SBA 7(a)/504 FOIA · FY1991–PRESENT · SOUTH DAKOTA
Sears Catalog Store franchise in South Dakota: what the public record shows
Franchisees of Sears Catalog Store in South Dakota have taken 6 SBA loans since 1991 (average $194,000)— too few resolved loans in-state to publish a local failure rate (we require a resolved cohort, never extrapolate), so the brand's national rate of 15.7% is the better guide.
Loans in SD
6
Resolved
6
Local charge-off
thin
National charge-off
15.7%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = SD. 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 of 30 loans.
| System | Loans in SD | Local charge-off | Units in SD |
|---|---|---|---|
| Batteries Plus | 5 | thin | — |
| THE UPS STORE NON-TRADITIONAL | 5 | thin | 13 |
Same sector, same state, same public records — how Sears Catalog Store compares to the systems a buyer in South Dakota 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 Sears Catalog Store's numbers, including talking you out of a bad deal.