SBA 7(a)/504 FOIA · FY1991–PRESENT · SOUTH CAROLINA
JERSEY MIKE'S franchise in South Carolina: what the public record shows
Franchisees of JERSEY MIKE'S in South Carolina have taken 17 SBA loans since 1991 (average $243,953), and of the 17 loans whose story has ended, 5.9% 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 98 franchised outlets in South Carolina (fiscal 2025) — about 1.79 per 100k residents.
Loans in SC
17
Resolved
17
Local charge-off
5.9%
National charge-off
4.1%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = SC. 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 | 87 | — |
| 2024 | 93 | — |
| 2025 | 98 | — |
| System | Loans in SC | Local charge-off | Units in SC |
|---|---|---|---|
| QUALITY INN | 67 | 9.3% | 55 |
| Subway | 58 | 4.8% | 320 |
| SLEEP INN | 25 | 0.0% | 18 |
| ECONO LODGE | 20 | 15.4% | 19 |
| DAIRY QUEEN | 13 | 18.2% | — |
| MASSAGE ENVY | 12 | 10.0% | 17 |
| Plato'S Closet | 11 | thin | — |
| Blimpie | 10 | thin | — |
| Country Inn | 10 | thin | 10 |
| Signarama | 10 | thin | — |
| BEEF O' BRADY'S FAMILY SPORTS PUBS | 9 | thin | 1 |
| Fastsigns | 8 | thin | — |
Same sector, same state, same public records — how JERSEY MIKE'S compares to the systems a buyer in South Carolina 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.