SBA 7(a)/504 FOIA · FY1991–PRESENT · ARKANSAS
JERSEY MIKE'S franchise in Arkansas: what the public record shows
Franchisees of JERSEY MIKE'S in Arkansas have taken 6 SBA loans since 1991 (average $399,166)— 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 4.1% is the better guide. Its latest FDD Item 20 state table reports 16 franchised outlets in Arkansas (fiscal 2025) — about 0.52 per 100k residents.
Loans in AR
6
Resolved
2
Local charge-off
thin
National charge-off
4.1%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = AR. 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 | 11 | — |
| 2024 | 14 | — |
| 2025 | 16 | — |
| System | Loans in AR | Local charge-off | Units in AR |
|---|---|---|---|
| Subway | 34 | 6.5% | 240 |
| DAIRY QUEEN | 9 | thin | — |
| Matco Tools | 8 | thin | — |
| QUALITY INN | 7 | thin | 32 |
| Culligan | 6 | thin | 3 |
| ECONO LODGE | 6 | thin | 8 |
| GLO Tanning | 6 | thin | 10 |
| Radioshack | 6 | thin | — |
| MERLE NORMAN COSMETICS | 5 | thin | 29 |
Same sector, same state, same public records — how JERSEY MIKE'S compares to the systems a buyer in Arkansas 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 JERSEY MIKE'S's numbers, including talking you out of a bad deal.