SBA 7(a)/504 FOIA · FY1991–PRESENT · NORTH CAROLINA
Cottman Transmission franchise in North Carolina: what the public record shows
Franchisees of Cottman Transmission in North Carolina have taken 15 SBA loans since 1991 (average $340,820), and of the 11 loans whose story has ended, 9.1% were charged off — versus 36.1% for Cottman Transmission nationally and 14.8% across all rateable franchise brands.
Loans in NC
15
Resolved
11
Local charge-off
9.1%
National charge-off
36.1%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = NC. 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
3,367
statewide, all operators
Per 100k residents
30.5
national 30.2
Versus the country
+1%
denser
Every business in Cottman Transmission's industry operating in North 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.
| System | Loans in NC | Local charge-off | Units in NC |
|---|---|---|---|
| Meineke | 39 | 9.7% | — |
| Aamco Transmissions | 19 | 16.7% | — |
| Exxon | 18 | thin | — |
| Grease Monkey | 16 | 0.0% | — |
| All Tune and Lube | 11 | thin | — |
| Christian Brothers Automotive | 10 | thin | — |
| Speedee Oil Change & Tune-Up | 10 | thin | — |
| Maaco Auto Painting Center | 9 | thin | — |
| Pirtek | 7 | thin | — |
| Citgo Service Station | 6 | thin | — |
| Midas Muffler Shop | 6 | thin | — |
| Shell Service Station | 5 | thin | — |
Same sector, same state, same public records — how Cottman Transmission compares to the systems a buyer in North 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. An independent CPA is paid by you — and the job is pressure-testing Cottman Transmission's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →