SOUTH CAROLINA · SBA 7(a)/504 FOIA · FY1991–PRESENT
Franchises in South Carolina: the loan record
Since 1991, banks have made 1,389 SBA-backed loans to franchisees of 111 different brands in South Carolina. Of the loans already resolved, 12.8% were charged off — 13% 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.
1,389
SBA loans since 1991
111
Brands financed
12.8%
Local charge-off rate
25.4
Loans per 100k residents
| Cold Stone Creamery | 4 of 10 defaulted | 40.0%THIN |
| Quiznos | 5 of 14 defaulted | 35.7%THIN |
| Choice Hotels International | 6 of 20 defaulted | 30.0%THIN |
| Knights Inn | 3 of 10 defaulted | 30.0%THIN |
| Meineke | 4 of 14 defaulted | 28.6%THIN |
| Days Inn | 11 of 41 defaulted | 26.8% |
| Atlanta Bread | 3 of 12 defaulted | 25.0%THIN |
| DAIRY QUEEN | 2 of 11 defaulted | 18.2%THIN |
| Cicis Pizza | 2 of 13 defaulted | 15.4%THIN |
| ECONO LODGE | 2 of 13 defaulted | 15.4%THIN |
| Super 8 | 3 of 23 defaulted | 13.0%THIN |
| Holiday Inn Express | 3 of 25 defaulted | 12.0%THIN |
| ANYTIME FITNESS | 2 of 17 defaulted | 11.8%THIN |
| MASSAGE ENVY | 1 of 10 defaulted | 10.0%THIN |
| QUALITY INN | 4 of 43 defaulted | 9.3% |
| SLEEP INN | 0 of 16 defaulted | 0.0%THIN |
| Zaxby's | 0 of 16 defaulted | 0.0%THIN |
| Ace Hardware | 0 of 15 defaulted | 0.0%THIN |
| Best Western Inn | 0 of 12 defaulted | 0.0%THIN |
| SERVPRO | 0 of 12 defaulted | 0.0%THIN |
| Domino's Pizza | 0 of 11 defaulted | 0.0%THIN |
| Allstate Insurance | 0 of 10 defaulted | 0.0%THIN |
| Baymont Inn & Suites | 0 of 10 defaulted | 0.0%THIN |
| Comfort/ Comfort Inn & Suites/ Comfort Suites | 1 of 30 defaulted | 3.3% |
| Subway | 2 of 42 defaulted | 4.8% |
| THE UPS STORE NON-TRADITIONAL | 1 of 21 defaulted | 4.8%THIN |
| Howard Johnson | 1 of 17 defaulted | 5.9%THIN |
| JERSEY MIKE'S | 1 of 17 defaulted | 5.9%THIN |
| Red Roof Inn | 1 of 15 defaulted | 6.7%THIN |
| Bruster'S | 1 of 14 defaulted | 7.1%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 South Carolina. 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 South Carolina 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.