SBA 7(a)/504 FOIA · FY1991–PRESENT · PUERTO RICO
Carvel Ice Cream franchise in Puerto Rico: what the public record shows
Franchisees of Carvel Ice Cream in Puerto Rico have taken 14 SBA loans since 1991 (average $127,907), and of the 11 loans whose story has ended, 36.4% were charged off — versus 41.0% for Carvel Ice Cream nationally and 14.8% across all rateable franchise brands.
Loans in PR
14
Resolved
11
Local charge-off
36.4%
National charge-off
41.0%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = PR. 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.
| System | Loans in PR | Local charge-off | Units in PR |
|---|---|---|---|
| Taco Maker | 59 | 23.8% | — |
| Marco's Pizza | 34 | 0.0% | — |
| Quiznos | 29 | 20.0% | — |
| Cold Stone Creamery | 10 | thin | — |
| Blimpie | 7 | thin | — |
| Arby's | 6 | thin | — |
| Checkers Drive-in Restaurant | 5 | thin | — |
Same sector, same state, same public records — how Carvel Ice Cream compares to the systems a buyer in Puerto Rico would actually be choosing between. Local rates under 10 resolved loans are marked thin, not hidden.
A broker is paid by the franchisor to place you. An independent CPA is paid by you — and the job is pressure-testing Carvel Ice Cream's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →