SBA 7(a)/504 FOIA · FY1991–PRESENT · LOUISIANA
Meineke franchise in Louisiana: what the public record shows
Franchisees of Meineke in Louisiana have taken 15 SBA loans in the FY1991–present FOIA files (average $293,540). Fewer than 30 of them were approved through FY2020 and have resolved, so no local loss ratio is published. Meineke's national ratio is 1.5×.
Loans in LA
15
Charged off (all years)
4 of 11
Loss ratio in LA
—
Loss ratio nationally
1.5×
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = LA. 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
937
statewide, all operators
Per 100k residents
20.4
national 30.2
Versus the country
-32%
thinner
Every business in Meineke's industry operating in Louisiana — 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
$848
Louisiana, BLS QCEW 2025
National average
$1,002
same industry, all states
Versus the country
-15%
cheaper to staff
What Meineke's industry actually pays workers in Louisiana, 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.
| System | Loans in LA | Charged off (all years) | Loss ratio in LA | Units in LA |
|---|---|---|---|---|
| Exxon | 19 | 0 of 10 | — | — |
| Matco Tools | 13 | 5 of 13 | — | — |
| Shell Service Station | 11 | 1 of 9 | — | — |
| Chevron (Gas Station) | 8 | 1 of 6 | — | — |
| Midas Muffler Shop | 7 | 2 of 5 | — | — |
| Precision Tune Auto Care | 7 | 1 of 5 | — | 5 |
| Speedee Oil Change & Tune-Up | 6 | 0 of 1 | — | — |
| Ford Motor (Dealers) | 5 | 0 of 3 | — | — |
Other systems in Meineke's sector whose franchisees borrowed in Louisiana. 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 Meineke’s numbers, including talking you out of a bad deal.