![Maryland logo](https://cdn.brandfetch.io/maryland.gov/w/128/h/128/fallback/lettermark?c=<img src="https://cdn.brandfetch.io/domain/apple.com?c=1idsvcTjLv919Ax0E2s" alt="Logo by Brandfetch" />){kind=small}
SBA 7(a) franchise lending
Maryland
MD
- Total loans
- 2,115
- Loan volume
- $1.0B
- Default rate
- 16.7%
- Jobs created
- 32,214
Defaults
245
Avg interest
7.34%
Job velocity
3.2
per $100K loaned
Franchises active
818
Highest default rates in Maryland
| Franchise | Loans | State % | National % |
|---|---|---|---|
| Daily Grind | 5 | 80.0% | 52.6% |
| Wow Cafe And Wingery | 6 | 66.7% | 48.3% |
| Salad Works, Inc. | 7 | 57.1% | 39.7% |
| Cold Stone Creamery, Inc. | 21 | 47.6% | 33.9% |
| Chesapeake Bagel Bakery | 7 | 42.9% | 39.5% |
| California Tortilla | 5 | 40.0% | 43.8% |
| Auntie Ann's (soft Pretzels) | 8 | 37.5% | 8.0% |
| Curves For Women | 17 | 35.3% | 18.9% |
| Cluck-U-Chicken | 6 | 33.3% | 18.2% |
| Smoothie King (health Food Sto | 9 | 33.3% | 19.2% |
Lowest default rates in Maryland
| Franchise | Loans | Default % |
|---|---|---|
| Domino's Pizza | 9 | 0.0% |
| Dairy Queen | 9 | 0.0% |
| Econo Lodge Motel | 8 | 0.0% |
| MAACO Auto Painting Center | 8 | 0.0% |
| Gold's Gym | 5 | 0.0% |
| Baskin-Robbins 31 Ice Cream | 6 | 0.0% |
| Ledo Pizza | 12 | 0.0% |
| International House Of Pancake | 5 | 0.0% |
| Days Inn | 6 | 0.0% |
| Burger King | 5 | 0.0% |
Industry performance (NAICS)
| Industry (NAICS) | Loans | Volume | Default % | Risk |
|---|---|---|---|---|
| Limited-Service Restaurants722211 | 199 | $59.4M | 21.7% | |
| Limited-Service Restaurants722513 | 188 | $87.8M | 12.1% | |
| Fitness & Recreational Sports713940 | 106 | $39.2M | 15.3% | |
| Child Day Care Services624410 | 80 | $99.3M | 2.2% | |
| Full-Service Restaurants722110 | 73 | $33.1M | 26.0% | |
| Hotels & Motels721110 | 69 | $208.1M | 2.6% | |
| Full-Service Restaurants722511 | 60 | $40.9M | 18.9% | |
| Snack & Beverage Bars722515 | 49 | $18.9M | 0.0% | |
| 722213722213 | 43 | $9.8M | 35.7% | |
| Other Personal Care Services812199 | 41 | $18.7M | 4.8% |
Franchise lending volume by year
13'92
11
26
37
34
38'97
26
31
23
41
46'02
73
55
77
65
77'07
51
38
44
32
44'12
42
65
99
89
73'17
124
120
62
104
80'22
115
75
146
39'26
Maryland 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.