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SBA 7(a) franchise lending
Florida
FL
- Total loans
- 8,224
- Loan volume
- $4.5B
- Default rate
- 20.9%
- Jobs created
- 115,119
Defaults
1,113
Avg interest
7.51%
Job velocity
2.6
per $100K loaned
Franchises active
2,056
Highest default rates in Florida
| Franchise | Loans | State % | National % |
|---|---|---|---|
| Camille's Sidewalk Cafe | 7 | 100.0% | 53.8% |
| American Pie Pizza And Drafts | 7 | 85.7% | 85.7% |
| Wireless Toyz | 6 | 83.3% | 65.6% |
| 1000 Degrees Pizzeria | 6 | 83.3% | 73.7% |
| Planet Beach | 45 | 82.2% | 55.7% |
| Blimpie | 9 | 77.8% | 30.6% |
| The Grounds Guys | 9 | 77.8% | 46.3% |
| Pro Golf | 8 | 75.0% | 57.1% |
| Foot Solutions | 14 | 71.4% | 32.9% |
| Carvel Ice Cream | 9 | 66.7% | 42.7% |
Lowest default rates in Florida
| Franchise | Loans | Default % |
|---|---|---|
| Econo Lodge Motel | 10 | 0.0% |
| Dairy Queen | 48 | 0.0% |
| Shell Service Station | 7 | 0.0% |
| Play It Again Sports (retail S | 5 | 0.0% |
| Best Western Inn | 14 | 0.0% |
| Sir Speedy Printing Center | 9 | 0.0% |
| Kids R Kids | 8 | 0.0% |
| Century 21 | 8 | 0.0% |
| Burger King | 7 | 0.0% |
| Tutor Time | 12 | 0.0% |
Industry performance (NAICS)
| Industry (NAICS) | Loans | Volume | Default % | Risk |
|---|---|---|---|---|
| Limited-Service Restaurants722513 | 784 | $486.3M | 14.0% | |
| Limited-Service Restaurants722211 | 630 | $173.8M | 30.4% | |
| Fitness & Recreational Sports713940 | 477 | $204.7M | 21.1% | |
| Hotels & Motels721110 | 378 | $948.9M | 5.2% | |
| Full-Service Restaurants722511 | 255 | $197.7M | 11.5% | |
| Snack & Beverage Bars722515 | 248 | $125.5M | 11.9% | |
| Full-Service Restaurants722110 | 230 | $88.0M | 31.0% | |
| Other Personal Care Services812199 | 218 | $85.9M | 26.4% | |
| Child Day Care Services624410 | 178 | $239.8M | 3.4% | |
| Beauty Salons812112 | 158 | $54.0M | 17.3% |
Franchise lending volume by year
40'92
65
73
98
121
144'97
123
128
159
133
238'02
268
276
290
196
220'07
168
58
54
75
81'12
123
227
301
383
343'17
431
408
328
519
440'22
557
470
576
110'26
Florida 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.