FRANCHISE·WATCH·DESK

SBA 7(a)/504 FOIA · FY1991–PRESENT · ALASKA

General Nutrition Center franchise in Alaska: what the public record shows

Franchisees of General Nutrition Center in Alaska have taken 5 SBA loans in the FY1991–present FOIA files (average $130,550). Fewer than 30 of them were approved through FY2020 and have resolved, so no local loss ratio is published. General Nutrition Center's national ratio is 0.8× (not clearly different from 1.0×).

SBA loan outcomes · Alaskavs same-year franchise loans

Loans in AK

5

Charged off (all years)

0 of 4

Loss ratio in AK

—

Loss ratio nationally (not clear)

0.8×

Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = AK. 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.

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