![Nevada logo](https://cdn.brandfetch.io/nv.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
Nevada
NV
- Total loans
- 1,181
- Loan volume
- $589.4M
- Default rate
- 21.2%
- Jobs created
- 16,844
Defaults
178
Avg interest
7.39%
Job velocity
2.9
per $100K loaned
Franchises active
627
Highest default rates in Nevada
| Franchise | Loans | State % | National % |
|---|---|---|---|
| Meineke Car Care | 7 | 71.4% | 28.3% |
| Blimpie | 9 | 55.6% | 30.6% |
| Tropical Smoothie | 17 | 47.1% | 15.7% |
| Rocky Mountain Chocolate Facto | 5 | 40.0% | 20.6% |
| Petland | 5 | 40.0% | 44.2% |
| Cold Stone Creamery, Inc. | 11 | 36.4% | 33.9% |
| Big O Tires | 7 | 28.6% | 15.7% |
| Dairy Queen | 23 | 26.1% | 10.7% |
| Fastsigns | 5 | 20.0% | 12.0% |
| Port Of Subs | 13 | 15.4% | 16.3% |
Lowest default rates in Nevada
| Franchise | Loans | Default % |
|---|---|---|
| Papa Murphy's Take & Bake Pizz | 12 | 0.0% |
| Arco (gas Station) | 5 | 0.0% |
| Quiznos | 11 | 0.0% |
| Capriotti's Sandwich Shop | 5 | 0.0% |
| Great Clips | 5 | 0.0% |
| Allstate Insurance | 7 | 0.0% |
| Massage Envy | 5 | 0.0% |
| Super 8 Motel | 7 | 0.0% |
| The UPS Store | 5 | 0.0% |
| Firehouse Subs | 6 | 0.0% |
Industry performance (NAICS)
| Industry (NAICS) | Loans | Volume | Default % | Risk |
|---|---|---|---|---|
| Limited-Service Restaurants722513 | 136 | $64.0M | 8.3% | |
| Limited-Service Restaurants722211 | 108 | $33.4M | 26.4% | |
| Fitness & Recreational Sports713940 | 59 | $26.9M | 14.3% | |
| Hotels & Motels721110 | 49 | $98.3M | 2.9% | |
| 722213722213 | 36 | $10.8M | 54.3% | |
| Full-Service Restaurants722511 | 30 | $15.5M | 14.3% | |
| Full-Service Restaurants722110 | 29 | $7.7M | 27.6% | |
| Snack & Beverage Bars722515 | 29 | $14.0M | 14.3% | |
| Beauty Salons812112 | 27 | $9.3M | 11.8% | |
| General Automotive Repair811111 | 26 | $5.4M | 50.0% |
Franchise lending volume by year
2'92
5
9
16
23
19'97
29
38
43
25
34'02
34
42
41
41
48'07
26
9
9
22
9'12
20
23
49
43
52'17
58
62
38
70
49'22
60
55
65
13'26
Nevada default rate by loan vintage
BrandNational avg
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.