SBA 7(a)/504 FOIA · FY1991–PRESENT · MICHIGAN
D-Bat franchise in Michigan: what the public record shows
Franchisees of D-Bat in Michigan have taken 6 SBA loans since 1991 (average $351,216)— too few resolved loans in-state to publish a local failure rate (we require a resolved cohort, never extrapolate), so the brand's national rate of 9.3% is the better guide. Its latest FDD Item 20 state table reports 3 franchised outlets in Michigan (fiscal 2025) — about 0.03 per 100k residents.
Loans in MI
6
Resolved
1
Local charge-off
thin
National charge-off
9.3%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = MI. 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 of 30 loans.
| Fiscal year | Franchised | Company-owned |
|---|---|---|
| 2023 | 3 | — |
| 2024 | 3 | — |
| 2025 | 3 | — |
| System | Loans in MI | Local charge-off | Units in MI |
|---|---|---|---|
| Subway | 184 | 6.4% | 677 |
| DAIRY QUEEN | 56 | 6.9% | — |
| BIG BOY | 38 | 8.6% | — |
| Two Men and a Truck | 35 | 12.5% | — |
| Matco Tools | 30 | 50.0% | — |
| Firehouse Subs | 25 | 11.8% | 23 |
| KILWINS | 25 | 0.0% | 21 |
| EDIBLE ARRANGEMENTS | 15 | 8.3% | 17 |
| Budget Blinds | 12 | thin | — |
| Home Instead | 12 | thin | 11 |
| Wireless Toyz | 12 | thin | — |
| SERVICEMASTER RESTORE | 11 | thin | 74 |
Same sector, same state, same public records — how D-Bat compares to the systems a buyer in Michigan would actually be choosing between. Local rates under 10 resolved loans are marked thin, not hidden.
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