SBA 7(a)/504 FOIA · FY1991–PRESENT · MARYLAND
Jimmy John's franchise in Maryland: what the public record shows
Franchisees of Jimmy John's in Maryland have taken 15 SBA loans since 1991 (average $400,026), and of the 13 loans whose story has ended, 15.4% were charged off — versus 5.8% for Jimmy John's nationally and 14.8% across all rateable franchise brands.
Loans in MD
15
Resolved
13
Local charge-off
15.4%
National charge-off
5.8%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = MD. 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.
Businesses in this industry
10,364
statewide, all operators
Per 100k residents
165.5
national 179.9
Versus the country
-8%
thinner
Every business in Jimmy John's's industry operating in Maryland — franchised and independent — from the Census Bureau's County Business Patterns (2023), against 2024 population estimates. Counter-intuitively, density is not a warning: across 198 brand-state cells in our loan data, the densest quartile charges off at 5.6% versus 18.1% in the thinnest. A crowded market is usually proven demand; an empty one is often empty for a reason.
| System | Loans in MD | Local charge-off | Units in MD |
|---|---|---|---|
| Quiznos | 58 | 10.4% | — |
| Dunkin Donuts/Baskin-Robbins Co-Brand | 52 | 10.8% | — |
| Cold Stone Creamery | 31 | 45.5% | — |
| Smoothie King (Health Food Store) | 26 | 18.2% | — |
| Jerry'S Sub Shop | 25 | 27.3% | — |
| Tropical Smoothie Cafe | 24 | thin | 70 |
| Rita'S Real Italian Water Ice | 21 | 6.7% | — |
| Domino's Pizza | 16 | 0.0% | — |
| RITA'S ICE-CUSTARD-HAPPINESS | 16 | thin | — |
| Saladworks | 13 | thin | — |
| Auntie Ann'S (Soft Pretzels) | 11 | thin | — |
| Bruster'S | 11 | thin | — |
Same sector, same state, same public records — how Jimmy John's compares to the systems a buyer in Maryland 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 Jimmy John's's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →