TB
SBA 504 certified development company
Trenton Business Assistance Corporation
- Total loans
- 61
- Loan volume
- $104.1M
- Avg loan size
- $1.7M
- Default rate
- 11.8%
- vs 13.3% national avg
Defaults
2
Franchises funded
50
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| The Learning Experience | 6 | $11.5M | — |
| Hampton Inns | 3 | $10.9M | 0.0% |
| Primrose Schools | 3 | $7.7M | — |
| Jiffy Lube | 2 | $765K | 0.0% |
| Comfort Inn by Choice Hotels/C | 2 | $3.9M | — |
| Honest-1 Auto Care | 1 | $704K | 0.0% |
| International House Of Pancake | 1 | $796K | 0.0% |
| Stewart's Root Beer Of Gillett | 1 | $452K | 100.0% |
| Days Inn | 1 | $2.0M | — |
| Temporary Franchises | 1 | $78K | 0.0% |
| Dunkin Donuts | 1 | $462K | — |
| Retro Fitness | 1 | $1.3M | 0.0% |
| Minuteman Press | 1 | $538K | — |
| La-Z-Boy Furniture Galleries/L | 1 | $2.1M | — |
| Lightbridge Academy | 1 | $2.8M | — |
| Howard Johnson by Wyndham | 1 | $2.0M | — |
| Landmark Americana Tap and Gri | 1 | $2.0M | — |
| Best Western - Membership Agre | 1 | $2.2M | — |
| Realty Executives | 1 | $410K | — |
| The Goddard School | 1 | $713K | 0.0% |
Lending volume by year
3'07
1'08
3'09
1'10
3'11
3'12
2'13
1'14
2'15
3'16
5'18
4'19
4'20
6'21
12'22
4'23
1'24
3'25
Geographic coverage
Portfolio summary
Total funded$104.1M
Defaults2 of 61
Risk tierAVERAGE
Source: SBA 504 FOIA loan-level data, aggregated by FranchiseVerdict
Default 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%), Critical (>20%).