SBA 7(a)/504 FOIA · FY1991–PRESENT · MASSACHUSETTS
Exxon franchise in Massachusetts: what the public record shows
Franchisees of Exxon in Massachusetts have taken 11 SBA loans since 1991 (average $475,500)— 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 5.5% is the better guide.
Loans in MA
11
Resolved
5
Local charge-off
thin
National charge-off
5.5%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = MA. 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.
Businesses in this industry
2,250
statewide, all operators
Per 100k residents
31.5
national 30.2
Versus the country
+4%
denser
Every business in Exxon's industry operating in Massachusetts — 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
$1,145
Massachusetts, BLS QCEW 2025
National average
$1,002
same industry, all states
Versus the country
+14%
costlier to staff
What Exxon's industry actually pays workers in Massachusetts, 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 MA | Local charge-off | Units in MA |
|---|---|---|---|
| Meineke | 24 | 16.7% | — |
| Shell Service Station | 15 | thin | — |
| Midas Muffler Shop | 13 | thin | — |
| Napa Auto Parts | 13 | thin | — |
| Cottman Transmission | 12 | thin | — |
| Aamco Transmissions | 11 | thin | — |
| Sunoco Service Station | 11 | thin | — |
| Mobil Oil (Stations) | 9 | thin | — |
| Maaco Auto Painting Center | 6 | thin | — |
| Pirtek | 5 | thin | — |
Same sector, same state, same public records — how Exxon compares to the systems a buyer in Massachusetts 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 Exxon's numbers, including talking you out of a bad deal.