L
SBA 7(a) franchise lending
Louisiana
LA
- Total loans
- 1,436
- Loan volume
- $760.2M
- Charge-off rate
- 16.8%
- Jobs created
- 17,317
Defaults
177
Avg interest
7.09%
Job velocity
2.3
per $100K loaned
Franchises active
604
Highest charge-off rates in Louisiana
| Franchise | Loans | State % | National % |
|---|---|---|---|
| Meineke Car Care | 6 | charge-off rate: 50.0% | 28.3% |
| Wow Cafe And Wingery | 17 | charge-off rate: 47.1% | 48.3% |
| Planet Beach | 21 | charge-off rate: 42.9% | 55.7% |
| Midas Muffler Shop | 5 | charge-off rate: 40.0% | 15.1% |
| Fox's Pizza Den | 5 | charge-off rate: 40.0% | 25.2% |
| Matco Tools (rent Tools) | 13 | charge-off rate: 38.5% | 34.8% |
| Baskin-Robbins 31 Ice Cream | 14 | charge-off rate: 35.7% | 17.4% |
| Marble Slab Creamery | 7 | charge-off rate: 28.6% | 29.4% |
| Quiznos | 36 | charge-off rate: 27.8% | 28.1% |
| P J's Coffee And Tea Cafe | 18 | charge-off rate: 22.2% | 29.2% |
Lowest charge-off rates in Louisiana
| Franchise | Loans | Default % |
|---|---|---|
| Merle Norman Cosmetics | 7 | charge-off rate: 0.0% |
| Schlotzsky's Sandwich Shop | 10 | charge-off rate: 0.0% |
| Shell Service Station | 8 | charge-off rate: 0.0% |
| Chevron (gas Station) | 5 | charge-off rate: 0.0% |
| Exxon | 8 | charge-off rate: 0.0% |
| Massage Envy | 6 | charge-off rate: 0.0% |
| Anytime Fitness | 27 | charge-off rate: 0.0% |
| The UPS Store | 6 | charge-off rate: 0.0% |
| Snap Fitness | 11 | charge-off rate: 0.0% |
| PJ's Coffee of New Orleans | 5 | charge-off rate: 0.0% |
Industry performance (NAICS)
| Industry (NAICS) | Loans | Volume | Default % | Risk |
|---|---|---|---|---|
| Hotels & Motels721110 | 129 | $339.0M | charge-off rate: 7.7% | |
| Limited-Service Restaurants722211 | 112 | $23.1M | charge-off rate: 22.5% | |
| Limited-Service Restaurants722513 | 97 | $59.4M | charge-off rate: 14.6% | |
| Fitness & Recreational Sports713940 | 84 | $26.9M | charge-off rate: 5.2% | |
| Full-Service Restaurants722110 | 53 | $18.7M | charge-off rate: 28.3% | |
| Other Personal Care Services812199 | 47 | $13.0M | charge-off rate: 32.4% | |
| Snack & Beverage Bars722515 | 36 | $12.2M | charge-off rate: 6.2% | |
| Full-Service Restaurants722511 | 35 | $18.0M | charge-off rate: 12.5% | |
| Other Specialty Food Stores445299 | 26 | $5.3M | charge-off rate: 31.8% | |
| 446191446191 | 22 | $3.7M | charge-off rate: 10.5% |
Franchise lending volume by year
11'92
28
54
55
39
37'97
23
36
29
25
38'02
34
57
41
25
28'07
50
29
38
49
14'12
30
36
47
41
49'17
62
53
51
76
72'22
56
53
54
16'26
Louisiana 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 Louisiana received?
- 1,436 loans totaling $760.2M, with 177 charged off. The statewide charge-off rate is 16.8%.
- 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 Louisiana?
- The “Highest charge-off rates” and “Lowest charge-off rates” tables above rank the franchise brands operating in Louisiana 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.