SBA 7(a)/504 FOIA · FY1991–PRESENT · MISSOURI
Subway franchise in Missouri: what the public record shows
Franchisees of Subway in Missouri have taken 117 SBA loans since 1991 (average $163,084), and of the 93 loans whose story has ended, 4.3% 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 405 franchised outlets in Missouri (fiscal 2025) — about 6.48 per 100k residents.
Loans in MO
117
Resolved
93
Local charge-off
4.3%
National charge-off
6.8%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = MO. 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 | 426 | 0 |
| 2024 | 424 | 0 |
| 2025 | 405 | 0 |
| System | Loans in MO | Local charge-off | Units in MO |
|---|---|---|---|
| DAIRY QUEEN | 96 | 8.2% | — |
| Matco Tools | 26 | 23.8% | — |
| QUALITY INN | 25 | 15.4% | 37 |
| MASSAGE ENVY | 22 | 0.0% | 15 |
| Blimpie | 21 | 23.5% | — |
| JERSEY MIKE'S | 20 | 0.0% | 34 |
| ECONO LODGE | 16 | 27.3% | 14 |
| Minuteman Press | 13 | 40.0% | — |
| Radioshack | 13 | 36.4% | — |
| H&R Block | 12 | 0.0% | 121 |
| PETLAND | 12 | 45.5% | 6 |
| Computer Renaissance | 11 | thin | — |
Same sector, same state, same public records — how Subway compares to the systems a buyer in Missouri 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.