SBA 7(a)/504 FOIA · FY1991–PRESENT · TENNESSEE
Matco Tools franchise in Tennessee: what the public record shows
Franchisees of Matco Tools in Tennessee have taken 18 SBA loans since 1991 (average $92,061), and of the 16 loans whose story has ended, 68.8% were charged off — versus 34.7% for Matco Tools nationally and 14.8% across all rateable franchise brands.
Loans in TN
18
Resolved
16
Local charge-off
68.8%
National charge-off
34.7%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = TN. 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.
| System | Loans in TN | Local charge-off | Units in TN |
|---|---|---|---|
| Subway | 49 | 2.4% | 524 |
| DAIRY QUEEN | 35 | 7.7% | — |
| QUALITY INN | 30 | 11.8% | 69 |
| SLEEP INN | 16 | 8.3% | 21 |
| ECONO LODGE | 14 | 40.0% | 35 |
| HOTWORX | 14 | thin | 26 |
| Country Inn | 13 | thin | 13 |
| Sport Clips | 13 | 0.0% | 46 |
| Blimpie | 12 | thin | — |
| JERSEY MIKE'S | 12 | thin | 69 |
| MASSAGE ENVY | 9 | thin | 23 |
| Plato'S Closet | 9 | thin | — |
Same sector, same state, same public records — how Matco Tools compares to the systems a buyer in Tennessee 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 Matco Tools's numbers, including talking you out of a bad deal.