 | $1.4M | 0.0% (low risk) |
| Super 8 Motel | 4 | $3.1M | 0.0% (low risk) |
| Econo Lodge Motel | 4 | $2.2M | 0.0% (low risk) |
| Temporary Franchises | 4 | $917K | 0.0% (low risk) |
| Holiday Inn | 3 | $3.8M | 0.0% (low risk) |
| Motel 6 | 3 | $2.4M | 33.3% (very high risk) |
| Mcalister's Gourmet Deli | 3 | $1.0M | 0.0% (low risk) |
| Applebee's (t. J.) Neighborhoo | 3 | $1.0M | 0.0% (low risk) |
| La Quinta Inn | 3 | $3.8M | 50.0% (very high risk) |
| Sleep Inn Motel | 3 | $2.3M | 33.3% (very high risk) |
Lending volume by year
6'92
6
4
7
10
6'97
7
7
13
6
7'02
8
10
9
4
9'07
4
6
10
13
17'12
5
3
4
4
3'17
1
5
5
10
5'22
2
3
3'25
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%).