SBA 7(a)/504 FOIA · FY1991–PRESENT · NEW JERSEY
Exxon franchise in New Jersey: what the public record shows
Franchisees of Exxon in New Jersey have taken 16 SBA loans in the FY1991–present FOIA files (average $285,062). Fewer than 30 of them were approved through FY2020 and have resolved, so no local loss ratio is published. Exxon's national ratio is 0.5×.
Loans in NJ
16
Charged off (all years)
3 of 12
Loss ratio in NJ
—
Loss ratio nationally
0.5×
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = NJ. Loss ratio = charge-offs among loans approved through FY2020 ÷ the charge-offs expected if each had defaulted at the national rate for franchise loans approved the same year; 1.0× is the same. Only charged-off and paid-in-full loans count. A ratio is shown at 30+ such loans; “not clear” marks a ratio chance alone could produce. The all-years count mixes every era and is evidence, not a rate to compare. Borrowers are matched to the brand by name and SBA franchise code; some matches may be wrong or missing.
Businesses in this industry
3,163
statewide, all operators
Per 100k residents
33.3
national 30.2
Versus the country
+10%
denser
Every business in Exxon's industry operating in New Jersey — franchised and independent — from the Census Bureau's County Business Patterns (2023), against 2024 population estimates. Counter-intuitively, density is not a warning: across the brand-state cells in the loan data, denser markets have historically charged off less often than the thinnest (see the research page). A crowded market is usually proven demand; an empty one is often empty for a reason.
Avg weekly wage, this industry
$1,068
New Jersey, BLS QCEW 2025
National average
$1,002
same industry, all states
Versus the country
+7%
costlier to staff
What Exxon's industry actually pays workers in New Jersey, from the Bureau of Labor Statistics' Quarterly Census of Employment and Wages (2025), employment-weighted across counties. This cost signal is 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 NJ | Charged off (all years) | Loss ratio in NJ | Units in NJ |
|---|---|---|---|---|
| Aamco Transmissions | 33 | 4 of 20 | — | — |
| Matco Tools | 32 | 7 of 32 | 1.1×NOT CLEAR | — |
| Maaco | 31 | 0 of 17 | — | — |
| Meineke | 29 | 2 of 18 | — | — |
| Cottman Transmission | 23 | 12 of 21 | — | — |
| Mobil Oil (Stations) | 15 | 0 of 12 | — | — |
| All Tune and Lube | 14 | 3 of 9 | — | — |
| Sunoco Service Station | 9 | 2 of 6 | — | — |
| Midas Muffler Shop | 8 | 2 of 5 | — | — |
| JIFFY LUBE | 7 | 0 of 4 | — | 33 |
| Snap-On | 7 | 1 of 4 | — | — |
| Grease Monkey | 5 | 1 of 4 | — | — |
Other systems in Exxon's sector whose franchisees borrowed in New Jersey. A loss ratio appears only where at least 30 loans approved through FY2020 have resolved; “—” means too few.
A broker is usually paid by the franchisor to place you. I'm paid only by you, never by a franchisor you're considering — and the job is pressure-testing Exxon’s numbers, including talking you out of a bad deal.