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SBA 7(a) franchise lending
Connecticut
CT
- Total loans
- 1,212
- Loan volume
- $498.2M
- Default rate
- 15.9%
- Jobs created
- 14,376
Defaults
143
Avg interest
7.21%
Job velocity
2.9
per $100K loaned
Franchises active
571
Highest default rates in Connecticut
| Franchise | Loans | State % | National % |
|---|---|---|---|
| Huntington Learning Center | 5 | 60.0% | 36.4% |
| Quiznos | 24 | 54.2% | 28.1% |
| Sylvan Learning Center | 5 | 40.0% | 25.9% |
| UPS Store | 5 | 40.0% | 12.1% |
| Blimpie | 17 | 35.3% | 30.6% |
| Curves For Women | 8 | 25.0% | 18.9% |
| Meineke Car Care | 8 | 25.0% | 28.3% |
| Cold Stone Creamery, Inc. | 8 | 25.0% | 33.9% |
| Domino's Pizza | 21 | 23.8% | 10.7% |
| General Nutrition Center | 5 | 20.0% | 14.6% |
Lowest default rates in Connecticut
| Franchise | Loans | Default % |
|---|---|---|
| Minuteman Press | 8 | 0.0% |
| Dunkin Donuts | 13 | 0.0% |
| Shell Service Station | 9 | 0.0% |
| True Value Hardware | 8 | 0.0% |
| Days Inn | 6 | 0.0% |
| Dairy Queen | 7 | 0.0% |
| Charley's Grilled Subs | 5 | 0.0% |
| Edible Arrangements | 7 | 0.0% |
| My Gym | 5 | 0.0% |
| The UPS Store | 5 | 0.0% |
Industry performance (NAICS)
| Industry (NAICS) | Loans | Volume | Default % | Risk |
|---|---|---|---|---|
| Limited-Service Restaurants722211 | 98 | $23.1M | 26.5% | |
| Fitness & Recreational Sports713940 | 79 | $34.0M | 5.3% | |
| Limited-Service Restaurants722513 | 64 | $18.5M | 10.3% | |
| Hotels & Motels721110 | 59 | $126.6M | 2.3% | |
| Child Day Care Services624410 | 30 | $28.4M | 0.0% | |
| Full-Service Restaurants722110 | 26 | $3.0M | 15.4% | |
| Beauty Salons812112 | 20 | $7.9M | 7.7% | |
| Home Health Care Services621610 | 19 | $7.7M | 0.0% | |
| Full-Service Restaurants722511 | 18 | $9.5M | 10.0% | |
| Hardware Stores444130 | 16 | $5.3M | 7.7% |
Franchise lending volume by year
16'92
8
10
36
39
23'97
23
20
29
25
32'02
43
45
56
28
48'07
20
21
26
27
31'12
24
34
46
56
47'17
54
42
32
46
45'22
54
51
60
15'26
Connecticut default rate by loan vintage
BrandNational avg
Shaded area: recent vintages with few resolved loans; rates may change as loans mature.
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.