I
SBA 7(a) franchise lending
Indiana
IN
- Total loans
- 3,246
- Loan volume
- $1.9B
- Charge-off rate
- 12.7%
- Jobs created
- 43,538
Defaults
292
Avg interest
6.86%
Job velocity
2.3
per $100K loaned
Franchises active
1,092
Highest charge-off rates in Indiana
| Franchise | Loans | State % | National % |
|---|---|---|---|
| Golf Etc. | 5 | charge-off rate: 80.0% | 54.5% |
| Minuteman Press | 5 | charge-off rate: 80.0% | 24.0% |
| Schlotzsky's Sandwich Shop | 10 | charge-off rate: 60.0% | 21.3% |
| Orange Leaf | 5 | charge-off rate: 60.0% | 25.0% |
| Fantastic Sam's | 10 | charge-off rate: 50.0% | 19.1% |
| The Pita Pit | 6 | charge-off rate: 50.0% | 23.5% |
| Orange Leaf Frozen Yogurt | 6 | charge-off rate: 50.0% | 41.7% |
| Marco's Pizza | 6 | charge-off rate: 50.0% | 9.3% |
| Matco Tools (rent Tools) | 13 | charge-off rate: 46.2% | 34.8% |
| Blimpie | 27 | charge-off rate: 44.4% | 30.6% |
Lowest charge-off rates in Indiana
| Franchise | Loans | Default % |
|---|---|---|
| Wild Birds Unlimited | 7 | charge-off rate: 0.0% |
| Ramada Inn | 8 | charge-off rate: 0.0% |
| Paul W. Davis Systems | 5 | charge-off rate: 0.0% |
| Comfort Inn | 5 | charge-off rate: 0.0% |
| Hungry Howie's | 10 | charge-off rate: 0.0% |
| Super 8 by Wyndhan | 7 | charge-off rate: 0.0% |
| General Nutrition Center | 6 | charge-off rate: 0.0% |
| Travelodge | 7 | charge-off rate: 0.0% |
| Jimmy John's | 31 | charge-off rate: 0.0% |
| Tcby | 5 | charge-off rate: 0.0% |
Industry performance (NAICS)
| Industry (NAICS) | Loans | Volume | Default % | Risk |
|---|---|---|---|---|
| Hotels & Motels721110 | 343 | $766.5M | charge-off rate: 6.5% | |
| Limited-Service Restaurants722513 | 328 | $144.3M | charge-off rate: 11.6% | |
| Limited-Service Restaurants722211 | 289 | $79.8M | charge-off rate: 11.8% | |
| Fitness & Recreational Sports713940 | 180 | $60.1M | charge-off rate: 11.2% | |
| Full-Service Restaurants722511 | 129 | $51.4M | charge-off rate: 7.7% | |
| Full-Service Restaurants722110 | 119 | $35.0M | charge-off rate: 16.9% | |
| Snack & Beverage Bars722515 | 67 | $30.1M | charge-off rate: 6.1% | |
| Gasoline Stations with Convenience Stores447110 | 59 | $48.1M | charge-off rate: 10.9% | |
| Beauty Salons812112 | 50 | $20.4M | charge-off rate: 18.2% | |
| General Automotive Repair811111 | 46 | $15.4M | charge-off rate: 16.7% |
Franchise lending volume by year
28'92
28
33
45
44
55'97
42
49
67
69
92'02
98
99
99
75
76'07
67
42
47
73
54'12
87
93
130
166
162'17
179
155
151
193
155'22
165
138
163
27'26
Indiana charge-off 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
Charge-off rate = charge-offs / (charge-offs + paid-in-full). Active, exempt, and cancelled loans are excluded. Job velocity = jobs created per $100K loaned.
Frequently asked questions
- How many SBA 7(a) franchise loans has Indiana received?
- 3,246 loans totaling $1857.5M, with 292 charged off. The statewide charge-off rate is 12.7%.
- What is a charge-off rate and how should I interpret it?
- Charge-off rate = charge-offs / (charge-offs + paid-in-full). For SBA 7(a) franchise lending, the national average runs 5–8%. Rates materially above that suggest higher-risk franchise selection or weaker borrower vetting in this state.
- Which franchise brands perform best and worst in Indiana?
- The “Highest charge-off rates” and “Lowest charge-off rates” tables above rank the franchise brands operating in Indiana by their statewide loan performance. Click any brand for full FDD-disclosed financials and nationwide SBA history.
- Where does this lending data come from?
- SBA 7(a) loan records released under the Freedom of Information Act. Each record carries approval date, amount, lender, business type, NAICS code, location, and outcome. See methodology.