SBA 7(a)/504 FOIA · FY1991–PRESENT · GEORGIA
Subway franchise in Georgia: what the public record shows
Franchisees of Subway in Georgia have taken 119 SBA loans since 1991 (average $256,893), and of the 85 loans whose story has ended, 5.9% 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 634 franchised outlets in Georgia (fiscal 2025) — about 5.67 per 100k residents.
Loans in GA
119
Resolved
85
Local charge-off
5.9%
National charge-off
6.8%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = GA. 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 | 688 | 0 |
| 2024 | 664 | 0 |
| 2025 | 634 | 0 |
| System | Loans in GA | Local charge-off | Units in GA |
|---|---|---|---|
| DAIRY QUEEN | 89 | 7.7% | — |
| Firehouse Subs | 54 | 2.4% | 93 |
| Matco Tools | 33 | 16.1% | — |
| HOTWORX | 31 | 0.0% | 34 |
| EDIBLE ARRANGEMENTS | 22 | 6.3% | 31 |
| Fastsigns | 21 | 23.1% | — |
| Sport Clips | 21 | 0.0% | 60 |
| BEEF O' BRADY'S FAMILY SPORTS PUBS | 19 | 83.3% | 4 |
| MASSAGE ENVY | 18 | 23.5% | 30 |
| Allstate Insurance | 17 | 14.3% | — |
| Plato'S Closet | 16 | thin | — |
| RODEWAY INN | 16 | thin | 21 |
Same sector, same state, same public records — how Subway compares to the systems a buyer in Georgia would actually be choosing between. Local rates under 10 resolved loans are marked thin, not hidden.
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