FRANCHISE·WATCH·DESK

SBA 7(a)/504 FOIA · FY1991–PRESENT · NORTH DAKOTA

Play It Again Sports franchise in North Dakota: what the public record shows

Franchisees of Play It Again Sports in North Dakota have taken 5 SBA loans in the FY1991–present FOIA files (average $80,000). Fewer than 30 of them were approved through FY2020 and have resolved, so no local loss ratio is published. Play It Again Sports's national ratio is 1.0× (not clearly different from 1.0×).

SBA loan outcomes · North Dakotavs same-year franchise loans

Loans in ND

5

Charged off (all years)

0 of 5

Loss ratio in ND

—

Loss ratio nationally (not clear)

1.0×

Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = ND. 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.

Same-sector systems with SBA loan history in North Dakota2 systems
SystemLoans in NDCharged off (all years)Loss ratio in NDUnits in ND
Ace Hardware110 of 9——
Hardware Hank90 of 6——

Other systems in Play It Again Sports's sector whose franchisees borrowed in North Dakota. A loss ratio appears only where at least 30 loans approved through FY2020 have resolved; “—” means too few.

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