MONTANA · SBA 7(a)/504 FOIA · FY1991–PRESENT
Franchises in Montana: the loan record
Since 1991, banks have made 390 SBA-backed loans to franchisees of 40 different brands in Montana. Of the loans already resolved, 4.0% were charged off — 73% below the national franchise baseline of 14.8%. This page is not a directory of who paid to be listed; it is what actually happened to the people who bought franchises here, according to the federal loan record.
390
SBA loans since 1991
40
Brands financed
4.0%
Local charge-off rate
34.3
Loans per 100k residents
| Radioshack | 1 of 16 defaulted | 6.3%THIN |
| Subway | 1 of 44 defaulted | 2.3% |
| Super 8 | 0 of 18 defaulted | 0.0%THIN |
| DAIRY QUEEN | 0 of 15 defaulted | 0.0%THIN |
| Papa Murphy'S | 0 of 13 defaulted | 0.0%THIN |
| Napa Auto Parts | 0 of 11 defaulted | 0.0%THIN |
| Insty-Prints | 0 of 10 defaulted | 0.0%THIN |
| Super 8 | 0 of 18 defaulted | 0.0%THIN |
| DAIRY QUEEN | 0 of 15 defaulted | 0.0%THIN |
| Papa Murphy'S | 0 of 13 defaulted | 0.0%THIN |
| Napa Auto Parts | 0 of 11 defaulted | 0.0%THIN |
| Insty-Prints | 0 of 10 defaulted | 0.0%THIN |
| Subway | 1 of 44 defaulted | 2.3% |
| Radioshack | 1 of 16 defaulted | 6.3%THIN |
Every SBA 7(a) and 504 loan in the FY1991–present FOIA files (data.sba.gov) whose borrower is matched to a franchise brand and whose borrower state is Montana. Charge-off rate = charged-off ÷ (charged-off + paid-in-full); still-open loans never dilute the rate. A local rate prints only at 10+ resolved loans in-state, and is marked THIN below 30 — directional, not a verdict. Local conditions, lender mix, and era all sit inside these numbers; read a brand's national record and its FDD before concluding anything. Brand links lead to the full sourced profile; “local record” links to the brand's Montana loan page.
A broker is paid by the franchisor to place you. I'm paid by you — and the job is pressure-testing the numbers, including talking you out of a bad deal.