SBA 7(a)/504 FOIA · FY1991–PRESENT · LOUISIANA
Subway franchise in Louisiana: what the public record shows
Franchisees of Subway in Louisiana have taken 97 SBA loans since 1991 (average $155,533), and of the 80 loans whose story has ended, 7.5% 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 378 franchised outlets in Louisiana (fiscal 2025) — about 8.22 per 100k residents.
Loans in LA
97
Resolved
80
Local charge-off
7.5%
National charge-off
6.8%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = LA. 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 | 399 | 0 |
| 2024 | 389 | 0 |
| 2025 | 378 | 0 |
| System | Loans in LA | Local charge-off | Units in LA |
|---|---|---|---|
| DAIRY QUEEN | 15 | 30.0% | — |
| Firehouse Subs | 13 | thin | 13 |
| Matco Tools | 13 | 38.5% | — |
| HOTWORX | 12 | thin | 25 |
| MERLE NORMAN COSMETICS | 10 | thin | 33 |
| EDIBLE ARRANGEMENTS | 8 | thin | 7 |
| MASSAGE ENVY | 7 | thin | 13 |
| PRECISION TUNE FRANCHISE AGREEMENT | 7 | thin | 5 |
| Budget Blinds | 6 | thin | — |
| Fastsigns | 6 | thin | — |
| JANI-KING | 6 | thin | 333 |
| Wyndham | 5 | thin | — |
Same sector, same state, same public records — how Subway compares to the systems a buyer in Louisiana would actually be choosing between. Local rates under 10 resolved loans are marked thin, not hidden.
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