SBA 7(a)/504 FOIA · FY1991–PRESENT · MISSISSIPPI
CRUMBL franchise in Mississippi: what the public record shows
Franchisees of CRUMBL in Mississippi have taken 5 SBA loans since 1991 (average $353,860)— 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 0.0% is the better guide. Its latest FDD Item 20 state table reports 8 franchised outlets in Mississippi (fiscal 2025) — about 0.27 per 100k residents.
Loans in MS
5
Resolved
3
Local charge-off
thin
National charge-off
0.0%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = MS. 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.
| Fiscal year | Franchised | Company-owned |
|---|---|---|
| 2023 | 8 | — |
| 2024 | 9 | — |
| 2025 | 8 | — |
| System | Loans in MS | Local charge-off | Units in MS |
|---|---|---|---|
| Subway | 52 | 5.3% | 261 |
| QUALITY INN | 18 | 20.0% | 28 |
| DAIRY QUEEN | 11 | thin | — |
| ECONO LODGE | 11 | thin | 23 |
| Wyndham | 7 | thin | — |
| SLEEP INN | 5 | thin | 4 |
Same sector, same state, same public records — how CRUMBL compares to the systems a buyer in Mississippi 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 CRUMBL's numbers, including talking you out of a bad deal.