SBA 7(a)/504 FOIA · FY1991–PRESENT · ALABAMA
Piggly Wiggly franchise in Alabama: what the public record shows
Franchisees of Piggly Wiggly in Alabama have taken 13 SBA loans in the FY1991–present FOIA files (average $397,938). Fewer than 30 of them were approved through FY2020 and have resolved, so no local loss ratio is published. Piggly Wiggly's national ratio is 1.0× (not clearly different from 1.0×).
Loans in AL
13
Charged off (all years)
2 of 10
Loss ratio in AL
—
Loss ratio nationally (not clear)
1.0×
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = AL. 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.
| System | Loans in AL | Charged off (all years) | Loss ratio in AL | Units in AL |
|---|---|---|---|---|
| Ace Hardware | 17 | 1 of 11 | — | — |
| Cartridge World | 8 | 2 of 4 | — | — |
| Fleet Feet | 7 | 0 of 5 | — | 3 |
| Naturals2Go | 7 | 0 of 1 | — | — |
| HobbyTown | 5 | 0 of 3 | — | — |
| Sears Catalog Store | 5 | 1 of 5 | — | — |
Other systems in Piggly Wiggly's sector whose franchisees borrowed in Alabama. A loss ratio appears only where at least 30 loans approved through FY2020 have resolved; “—” means too few.
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