WEST VIRGINIA · SBA 7(a)/504 FOIA · FY1991–PRESENT
Franchises in West Virginia: the loan record
Since 1991, banks have made 198 SBA-backed loans to franchisees of 20 different brands in West Virginia. Of the loans already resolved, 10.1% were charged off — 31% 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.
198
SBA loans since 1991
20
Brands financed
10.1%
Local charge-off rate
11.2
Loans per 100k residents
| Fox'S Pizza Den | 3 of 14 defaulted | 21.4%THIN |
| Subway | 5 of 45 defaulted | 11.1% |
| DAIRY QUEEN | 1 of 11 defaulted | 9.1%THIN |
| DAIRY QUEEN | 1 of 11 defaulted | 9.1%THIN |
| Subway | 5 of 45 defaulted | 11.1% |
| Fox'S Pizza Den | 3 of 14 defaulted | 21.4%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 West Virginia. 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 West Virginia 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.