SBA 7(a)/504 FOIA · FY1991–PRESENT · LOUISIANA
Exxon franchise in Louisiana: what the public record shows
Franchisees of Exxon in Louisiana have taken 19 SBA loans since 1991 (average $331,198), and of the 10 loans whose story has ended, 0.0% were charged off — versus 5.5% for Exxon nationally and 14.8% across all rateable franchise brands.
Loans in LA
19
Resolved
10
Local charge-off
0.0%
National charge-off
5.5%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = LA. 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.
Businesses in this industry
937
statewide, all operators
Per 100k residents
20.4
national 30.2
Versus the country
-32%
thinner
Every business in Exxon's industry operating in Louisiana — franchised and independent — from the Census Bureau's County Business Patterns (2023), against 2024 population estimates. Counter-intuitively, density is not a warning: across 198 brand-state cells in our loan data, the densest quartile charges off at 5.6% versus 18.1% in the thinnest. A crowded market is usually proven demand; an empty one is often empty for a reason.
| System | Loans in LA | Local charge-off | Units in LA |
|---|---|---|---|
| Meineke | 15 | 36.4% | — |
| Shell Service Station | 11 | thin | — |
| Chevron (Gas Station) | 8 | thin | — |
| Midas Muffler Shop | 7 | thin | — |
| Speedee Oil Change & Tune-Up | 6 | thin | — |
Same sector, same state, same public records — how Exxon compares to the systems a buyer in Louisiana 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 Exxon's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →