SBA 7(a)/504 FOIA · FY1991–PRESENT · SOUTH CAROLINA
Subway franchise in South Carolina: what the public record shows
Franchisees of Subway in South Carolina have taken 58 SBA loans since 1991 (average $284,458), and of the 42 loans whose story has ended, 4.8% 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 320 franchised outlets in South Carolina (fiscal 2025) — about 5.84 per 100k residents.
Loans in SC
58
Resolved
42
Local charge-off
4.8%
National charge-off
6.8%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = SC. 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 | 335 | 0 |
| 2024 | 326 | 0 |
| 2025 | 320 | 0 |
| System | Loans in SC | Local charge-off | Units in SC |
|---|---|---|---|
| DAIRY QUEEN | 13 | 18.2% | — |
| JERSEY MIKE'S | 12 | 8.3% | 98 |
| MASSAGE ENVY | 12 | 10.0% | 17 |
| Allstate Insurance | 11 | 0.0% | — |
| Plato'S Closet | 11 | thin | — |
| Signarama | 10 | thin | — |
| BEEF O' BRADY'S FAMILY SPORTS PUBS | 9 | thin | 1 |
| Firehouse Subs | 9 | thin | 50 |
| Fastsigns | 8 | thin | — |
| RODEWAY INN | 7 | thin | 11 |
| Sport Clips | 7 | thin | 36 |
| Uptown Cheapskate | 7 | thin | — |
Same sector, same state, same public records — how Subway compares to the systems a buyer in South Carolina would actually be choosing between. Local rates under 10 resolved loans are marked thin, not hidden.
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