SBA 7(a)/504 FOIA · FY1991–PRESENT · SOUTH DAKOTA
Home Instead franchise in South Dakota: what the public record shows
Franchisees of Home Instead in South Dakota have taken 5 SBA loans since 1991 (average $262,580)— 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 1.8% is the better guide. Its latest FDD Item 20 state table reports 4 franchised outlets in South Dakota (fiscal 2025) — about 0.43 per 100k residents.
Loans in SD
5
Resolved
3
Local charge-off
thin
National charge-off
1.8%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = SD. 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 | 4 | — |
| 2024 | 4 | — |
| 2025 | 4 | — |
| System | Loans in SD | Local charge-off | Units in SD |
|---|---|---|---|
| DAIRY QUEEN | 31 | 4.8% | — |
| Subway | 25 | 0.0% | 79 |
| Culligan | 10 | thin | 8 |
| Perkins Restaurants | 8 | thin | — |
| Radioshack | 6 | thin | — |
| Sears Catalog Store | 6 | thin | — |
| SERVICEMASTER RESTORE | 6 | thin | 10 |
| Fastsigns | 5 | thin | — |
Same sector, same state, same public records — how Home Instead compares to the systems a buyer in South Dakota 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 Home Instead's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →