FranchiseVerdict
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SBA 7(a) franchise lending

Montana

MT

Total loans
621
Loan volume
$226.1M
Default rate
8.0%
Jobs created
6,431

Defaults

42

Avg interest

6.63%

Job velocity

2.8

per $100K loaned

Franchises active

295

Highest default rates in Montana

FranchiseLoansState %National %
Pizza Pro520.0%18.8%
Champion Auto Store520.0%21.1%
Coast-To-Coast Store520.0%19.6%
Radio Shack1315.4%19.7%
Subway Sandwich Shop382.6%6.1%
Koa Kampgrounds(kampgrounds Of60.0%1.5%
Papa Murphy's Take & Bake Pizz90.0%5.3%
Snap-On-Tools70.0%10.4%
Midas Muffler Shop70.0%15.1%
Mail Boxes Etc. Usa80.0%12.2%

Lowest default rates in Montana

FranchiseLoansDefault %
Koa Kampgrounds(kampgrounds Of60.0%
Papa Murphy's Take & Bake Pizz90.0%
Snap-On-Tools70.0%
Midas Muffler Shop70.0%
Mail Boxes Etc. Usa80.0%
Culligan Soft Water Service90.0%
Dairy Queen100.0%
Ace Hardware50.0%
Servpro60.0%
Insty-Prints80.0%

Industry performance (NAICS)

Industry (NAICS)LoansVolumeDefault %Risk
Limited-Service Restaurants72251349$20.0M10.3%
Limited-Service Restaurants72221147$9.9M4.3%
Fitness & Recreational Sports71394029$6.3M5.0%
Hotels & Motels72111023$42.8M6.2%
Hardware Stores44413018$6.2M6.2%
Full-Service Restaurants72211017$6.0M11.8%
72221372221311$1.5M0.0%
Automotive Parts & Accessories4413109$2.3M14.3%
Private Mail Centers5614319$1.1M0.0%
Sporting Goods Stores4511108$1.9M14.3%

Franchise lending volume by year

21
'92
20
33
16
22
24
'97
15
23
17
13
18
'02
25
17
22
25
10
'07
11
24
13
20
13
'12
21
18
21
16
17
'17
10
15
18
22
15
'22
9
8
25
4
'26

Montana default rate by loan vintage

BrandNational avg
0%5%10%15%20%25%30%35%40%45%50%55%60%'92'97'02'07'12'17'22

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.