M
SBA 7(a) franchise lending
Montana
MT
- Total loans
- 621
- Loan volume
- $226.1M
- Charge-off rate
- 8.0%
- Jobs created
- 6,431
Charged off
42
Avg interest
6.63%
Job velocity
2.8
per $100K loaned
Franchises active
295
Highest charge-off rates in Montana
| Franchise | Resolved loans | State % | National % |
|---|---|---|---|
| Radio Shack | 13 | charge-off rate: 15.4% | 19.7% |
| Subway Sandwich Shop | 42 | charge-off rate: 2.4% | 6.7% |
| Dairy Queen | 13 | charge-off rate: 0.0% | 9.7% |
| Mail Boxes Etc. Usa | 12 | charge-off rate: 0.0% | 10.2% |
| Papa Murphy's Take & Bake Pizz | 12 | charge-off rate: 0.0% | 6.3% |
Lowest charge-off rates in Montana
| Franchise | Resolved loans | Charge-off % |
|---|---|---|
| Dairy Queen | 13 | charge-off rate: 0.0% |
| Mail Boxes Etc. Usa | 12 | charge-off rate: 0.0% |
| Papa Murphy's Take & Bake Pizz | 12 | charge-off rate: 0.0% |
| Subway Sandwich Shop | 42 | charge-off rate: 2.4% |
| Radio Shack | 13 | charge-off rate: 15.4% |
Resolved loans = paid in full + charged off. A brand with fewer than 10 resolved loans in Montana is left out of both tables: too few resolved loans to judge.
Industry performance (NAICS)
| Industry (NAICS) | Loans | Volume | Charge-off % | Risk |
|---|---|---|---|---|
| Limited-Service Restaurants722513 | 49 | $20.0M | charge-off rate: 10.3% | |
| Limited-Service Restaurants722211 | 47 | $9.9M | charge-off rate: 4.3% | |
| Fitness & Recreational Sports713940 | 29 | $6.3M | charge-off rate: 5.0% | |
| Hotels & Motels721110 | 23 | $42.8M | charge-off rate: 6.2% | |
| Hardware Stores444130 | 18 | $6.2M | charge-off rate: 6.2% | |
| Full-Service Restaurants722110 | 17 | $6.0M | charge-off rate: 11.8% | |
| 722213722213 | 11 | $1.5M | charge-off rate: 0.0% | |
| Automotive Parts & Accessories441310 | 9 | $2.3M | charge-off rate: 14.3% | |
| Private Mail Centers561431 | 9 | $1.1M | charge-off rate: 0.0% | |
| Sporting Goods Stores451110 | 8 | $1.9M | charge-off rate: 14.3% |
Franchise lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1992 | 21 |
| FY1993 | 20 |
| FY1994 | 33 |
| FY1995 | 16 |
| FY1996 | 22 |
| FY1997 | 24 |
| FY1998 | 15 |
| FY1999 | 23 |
| FY2000 | 17 |
| FY2001 | 13 |
| FY2002 | 18 |
| FY2003 | 25 |
| FY2004 | 17 |
| FY2005 | 22 |
| FY2006 | 25 |
| FY2007 | 10 |
| FY2008 | 11 |
| FY2009 | 24 |
| FY2010 | 13 |
| FY2011 | 20 |
| FY2012 | 13 |
| FY2013 | 21 |
| FY2014 | 18 |
| FY2015 | 21 |
| FY2016 | 16 |
| FY2017 | 17 |
| FY2018 | 10 |
| FY2019 | 15 |
| FY2020 | 18 |
| FY2021 | 22 |
| FY2022 | 15 |
| FY2023 | 9 |
| FY2024 | 8 |
| FY2025 | 25 |
| FY2026 | 4 |
SBA 7(a) · charge-off rate by approval year
Montana: below all franchise loans in 24 of 29 rated years
Hollow rings on the axis: years with fewer than 10 resolved loans, not rated (recent years: too early to judge while loans are still being repaid). Their numbers are in the table.
Show the numbers by year
| Year | Resolved | Charged off | Rate |
|---|---|---|---|
| 1992 | 21 | 0 | 0.0% |
| 1993 | 20 | 1 | 5.0% |
| 1994 | 33 | 3 | 9.1% |
| 1995 | 16 | 1 | 6.2% |
| 1996 | 22 | 2 | 9.1% |
| 1997 | 24 | 2 | 8.3% |
| 1998 | 14 | 4 | 28.6% |
| 1999 | 23 | 2 | 8.7% |
| 2000 | 17 | 4 | 23.5% |
| 2001 | 13 | 0 | 0.0% |
| 2002 | 18 | 3 | 16.7% |
| 2003 | 25 | 2 | 8.0% |
| 2004 | 17 | 0 | 0.0% |
| 2005 | 22 | 1 | 4.5% |
| 2006 | 26 | 1 | 3.8% |
| 2007 | 10 | 1 | 10.0% |
| 2008 | 11 | 2 | 18.2% |
| 2009 | 24 | 1 | 4.2% |
| 2010 | 14 | 2 | 14.3% |
| 2011 | 20 | 2 | 10.0% |
| 2012 | 13 | 0 | 0.0% |
| 2013 | 18 | 0 | 0.0% |
| 2014 | 18 | 0 | 0.0% |
| 2015 | 20 | 1 | 5.0% |
| 2016 | 15 | 0 | 0.0% |
| 2017 | 15 | 0 | 0.0% |
| 2018 | 10 | 0 | 0.0% |
| 2019 | 10 | 1 | 10.0% |
| 2020 | 11 | 2 | 18.2% |
| 2021 | 4 | 1 | Too early |
| 2022 | 5 | 3 | Too early |
Dashed line: all franchise 7(a) loans approved the same year.
Source and method
SBA 7(a) FOIA loan records. Rate: charged-off loans over resolved loans (paid in full plus charged off) for loans approved that year; it moves as loans are resolved.
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 Montana received?
- 621 loans totaling $226.1M, with 42 charged off. The statewide charge-off rate is 8.0%.
- What is a charge-off rate and how should I interpret it?
- Charge-off rate = charge-offs / (charge-offs + paid-in-full). Across SBA 7(a) franchise lending, the national charge-off rate is 16.0% over 94,550 resolved loans. Rates materially above that suggest higher-risk franchise selection or weaker borrower vetting in this state.
- Which franchise brands perform best and worst in Montana?
- The “Highest charge-off rates” and “Lowest charge-off rates” tables above rank the franchise brands operating in Montana 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.