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SBA 7(a) franchise lending
Texas
TX
- Total loans
- 16,560
- Loan volume
- $10.6B
- Default rate
- 20.5%
- Jobs created
- 207,252
Defaults
2,282
Avg interest
7.12%
Job velocity
1.9
per $100K loaned
Franchises active
2,845
Highest default rates in Texas
| Franchise | Loans | State % | National % |
|---|---|---|---|
| Arthur Treacher's | 7 | 100.0% | 44.4% |
| Chem-Dry | 5 | 100.0% | 29.4% |
| 24 Seven Vending | 13 | 100.0% | 73.3% |
| Dinner Station (the) | 6 | 100.0% | 100.0% |
| Sub Zero Ice Cream | 6 | 100.0% | 64.3% |
| Wireless Zone | 6 | 100.0% | 37.5% |
| Carvel Ice Cream | 12 | 91.7% | 42.7% |
| Econo Lub N Tune | 10 | 90.0% | 36.2% |
| Dream Dinners | 7 | 85.7% | 50.0% |
| Wings-N-Things | 7 | 85.7% | 82.4% |
Lowest default rates in Texas
| Franchise | Loans | Default % |
|---|---|---|
| Comfort Inn | 30 | 0.0% |
| Jack-In-The-Box | 12 | 0.0% |
| Burger King | 12 | 0.0% |
| Mr. Payroll Corporation | 6 | 0.0% |
| Wendy's | 10 | 0.0% |
| Texas State Optical | 11 | 0.0% |
| Shipley Donut Shop | 7 | 0.0% |
| Batteries Plus | 11 | 0.0% |
| Express Personnel Services | 11 | 0.0% |
| Denny's Restaurant | 15 | 0.0% |
Industry performance (NAICS)
| Industry (NAICS) | Loans | Volume | Default % | Risk |
|---|---|---|---|---|
| Limited-Service Restaurants722513 | 1,259 | $687.5M | 14.9% | |
| Hotels & Motels721110 | 1,252 | $3.1B | 6.0% | |
| Limited-Service Restaurants722211 | 1,187 | $318.7M | 27.1% | |
| Fitness & Recreational Sports713940 | 835 | $323.7M | 25.8% | |
| Child Day Care Services624410 | 576 | $1.0B | 5.5% | |
| Snack & Beverage Bars722515 | 532 | $250.7M | 19.1% | |
| Gasoline Stations with Convenience Stores447110 | 530 | $748.0M | 4.2% | |
| Full-Service Restaurants722511 | 461 | $312.1M | 17.8% | |
| Beauty Salons812112 | 431 | $114.3M | 14.4% | |
| Full-Service Restaurants722110 | 430 | $157.2M | 26.7% |
Franchise lending volume by year
73'92
137
208
336
375
331'97
270
353
416
347
408'02
495
556
487
341
353'07
308
222
257
218
231'12
302
502
627
689
706'17
860
827
723
989
847'22
984
759
853
170'26
Texas 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.