SBA 7(a)/504 FOIA · FY1991–PRESENT · IDAHO
JERSEY MIKE'S franchise in Idaho: what the public record shows
Franchisees of JERSEY MIKE'S in Idaho have taken 5 SBA loans in the FY1991–present FOIA files (average $385,000). Fewer than 30 of them were approved through FY2020 and have resolved, so no local loss ratio is published. JERSEY MIKE'S's national ratio is 0.4×. Its latest FDD Item 20 state table reports 18 franchised outlets in Idaho (fiscal 2025) — about 0.9 per 100k residents.
Loans in ID
5
Charged off (all years)
0 of 3
Loss ratio in ID
—
Loss ratio nationally
0.4×
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = ID. 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
3,287
statewide, all operators
Per 100k residents
164.2
national 179.9
Versus the country
-9%
thinner
Every business in JERSEY MIKE'S's industry operating in Idaho — 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
$443
Idaho, BLS QCEW 2025
National average
$537
same industry, all states
Versus the country
-18%
cheaper to staff
What JERSEY MIKE'S's industry actually pays workers in Idaho, 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.
| Fiscal year | Franchised | Company-owned |
|---|---|---|
| 2023 | 12 | — |
| 2024 | 17 | — |
| 2025 | 18 | — |
| System | Loans in ID | Charged off (all years) | Loss ratio in ID | Units in ID |
|---|---|---|---|---|
| Subway | 51 | 1 of 42 | 0.1× | 110 |
| Dutch Bros. Coffee | 19 | 0 of 14 | — | — |
| Quiznos | 18 | 4 of 17 | — | — |
| DAIRY QUEEN | 15 | 0 of 9 | — | — |
| Blimpie | 13 | 1 of 10 | — | — |
| Cold Stone Creamery | 13 | 3 of 8 | — | — |
| Domino's Pizza | 13 | 0 of 13 | — | — |
| Papa Murphy'S | 13 | 0 of 10 | — | — |
| Jimmy John's | 10 | 0 of 8 | — | — |
| GREAT HARVEST BREAD CO. | 9 | 1 of 7 | — | — |
| A&W | 7 | 2 of 5 | — | 8 |
| TCBY | 7 | 0 of 6 | — | — |
Other systems in JERSEY MIKE'S's sector whose franchisees borrowed in Idaho. 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 JERSEY MIKE'S numbers, including talking you out of a bad deal.