FranchiseVerdict
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SBA 7(a) franchise lending

Delaware

DE

Total loans
397
Loan volume
$165.6M
Default rate
13.7%
Jobs created
4,908

Defaults

40

Avg interest

7.16%

Job velocity

3.0

per $100K loaned

Franchises active

257

Highest default rates in Delaware

FranchiseLoansState %National %
Quiznos728.6%28.1%
Dunkin Donuts150.0%8.3%
Manhattan Bagel Co.60.0%19.2%
Capriotti's Sandwich Shop80.0%11.1%
Rita's Real Italian Water Ice60.0%14.0%
Papa John's Pizza50.0%19.6%

Lowest default rates in Delaware

FranchiseLoansDefault %
Dunkin Donuts150.0%
Manhattan Bagel Co.60.0%
Capriotti's Sandwich Shop80.0%
Rita's Real Italian Water Ice60.0%
Papa John's Pizza50.0%
Quiznos728.6%

Industry performance (NAICS)

Industry (NAICS)LoansVolumeDefault %Risk
Limited-Service Restaurants72251340$16.9M7.7%
Limited-Service Restaurants72221137$9.2M13.5%
Fitness & Recreational Sports71394019$8.5M0.0%
Full-Service Restaurants72211013$10.0M7.7%
Hotels & Motels72111013$33.1M11.1%
Other Personal Care Services81219911$4.6M20.0%
Child Day Care Services6244109$4.9M0.0%
Full-Service Restaurants7225119$6.3M0.0%
7222137222137$1.3M42.9%
Other Misc. Schools6116997$1.7M33.3%

Franchise lending volume by year

3
'92
6
15
8
9
7
'97
12
7
11
5
8
'02
10
16
12
15
18
'07
8
6
4
4
9
'12
8
13
28
8
22
'17
16
15
9
15
21
'22
18
13
14
4
'26

Delaware default rate by loan vintage

BrandNational avg
0%5%10%15%20%25%30%35%40%45%50%'92'97'02'07'12'17'23

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.