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SBA 7(a) franchise lending
Alaska
AK
- Total loans
- 178
- Loan volume
- $93.2M
- Default rate
- 14.5%
- Jobs created
- 2,194
Defaults
20
Avg interest
6.82%
Job velocity
2.4
per $100K loaned
Franchises active
116
Highest default rates in Alaska
| Franchise | Loans | State % | National % |
|---|---|---|---|
| Cold Stone Creamery, Inc. | 9 | 11.1% | 33.9% |
| Subway Sandwich Shop | 10 | 0.0% | 6.1% |
Lowest default rates in Alaska
| Franchise | Loans | Default % |
|---|---|---|
| Subway Sandwich Shop | 10 | 0.0% |
| Cold Stone Creamery, Inc. | 9 | 11.1% |
Industry performance (NAICS)
| Industry (NAICS) | Loans | Volume | Default % | Risk |
|---|---|---|---|---|
| Limited-Service Restaurants722513 | 19 | $13.3M | 14.3% | |
| Limited-Service Restaurants722211 | 11 | $2.9M | 0.0% | |
| 722213722213 | 9 | $2.5M | 0.0% | |
| Hotels & Motels721110 | 7 | $17.2M | 33.3% | |
| General Automotive Repair811111 | 6 | $8.7M | 0.0% | |
| Full-Service Restaurants722110 | 6 | $5.8M | 16.7% | |
| Fitness & Recreational Sports713940 | 6 | $1.6M | 75.0% | |
| Hardware Stores444130 | 5 | $2.8M | 0.0% | |
| Full-Service Restaurants722511 | 5 | $4.8M | 25.0% | |
| 532111532111 | 4 | $2.1M | 0.0% |
Franchise lending volume by year
3'92
14
8
8
4
5'97
3
6
6
5
2'02
5
6
4
3
4'07
3
3
2
7
6'12
7
4
4
3
9'17
13
9
4
4
3'22
7
4'25
Alaska default rate by loan vintage
BrandNational avg
Source: SBA 7(a) FOIA loan-level data, aggregated by FranchiseVerdict
Default rate = charge-offs / (charge-offs + paid-in-full). Active, exempt, and cancelled loans are excluded. Job velocity = jobs created per $100K loaned.