SC
SBA 504 certified development company
Success Capital Expansion & Development Corporation
- Total loans
- 45
- Loan volume
- $47.3M
- Avg loan size
- $1.1M
- Charge-off rate
- 8.7%
- vs 13.3% national avg
Defaults
2
Franchises funded
35
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Farmers Insurance Agent Appoin | 3 | $1.1M | N/A |
| Chevron - Retail Supply Contra | 3 | $2.9M | N/A |
| Holiday Inn Express | 2 | $1.3M | 0.0% (low risk) |
| Midas Muffler Shop | 2 | $626K | 0.0% (low risk) |
| Vagabond Inn | 2 | $1.7M | 0.0% (low risk) |
| Courtyard by Marriott | 2 | $7.4M | N/A |
| MasterCraft Authorized Dealers | 2 | $1.2M | N/A |
| Residence Inn by Marriott | 2 | $9.9M | 0.0% (low risk) |
| Color-Glo (upholstery Recond.) | 1 | $296K | 100.0% (very high risk) |
| Econo Lodge Motel | 1 | $700K | 0.0% (low risk) |
| Valero | 1 | $835K | N/A |
| Ace Hardware | 1 | $292K | 0.0% (low risk) |
| Super 8 Motel | 1 | $537K | 0.0% (low risk) |
| Taco Bell | 1 | $686K | 0.0% (low risk) |
| Comfort Inn | 1 | $992K | 0.0% (low risk) |
| Sonic | 1 | $271K | 0.0% (low risk) |
| Foster Freeze | 1 | $134K | 0.0% (low risk) |
| Travelodge | 1 | $734K | 0.0% (low risk) |
| Volvo (dealers) | 1 | $576K | 0.0% (low risk) |
| Century 21 | 1 | $1.5M | N/A |
Lending volume by year
2'96
1
3
1
2
2'01
3
3
1
2
2'07
1
1
2
1
1'19
1
6
6
1
2'24
1'25
Geographic coverage
California
458.7% (moderate risk)
Portfolio summary
Total funded$47.3M
Defaults2 of 45
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%).