M
SBA 7(a) franchise lending
Maryland
MD
- Total loans
- 2,115
- Loan volume
- $1.0B
- Charge-off rate
- 16.7%
- Jobs created
- 32,214
Defaults
245
Avg interest
7.34%
Job velocity
3.2
per $100K loaned
Franchises active
818
Highest charge-off rates in Maryland
| Franchise | Loans | State % | National % |
|---|---|---|---|
| Daily Grind | 5 | charge-off rate: 80.0% | 52.6% |
| Wow Cafe And Wingery | 6 | charge-off rate: 66.7% | 48.3% |
| Salad Works, Inc. | 7 | charge-off rate: 57.1% | 39.7% |
| Cold Stone Creamery, Inc. | 21 | charge-off rate: 47.6% | 33.9% |
| Chesapeake Bagel Bakery | 7 | charge-off rate: 42.9% | 39.5% |
| California Tortilla | 5 | charge-off rate: 40.0% | 43.8% |
| Auntie Ann's (soft Pretzels) | 8 | charge-off rate: 37.5% | 8.0% |
| Curves For Women | 17 | charge-off rate: 35.3% | 18.9% |
| Cluck-U-Chicken | 6 | charge-off rate: 33.3% | 18.2% |
| Smoothie King (health Food Sto | 9 | charge-off rate: 33.3% | 19.2% |
Lowest charge-off rates in Maryland
| Franchise | Loans | Default % |
|---|---|---|
| Domino's Pizza | 9 | charge-off rate: 0.0% |
| Dairy Queen | 9 | charge-off rate: 0.0% |
| Econo Lodge Motel | 8 | charge-off rate: 0.0% |
| MAACO Auto Painting Center | 8 | charge-off rate: 0.0% |
| Gold's Gym | 5 | charge-off rate: 0.0% |
| Baskin-Robbins 31 Ice Cream | 6 | charge-off rate: 0.0% |
| Ledo Pizza | 12 | charge-off rate: 0.0% |
| International House Of Pancake | 5 | charge-off rate: 0.0% |
| Days Inn | 6 | charge-off rate: 0.0% |
| Burger King | 5 | charge-off rate: 0.0% |
Industry performance (NAICS)
| Industry (NAICS) | Loans | Volume | Default % | Risk |
|---|---|---|---|---|
| Limited-Service Restaurants722211 | 199 | $59.4M | charge-off rate: 21.7% | |
| Limited-Service Restaurants722513 | 188 | $87.8M | charge-off rate: 12.1% | |
| Fitness & Recreational Sports713940 | 106 | $39.2M | charge-off rate: 15.3% | |
| Child Day Care Services624410 | 80 | $99.3M | charge-off rate: 2.2% | |
| Full-Service Restaurants722110 | 73 | $33.1M | charge-off rate: 26.0% | |
| Hotels & Motels721110 | 69 | $208.1M | charge-off rate: 2.6% | |
| Full-Service Restaurants722511 | 60 | $40.9M | charge-off rate: 18.9% | |
| Snack & Beverage Bars722515 | 49 | $18.9M | charge-off rate: 0.0% | |
| 722213722213 | 43 | $9.8M | charge-off rate: 35.7% | |
| Other Personal Care Services812199 | 41 | $18.7M | charge-off rate: 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 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 Maryland received?
- 2,115 loans totaling $1000.3M, with 245 charged off. The statewide charge-off rate is 16.7%.
- 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 Maryland?
- The “Highest charge-off rates” and “Lowest charge-off rates” tables above rank the franchise brands operating in Maryland 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.