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Michael R.

Noble Roman's Pizza--King of the SBA loan failure

http://finance.yahoo.com/career-work/article/108045/top-15-franchis...

1. Noble Roman's Pizza

"Billing itself as "The Better Pizza People," this Indianapolis-based franchiser has had a tough time selling that proposition to customers. While the company reported a 30% net income increase in Q1 of 2009, Q2 total revenues were down more than $500,000 from the comparable period in 2008. Maybe that's why 53% of all owners with SBA loans defaulted in 2008."

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