WV
SBA 504 certified development company
Wakarusa Valley Development, Inc.
- Total loans
- 23
- Loan volume
- $15.0M
- Avg loan size
- $650K
- Charge-off rate
- 7.7%
- vs 13.3% national avg
Defaults
1
Franchises funded
23
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Holiday Inn Express | 1 | $750K | 0.0% (low risk) |
| Koa Kampgrounds(kampgrounds Of | 1 | $202K | 0.0% (low risk) |
| Minuteman Press | 1 | $122K | 0.0% (low risk) |
| Team Tires Plus | 1 | $406K | 0.0% (low risk) |
| Days Inn | 1 | $250K | 0.0% (low risk) |
| Sheridan's Frozen Custard | 1 | $590K | 100.0% (very high risk) |
| Super 8 Motel | 1 | $876K | 0.0% (low risk) |
| Culver's Frozen Custard | 1 | $503K | 0.0% (low risk) |
| Dunkin Donuts | 1 | $231K | 0.0% (low risk) |
| Sleep Inn/Sleep Inn & Suites | 1 | $1.3M | N/A |
| Econo Lodge | 1 | $581K | N/A |
| Dunkin' Donuts | 1 | $279K | 0.0% (low risk) |
| Culver's ButterBurgers & Froze | 1 | $907K | 0.0% (low risk) |
| Quality Inn by Choice Hotels / | 1 | $1.6M | N/A |
| Harley Davidson - Motor Cycle | 1 | $1.5M | 0.0% (low risk) |
| Metal Supermarkets | 1 | $268K | N/A |
| Temporary Franchises | 1 | $282K | N/A |
| Holiday Inn | 1 | $2.0M | N/A |
| ConocoPhillips - Branded Resel | 1 | $319K | N/A |
| Fuzzy's Taco Shop | 1 | $189K | N/A |
Lending volume by year
1'98
2'99
1'00
1'02
2'03
1'04
1'09
2'11
1'13
1'14
1'15
2'16
1'18
1'20
1'21
1'22
1'23
2'24
Geographic coverage
Kansas
237.7% (moderate risk)
Portfolio summary
Total funded$15.0M
Defaults1 of 23
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%).