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SBA 7(a) franchise lending
Louisiana
LA
- Total loans
- 1,436
- Loan volume
- $760.2M
- Default rate
- 16.8%
- Jobs created
- 17,317
Defaults
177
Avg interest
7.09%
Job velocity
2.3
per $100K loaned
Franchises active
604
Highest default rates in Louisiana
| Franchise | Loans | State % | National % |
|---|---|---|---|
| Meineke Car Care | 6 | 50.0% | 28.3% |
| Wow Cafe And Wingery | 17 | 47.1% | 48.3% |
| Planet Beach | 21 | 42.9% | 55.7% |
| Midas Muffler Shop | 5 | 40.0% | 15.1% |
| Fox's Pizza Den | 5 | 40.0% | 25.2% |
| Matco Tools (rent Tools) | 13 | 38.5% | 34.8% |
| Baskin-Robbins 31 Ice Cream | 14 | 35.7% | 17.4% |
| Marble Slab Creamery | 7 | 28.6% | 29.4% |
| Quiznos | 36 | 27.8% | 28.1% |
| P J's Coffee And Tea Cafe | 18 | 22.2% | 29.2% |
Lowest default rates in Louisiana
| Franchise | Loans | Default % |
|---|---|---|
| Merle Norman Cosmetics | 7 | 0.0% |
| Schlotzsky's Sandwich Shop | 10 | 0.0% |
| Shell Service Station | 8 | 0.0% |
| Chevron (gas Station) | 5 | 0.0% |
| Exxon | 8 | 0.0% |
| Massage Envy | 6 | 0.0% |
| Anytime Fitness | 27 | 0.0% |
| The UPS Store | 6 | 0.0% |
| Snap Fitness | 11 | 0.0% |
| PJ's Coffee of New Orleans | 5 | 0.0% |
Industry performance (NAICS)
| Industry (NAICS) | Loans | Volume | Default % | Risk |
|---|---|---|---|---|
| Hotels & Motels721110 | 129 | $339.0M | 7.7% | |
| Limited-Service Restaurants722211 | 112 | $23.1M | 22.5% | |
| Limited-Service Restaurants722513 | 97 | $59.4M | 14.6% | |
| Fitness & Recreational Sports713940 | 84 | $26.9M | 5.2% | |
| Full-Service Restaurants722110 | 53 | $18.7M | 28.3% | |
| Other Personal Care Services812199 | 47 | $13.0M | 32.4% | |
| Snack & Beverage Bars722515 | 36 | $12.2M | 6.2% | |
| Full-Service Restaurants722511 | 35 | $18.0M | 12.5% | |
| Other Specialty Food Stores445299 | 26 | $5.3M | 31.8% | |
| 446191446191 | 22 | $3.7M | 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 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.