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SBA 7(a) franchise lending
Oklahoma
OK
- Total loans
- 1,599
- Loan volume
- $765.3M
- Default rate
- 18.1%
- Jobs created
- 20,034
Defaults
215
Avg interest
6.68%
Job velocity
2.6
per $100K loaned
Franchises active
661
Highest default rates in Oklahoma
| Franchise | Loans | State % | National % |
|---|---|---|---|
| Chicken Salad Chick | 5 | 100.0% | 38.5% |
| Cornwell Quality Tool Company, | 10 | 80.0% | 35.4% |
| Golf U.s.a. (retail Golf Equip | 8 | 50.0% | 46.1% |
| MAACO Auto Painting Center | 6 | 50.0% | 20.9% |
| Ace Hardware | 6 | 50.0% | 14.8% |
| Servpro | 6 | 50.0% | 7.3% |
| Alta Mere Window Tinting & Aut | 11 | 45.5% | 37.9% |
| Matco Tools (rent Tools) | 14 | 42.9% | 34.8% |
| AAMCO Transmissions | 7 | 42.9% | 31.8% |
| Minuteman Press | 5 | 40.0% | 24.0% |
Lowest default rates in Oklahoma
| Franchise | Loans | Default % |
|---|---|---|
| Best Western Inn | 7 | 0.0% |
| Snap-On-Tools | 8 | 0.0% |
| Curves For Women | 14 | 0.0% |
| Kentucky Fried Chicken | 6 | 0.0% |
| Days Inn | 10 | 0.0% |
| Midas Muffler Shop | 5 | 0.0% |
| Precision Tune | 5 | 0.0% |
| Little Ceasar's Pizza | 5 | 0.0% |
| Mazzio's Pizza | 10 | 0.0% |
| Christian Brothers Automotive | 10 | 0.0% |
Industry performance (NAICS)
| Industry (NAICS) | Loans | Volume | Default % | Risk |
|---|---|---|---|---|
| Limited-Service Restaurants722211 | 175 | $43.0M | 17.7% | |
| Limited-Service Restaurants722513 | 166 | $73.4M | 16.8% | |
| Hotels & Motels721110 | 99 | $230.5M | 11.8% | |
| Full-Service Restaurants722110 | 88 | $27.7M | 11.4% | |
| Fitness & Recreational Sports713940 | 57 | $17.0M | 5.3% | |
| Full-Service Restaurants722511 | 51 | $26.7M | 16.7% | |
| General Automotive Repair811111 | 36 | $13.1M | 32.0% | |
| Snack & Beverage Bars722515 | 26 | $17.4M | 33.3% | |
| Hardware Stores444130 | 24 | $5.3M | 31.8% | |
| Child Day Care Services624410 | 23 | $42.0M | 0.0% |
Franchise lending volume by year
26'92
24
37
57
45
21'97
34
32
40
37
51'02
59
53
72
53
48'07
33
24
31
33
37'12
32
42
59
53
38'17
63
53
50
91
82'22
79
55
47
8'26
Oklahoma default 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
Default rate = charge-offs / (charge-offs + paid-in-full). Active, exempt, and cancelled loans are excluded. Job velocity = jobs created per $100K loaned.