TP
SBA 504 certified development company
Texas Panhandle Regional Development Corporation
- Total loans
- 43
- Loan volume
- $50.1M
- Avg loan size
- $1.2M
- Charge-off rate
- 7.1%
- vs 13.3% national avg
Defaults
2
Franchises funded
29
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Holiday Inn Express | 5 | $5.5M | 0.0% (low risk) |
| Choice Hotels International In | 4 | $5.5M | 0.0% (low risk) |
| HTeaO | 4 | $3.0M | N/A |
| Popeye's Famous Fried Chicken | 2 | $523K | 0.0% (low risk) |
| Chicken Express | 2 | $1.2M | 0.0% (low risk) |
| Best Western Inn | 2 | $3.8M | 0.0% (low risk) |
| Hilton Inns | 2 | $6.3M | N/A |
| Mr. Gatti's | 1 | $437K | 0.0% (low risk) |
| Popeyes Louisiana Kitchen | 1 | $327K | 0.0% (low risk) |
| Clarion Inn & Suites | 1 | $1.0M | 100.0% (very high risk) |
| Quality Inn | 1 | $954K | 100.0% (very high risk) |
| Econo Lodge Motel | 1 | $515K | 0.0% (low risk) |
| Super 8 Motel | 1 | $228K | 0.0% (low risk) |
| Country Inns & Suites | 1 | $1.0M | 0.0% (low risk) |
| Ramada Inn | 1 | $465K | 0.0% (low risk) |
| Hampton Inns | 1 | $1.0M | 0.0% (low risk) |
| Hampton Inn & Suites | 1 | $1.3M | N/A |
| Best Western - Membership Agre | 1 | $1.5M | N/A |
| Fairfield Inn | 1 | $1.7M | 0.0% (low risk) |
| La Quinta Inn | 1 | $1.7M | N/A |
Lending volume by year
1'94
1
1
1
2
1'02
2
5
1
5
1'09
4
2
2
2
3'14
3
1
2
1
2'25
Geographic coverage
Texas
437.1% (moderate risk)
Portfolio summary
Total funded$50.1M
Defaults2 of 43
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%).