TC
SBA 504 certified development company
Texas Certified Development Company, Inc.
- Total loans
- 154
- Loan volume
- $153.6M
- Avg loan size
- $997K
- Charge-off rate
- 14.3%
- vs 13.3% national avg
Defaults
18
Franchises funded
78
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Kids R Kids | 16 | $19.0M | 6.7% (moderate risk) |
| Temporary Franchises | 9 | $4.7M | 0.0% (low risk) |
| Super 8 Motel | 8 | $6.1M | 25.0% (very high risk) |
| Holiday Inn Express | 8 | $11.7M | 0.0% (low risk) |
| Comfort Inn | 7 | $7.1M | 28.6% (very high risk) |
| Best Western Inn | 7 | $4.8M | 14.3% (elevated risk) |
| Days Inn | 5 | $4.0M | 40.0% (very high risk) |
| Sleep Inn Motel | 4 | $5.1M | 0.0% (low risk) |
| Travelodge | 3 | $2.4M | 0.0% (low risk) |
| Century 21 | 3 | $1.0M | 33.3% (very high risk) |
| Quality Inn | 3 | $2.5M | 0.0% (low risk) |
| Hampton Inns | 3 | $5.1M | 0.0% (low risk) |
| Motel 6 | 2 | $2.0M | 0.0% (low risk) |
| Sears Catalog Store | 2 | $539K | 0.0% (low risk) |
| Howard Johnson | 2 | $2.4M | 50.0% (very high risk) |
| Ramada Inn | 2 | $1.1M | 50.0% (very high risk) |
| Arby's | 2 | $1.2M | 0.0% (low risk) |
| Midas Muffler Shop | 2 | $395K | 50.0% (very high risk) |
| Country Inn | 2 | $2.3M | 50.0% (very high risk) |
| Christian Brothers Automotive | 2 | $1.4M | 0.0% (low risk) |
Lending volume by year
3'93
3
2
3
4
1'98
4
5
8
15
10'05
11
10
6
9
6'10
7
7
7
6
5'15
7
3
1
2
5'20
1
2
1'24
Geographic coverage
Texas
15414.3% (elevated risk)
Portfolio summary
Total funded$153.6M
Defaults18 of 154
Risk tierAVERAGE
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%).