M
SBA 7(a) franchise lending
Mississippi
MS
- Total loans
- 818
- Loan volume
- $538.2M
- Charge-off rate
- 15.1%
- Jobs created
- 10,901
Defaults
86
Avg interest
6.77%
Job velocity
2.0
per $100K loaned
Franchises active
424
Highest charge-off rates in Mississippi
| Franchise | Loans | State % | National % |
|---|---|---|---|
| Tcby | 8 | charge-off rate: 62.5% | 22.8% |
| Meineke Car Care | 5 | charge-off rate: 40.0% | 28.3% |
| Quiznos | 5 | charge-off rate: 40.0% | 28.1% |
| Super 8 Motel | 9 | charge-off rate: 33.3% | 11.6% |
| Pizza Inn | 6 | charge-off rate: 33.3% | 25.0% |
| Dairy Queen | 6 | charge-off rate: 33.3% | 10.7% |
| Anytime Fitness | 6 | charge-off rate: 16.7% | 10.7% |
| Fox's Pizza Den | 7 | charge-off rate: 14.3% | 25.2% |
| Little Caesar Pizza | 11 | charge-off rate: 9.1% | 7.7% |
| Subway Sandwich Shop | 36 | charge-off rate: 5.6% | 6.1% |
Lowest charge-off rates in Mississippi
| Franchise | Loans | Default % |
|---|---|---|
| Comfort Inn | 8 | charge-off rate: 0.0% |
| Ramada Inn | 6 | charge-off rate: 0.0% |
| Jackson Hewitt Tax Service | 5 | charge-off rate: 0.0% |
| Days Inn | 10 | charge-off rate: 0.0% |
| Mail Boxes Etc. Usa | 6 | charge-off rate: 0.0% |
| Servpro | 10 | charge-off rate: 0.0% |
| Ace Hardware | 7 | charge-off rate: 0.0% |
| Super 8 | 5 | charge-off rate: 0.0% |
| Subway Sandwich Shop | 36 | charge-off rate: 5.6% |
| Little Caesar Pizza | 11 | charge-off rate: 9.1% |
Industry performance (NAICS)
| Industry (NAICS) | Loans | Volume | Default % | Risk |
|---|---|---|---|---|
| Hotels & Motels721110 | 145 | $277.8M | charge-off rate: 5.1% | |
| Limited-Service Restaurants722513 | 78 | $37.4M | charge-off rate: 4.8% | |
| Limited-Service Restaurants722211 | 60 | $17.1M | charge-off rate: 21.7% | |
| Full-Service Restaurants722511 | 36 | $17.3M | charge-off rate: 5.6% | |
| Fitness & Recreational Sports713940 | 27 | $6.5M | charge-off rate: 9.5% | |
| Full-Service Restaurants722110 | 21 | $5.1M | charge-off rate: 15.0% | |
| Carpet & Upholstery Cleaning561740 | 17 | $5.9M | charge-off rate: 6.7% | |
| Snack & Beverage Bars722515 | 15 | $7.7M | charge-off rate: 0.0% | |
| Private Mail Centers561431 | 13 | $1.5M | charge-off rate: 8.3% | |
| Tax Preparation Services541213 | 12 | $2.8M | charge-off rate: 11.1% |
Franchise lending volume by year
6'92
10
16
29
15
15'97
10
19
13
19
25'02
26
21
19
17
18'07
17
10
17
26
16'12
18
24
40
38
26'17
29
46
39
43
36'22
40
30
38
7'26
Mississippi charge-off rate by loan vintage
BrandNational avg
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 Mississippi received?
- 818 loans totaling $538.2M, with 86 charged off. The statewide charge-off rate is 15.1%.
- 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 Mississippi?
- The “Highest charge-off rates” and “Lowest charge-off rates” tables above rank the franchise brands operating in Mississippi 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.