SBA 7(a)/504 FOIA · FY1991–PRESENT · OKLAHOMA
JERSEY MIKE'S franchise in Oklahoma: what the public record shows
Franchisees of JERSEY MIKE'S in Oklahoma have taken 15 SBA loans since 1991 (average $179,253), and of the 13 loans whose story has ended, 0.0% were charged off — versus 4.1% for JERSEY MIKE'S nationally and 14.8% across all rateable franchise brands. Its latest FDD Item 20 state table reports 22 franchised outlets in Oklahoma (fiscal 2025) — about 0.54 per 100k residents.
Loans in OK
15
Resolved
13
Local charge-off
0.0%
National charge-off
4.1%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = OK. 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.
| Fiscal year | Franchised | Company-owned |
|---|---|---|
| 2023 | 20 | — |
| 2024 | 21 | — |
| 2025 | 22 | — |
| System | Loans in OK | Local charge-off | Units in OK |
|---|---|---|---|
| Subway | 150 | 6.7% | 276 |
| Matco Tools | 15 | 42.9% | — |
| QUALITY INN | 12 | thin | 24 |
| DAIRY QUEEN | 9 | thin | — |
| Fastsigns | 9 | thin | — |
| Minuteman Press | 9 | thin | — |
| HOTWORX | 8 | thin | 17 |
| PRECISION TUNE FRANCHISE AGREEMENT | 7 | thin | 9 |
| Uptown Cheapskate | 7 | thin | — |
| Blimpie | 6 | thin | — |
| MERLE NORMAN COSMETICS | 6 | thin | 25 |
| D-Bat | 5 | thin | 4 |
Same sector, same state, same public records — how JERSEY MIKE'S compares to the systems a buyer in Oklahoma 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.