SBA 7(a)/504 FOIA · FY1991–PRESENT · NEW MEXICO
Blimpie franchise in New Mexico: what the public record shows
Franchisees of Blimpie in New Mexico have taken 6 SBA loans since 1991 (average $97,561)— too few resolved loans in-state to publish a local failure rate (we require a resolved cohort, never extrapolate), so the brand's national rate of 29.8% is the better guide.
Loans in NM
6
Resolved
3
Local charge-off
thin
National charge-off
29.8%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = NM. 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 of 30 loans.
| System | Loans in NM | Local charge-off | Units in NM |
|---|---|---|---|
| Subway | 43 | 6.5% | 131 |
| BIG O TIRES | 23 | 8.3% | 20 |
| QUALITY INN | 17 | 10.0% | 24 |
| DAIRY QUEEN | 16 | 0.0% | — |
| ECONO LODGE | 12 | thin | 16 |
| Fastsigns | 6 | thin | — |
| Matco Tools | 6 | thin | — |
| RODEWAY INN | 6 | thin | 10 |
| Wyndham | 6 | thin | 0 |
| ALPHAGRAPHICS | 5 | thin | — |
| Radioshack | 5 | thin | — |
Same sector, same state, same public records — how Blimpie compares to the systems a buyer in New Mexico 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 Blimpie's numbers, including talking you out of a bad deal.