SBA 7(a)/504 FOIA · FY1991–PRESENT · KENTUCKY
Subway franchise in Kentucky: what the public record shows
Franchisees of Subway in Kentucky have taken 145 SBA loans since 1991 (average $193,954), and of the 120 loans whose story has ended, 6.7% 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 343 franchised outlets in Kentucky (fiscal 2025) — about 7.47 per 100k residents.
Loans in KY
145
Resolved
120
Local charge-off
6.7%
National charge-off
6.8%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = KY. 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 | 351 | 0 |
| 2024 | 348 | 0 |
| 2025 | 343 | 0 |
| System | Loans in KY | Local charge-off | Units in KY |
|---|---|---|---|
| DAIRY QUEEN | 27 | 10.0% | — |
| ECONO LODGE | 19 | 0.0% | 14 |
| QUALITY INN | 17 | thin | 35 |
| Minuteman Press | 15 | 18.2% | — |
| Radioshack | 13 | 7.7% | — |
| Home Instead | 8 | thin | 9 |
| BEEF O' BRADY'S FAMILY SPORTS PUBS | 7 | thin | 4 |
| redbox+ | 7 | thin | — |
| SERVICEMASTER RESTORE | 7 | thin | 22 |
| Signarama | 7 | thin | — |
| Blimpie | 6 | thin | — |
| CRUMBL | 6 | thin | 15 |
Same sector, same state, same public records — how Subway compares to the systems a buyer in Kentucky 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.