SBA 7(a)/504 FOIA · FY1991–PRESENT · SOUTH CAROLINA
Allstate Insurance franchise in South Carolina: what the public record shows
Franchisees of Allstate Insurance in South Carolina have taken 11 SBA loans since 1991 (average $411,900), and of the 10 loans whose story has ended, 0.0% were charged off — versus 3.5% for Allstate Insurance nationally and 14.8% across all rateable franchise brands.
Loans in SC
11
Resolved
10
Local charge-off
0.0%
National charge-off
3.5%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = SC. Charge-off rate = charged-off ÷ (charged-off + paid-in-full); open loans excluded. A local rate is published only when the resolved cohort clears our floor.
Businesses in this industry
467
statewide, all operators
Per 100k residents
8.5
national 8.1
Versus the country
+5%
denser
Every business in Allstate Insurance's industry operating in South Carolina — franchised and independent — from the Census Bureau's County Business Patterns (2023), against 2024 population estimates. Counter-intuitively, density is not a warning: across 198 brand-state cells in our loan data, the densest quartile charges off at 5.6% versus 18.1% in the thinnest. A crowded market is usually proven demand; an empty one is often empty for a reason.
Avg weekly wage, this industry
$920
South Carolina, BLS QCEW 2025
National average
$1,212
same industry, all states
Versus the country
-24%
cheaper to staff
What Allstate Insurance's industry actually pays workers in South Carolina, from the Bureau of Labor Statistics' Quarterly Census of Employment and Wages (2025), employment-weighted across counties. This is a real cost signal independent of the FDD — a market can look demand-rich above and still carry a margin headwind here if local wages run hot for the sector.
| System | Loans in SC | Local charge-off | Units in SC |
|---|---|---|---|
| Mail Boxes Etc. Usa | 12 | thin | — |
| AMERIPRISE FINANCIAL SERVICES LLC | 10 | thin | — |
Same sector, same state, same public records — how Allstate Insurance compares to the systems a buyer in South Carolina would actually be choosing between. Local rates under 10 resolved loans are marked thin, not hidden.
A broker is paid by the franchisor to place you. I'm paid by you — and the job is pressure-testing Allstate Insurance's numbers, including talking you out of a bad deal.