FRANCHISE·WATCH·DESK

SBA 7(a)/504 FOIA · FY1991–PRESENT · MONTANA

Papa Murphy'S Take & Bake Pizza franchise in Montana: what the public record shows

Franchisees of Papa Murphy'S Take & Bake Pizza in Montana have taken 13 SBA loans since 1991 (average $188,776), and of the 13 loans whose story has ended, 0.0% were charged off — versus 6.2% for Papa Murphy'S Take & Bake Pizza nationally and 14.8% across all rateable franchise brands.

SBA loan outcomes · Montanavs national

Loans in MT

13

Resolved

13

Local charge-off

0.0%

National charge-off

6.2%

Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = MT. 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.

Market density · Montana vs nationalTypical density

Businesses in this industry

2,228

statewide, all operators

Per 100k residents

195.9

national 179.9

Versus the country

+9%

denser

Every business in Papa Murphy'S Take & Bake Pizza's industry operating in Montana — 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.

Same-sector systems with SBA loan history in Montana7 systems
SystemLoans in MTLocal charge-offUnits in MT
Domino's Pizza11thin
TACO JOHN'S11thin18
Cold Stone Creamery8thin
GREAT HARVEST BREAD CO.8thin
Kentucky Fried Chicken7thin
Jersey Mike's Subs6thin
Little Ceasar'S Pizza5thin

Same sector, same state, same public records — how Papa Murphy'S Take & Bake Pizza compares to the systems a buyer in Montana would actually be choosing between. Local rates under 10 resolved loans are marked thin, not hidden.

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