SBA 7(a)/504 FOIA · FY1991–PRESENT · NORTH DAKOTA
The Extreme Pita franchise in North Dakota: what the public record shows
Franchisees of The Extreme Pita in North Dakota have taken 6 SBA loans in the FY1991–present FOIA files (average $142,566). Fewer than 30 of them were approved through FY2020 and have resolved, so no local loss ratio is published. The Extreme Pita's national ratio is 3.5×.
Loans in ND
6
Charged off (all years)
1 of 4
Loss ratio in ND
—
Loss ratio nationally
3.5×
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = ND. Loss ratio = charge-offs among loans approved through FY2020 ÷ the charge-offs expected if each had defaulted at the national rate for franchise loans approved the same year; 1.0× is the same. Only charged-off and paid-in-full loans count. A ratio is shown at 30+ such loans; “not clear” marks a ratio chance alone could produce. The all-years count mixes every era and is evidence, not a rate to compare. Borrowers are matched to the brand by name and SBA franchise code; some matches may be wrong or missing.
Businesses in this industry
1,253
statewide, all operators
Per 100k residents
157.3
national 179.9
Versus the country
-13%
thinner
Every business in The Extreme Pita's industry operating in North Dakota — franchised and independent — from the Census Bureau's County Business Patterns (2023), against 2024 population estimates. Counter-intuitively, density is not a warning: across the brand-state cells in the loan data, denser markets have historically charged off less often than the thinnest (see the research page). A crowded market is usually proven demand; an empty one is often empty for a reason.
Avg weekly wage, this industry
$473
North Dakota, BLS QCEW 2025
National average
$537
same industry, all states
Versus the country
-12%
cheaper to staff
What The Extreme Pita's industry actually pays workers in North Dakota, from the Bureau of Labor Statistics' Quarterly Census of Employment and Wages (2025), employment-weighted across counties. This cost signal is independent of the FDD: a market can look demand-rich above and still carry a margin headwind here if local wages run hot for the sector.
| System | Loans in ND | Charged off (all years) | Loss ratio in ND | Units in ND |
|---|---|---|---|---|
| DAIRY QUEEN | 26 | 1 of 15 | — | — |
| Subway | 17 | 0 of 15 | — | 61 |
| PIZZA RANCH | 12 | 0 of 8 | — | 14 |
| Mrs. Fields Cookies | 9 | 1 of 9 | — | — |
| Quiznos | 9 | 1 of 8 | — | — |
| Papa Murphy'S | 6 | 0 of 6 | — | — |
| Blimpie | 5 | 0 of 5 | — | — |
| Cold Stone Creamery | 5 | 0 of 5 | — | — |
| Culver's | 5 | 0 of 1 | — | — |
Other systems in The Extreme Pita's sector whose franchisees borrowed in North Dakota. A loss ratio appears only where at least 30 loans approved through FY2020 have resolved; “—” means too few.
A broker is usually paid by the franchisor to place you. I'm paid only by you, never by a franchisor you're considering — and the job is pressure-testing The Extreme Pita’s numbers, including talking you out of a bad deal.