PR
SBA 7(a) franchise lending
Puerto Rico
PR
- Total loans
- 436
- Loan volume
- $86.2M
- Charge-off rate
- 15.3%
- Jobs created
- 4,601
Defaults
58
Avg interest
7.10%
Job velocity
5.3
per $100K loaned
Franchises active
132
Highest charge-off rates in Puerto Rico
| Franchise | Loans | State % | National % |
|---|---|---|---|
| Blimpie | 6 | charge-off rate: 50.0% | 30.6% |
| Quizno's Subs | 6 | charge-off rate: 50.0% | 36.8% |
| Carvel Ice Cream | 11 | charge-off rate: 36.4% | 42.7% |
| Taco Maker | 34 | charge-off rate: 26.5% | 30.9% |
| Post Net | 22 | charge-off rate: 13.6% | 19.9% |
| The Taco Maker | 8 | charge-off rate: 12.5% | 11.1% |
| Martin's Bbq | 9 | charge-off rate: 11.1% | 11.1% |
| Yogen Fruz | 13 | charge-off rate: 7.7% | 11.1% |
| Quiznos | 14 | charge-off rate: 7.1% | 28.1% |
| Subway Sandwich Shop | 75 | charge-off rate: 5.3% | 6.1% |
Lowest charge-off rates in Puerto Rico
| Franchise | Loans | Default % |
|---|---|---|
| Checkers Drive-In Restaurant | 5 | charge-off rate: 0.0% |
| Cold Stone Creamery, Inc. | 7 | charge-off rate: 0.0% |
| Marco's Pizza | 5 | charge-off rate: 0.0% |
| Marco's Pizza | 6 | charge-off rate: 0.0% |
| Subway | 10 | charge-off rate: 0.0% |
| Subway Sandwich Shop | 75 | charge-off rate: 5.3% |
| Quiznos | 14 | charge-off rate: 7.1% |
| Yogen Fruz | 13 | charge-off rate: 7.7% |
| Martin's Bbq | 9 | charge-off rate: 11.1% |
| The Taco Maker | 8 | charge-off rate: 12.5% |
Industry performance (NAICS)
| Industry (NAICS) | Loans | Volume | Default % | Risk |
|---|---|---|---|---|
| Limited-Service Restaurants722211 | 105 | $19.7M | charge-off rate: 22.1% | |
| Limited-Service Restaurants722513 | 57 | $12.0M | charge-off rate: 10.5% | |
| Full-Service Restaurants722511 | 28 | $11.3M | charge-off rate: 0.0% | |
| Full-Service Restaurants722110 | 18 | $3.9M | charge-off rate: 11.1% | |
| Other Specialty Food Stores445299 | 16 | $1.9M | charge-off rate: 20.0% | |
| 722213722213 | 12 | $2.5M | charge-off rate: 16.7% | |
| 491110491110 | 8 | $766K | charge-off rate: 12.5% | |
| Gasoline Stations with Convenience Stores447110 | 6 | $530K | charge-off rate: 0.0% | |
| Private Mail Centers561431 | 6 | $535K | charge-off rate: 0.0% | |
| Drycleaning & Laundry812320 | 6 | $1.3M | charge-off rate: 33.3% |
Franchise lending volume by year
3'92
6
3
7
13
13'97
22
24
16
17
19'02
19
21
28
13
30'07
16
10
9
13
11'12
6
11
17
9
13'17
7
16
6
12
7'22
6
7
3
3'26
Puerto Rico 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 Puerto Rico received?
- 436 loans totaling $86.2M, with 58 charged off. The statewide charge-off rate is 15.3%.
- 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 Puerto Rico?
- The “Highest charge-off rates” and “Lowest charge-off rates” tables above rank the franchise brands operating in Puerto Rico 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.