SBA 7(a)/504 FOIA · FY1991–PRESENT · ARKANSAS
Subway franchise in Arkansas: what the public record shows
Franchisees of Subway in Arkansas have taken 34 SBA loans since 1991 (average $176,255), and of the 31 loans whose story has ended, 6.5% were charged off — versus 6.8% for Subway nationally and 14.8% across all rateable franchise brands. Its latest FDD Item 20 state table reports 240 franchised outlets in Arkansas (fiscal 2025) — about 7.77 per 100k residents.
Loans in AR
34
Resolved
31
Local charge-off
6.5%
National charge-off
6.8%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = AR. 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.
| Fiscal year | Franchised | Company-owned |
|---|---|---|
| 2023 | 245 | 0 |
| 2024 | 238 | 0 |
| 2025 | 240 | 0 |
| System | Loans in AR | Local charge-off | Units in AR |
|---|---|---|---|
| DAIRY QUEEN | 9 | thin | — |
| Matco Tools | 8 | thin | — |
| QUALITY INN | 7 | thin | 32 |
| Culligan | 6 | thin | 3 |
| ECONO LODGE | 6 | thin | 8 |
| GLO Tanning | 6 | thin | 10 |
| JERSEY MIKE'S | 6 | thin | 16 |
| Radioshack | 6 | thin | — |
| MERLE NORMAN COSMETICS | 5 | thin | 29 |
Same sector, same state, same public records — how Subway compares to the systems a buyer in Arkansas 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 Subway's numbers, including talking you out of a bad deal.