SBA 7(a) franchise lending

Bank Portfolio Reports

Every bank that has funded SBA 7(a) franchise loans, ranked by volume. See their portfolio risk rating, default rates, and which franchises they underwrite.

Banks tracked

100

Total loans

95,723

Total volume

$50.4B

Top 100 franchise lenders by loan count

#	Bank	Loans	Volume	Avg loan	Default %	Franchises	Rating
1	The Huntington National Bank	9,261	$2.6B	$279K	11.5%	1,705	AVERAGE
2	Wells Fargo Bank National Association	7,487	$3.2B	$421K	17.1%	1,592	ELEVATED
3	United Midwest Savings Bank National Association	4,281	$895.2M	$209K	36.5%	581	CRITICAL
4	Readycap Lending, LLC	4,149	$2.3B	$543K	32.4%	959	CRITICAL
5	PNC Bank, National Association	3,449	$1.2B	$353K	17.1%	982	ELEVATED
6	Stearns Bank National Association	3,342	$976.0M	$292K	13.0%	960	AVERAGE
7	JPMorgan Chase Bank, National Association	3,108	$753.3M	$242K	14.2%	1,093	AVERAGE
8	Bank of America, National Association	2,329	$426.7M	$183K	15.0%	733	ELEVATED
9	U.S. Bank, National Association	2,064	$731.5M	$354K	14.5%	855	AVERAGE
10	Live Oak Banking Company	1,972	$2.4B	$1.2M	2.3%	305	EXCELLENT
11	Celtic Bank Corporation	1,932	$1.7B	$862K	28.0%	750	CRITICAL
12	Simmons Bank	1,888	$616.6M	$327K	13.6%	424	AVERAGE
13	Comerica Bank	1,811	$769.0M	$425K	33.0%	416	CRITICAL
14	Manufacturers and Traders Trust Company	1,808	$381.8M	$211K	13.2%	748	AVERAGE
15	TD Bank, National Association	1,736	$769.9M	$444K	15.1%	646	ELEVATED
16	KeyBank National Association	1,530	$600.1M	$392K	11.7%	602	AVERAGE
17	Truist Bank	1,505	$586.4M	$390K	11.4%	629	AVERAGE
18	Zions Bank, A Division of	1,421	$384.8M	$271K	15.6%	628	ELEVATED
19	Popular Bank	1,275	$311.5M	$244K	48.1%	276	CRITICAL
20	Cadence Bank	1,189	$1.0B	$845K	9.6%	586	GOOD
21	Citizens Bank	1,154	$755.8M	$655K	12.9%	459	AVERAGE
22	BMO Bank National Association	1,101	$356.2M	$323K	13.2%	452	AVERAGE
23	Columbia Bank	1,100	$762.4M	$693K	13.6%	459	AVERAGE
24	First Bank of the Lake	1,016	$596.0M	$587K	3.5%	400	EXCELLENT
25	Newtek Small Business Finance, Inc.	961	$458.4M	$477K	19.2%	505	ELEVATED
26	Bank of Hope	947	$1.0B	$1.1M	13.3%	341	AVERAGE
27	Byline Bank	944	$925.7M	$981K	16.3%	441	ELEVATED
28	SouthState Bank, National Association	942	$608.0M	$645K	10.4%	457	AVERAGE
29	United Community Bank	873	$596.5M	$683K	11.3%	332	AVERAGE
30	Fifth Third Bank	821	$258.5M	$315K	17.3%	390	ELEVATED
31	First Western SBLC, Inc	784	$900.7M	$1.1M	9.6%	196	GOOD
32	GBank	742	$2.1B	$2.8M	2.5%	115	EXCELLENT
33	Old National Bank	717	$315.6M	$440K	9.9%	385	GOOD
34	First-Citizens Bank & Trust Company	710	$408.0M	$575K	18.7%	333	ELEVATED
35	GE Capital Small Business Finance Corporation	704	$211.3M	$300K	27.8%	171	CRITICAL
36	First Bank	701	$428.7M	$612K	30.6%	333	CRITICAL
37	Regions Bank	696	$308.1M	$443K	10.7%	330	AVERAGE
38	The Bancorp Bank National Association	622	$406.2M	$653K	11.8%	267	AVERAGE
39	Ameris Bank	612	$438.0M	$716K	10.9%	317	AVERAGE
40	Banc of California	612	$506.7M	$828K	12.6%	244	AVERAGE
41	Hanmi Bank	612	$557.1M	$910K	13.2%	264	AVERAGE
42	Citizens Bank, National Association	602	$78.2M	$130K	10.3%	264	AVERAGE
43	First Interstate Bank	528	$204.6M	$387K	12.6%	281	AVERAGE
44	Gulf Coast Bank and Trust Company	510	$299.1M	$586K	18.3%	252	ELEVATED
45	Bank Five Nine	498	$355.9M	$715K	8.3%	179	GOOD
46	Wilmington Savings Fund Society FSB	483	$271.3M	$562K	8.9%	213	GOOD
47	First National Bank of Pennsylvania	471	$286.4M	$608K	17.9%	245	ELEVATED
48	BayFirst National Bank	463	$140.3M	$303K	22.8%	309	CRITICAL
49	Pinnacle Bank	462	$492.7M	$1.1M	11.4%	279	AVERAGE
50	Brookline Bank, a Division of Beacon Bank and Trust	457	$312.0M	$683K	4.7%	248	EXCELLENT
51	Business Loan Center, LLC	455	$383.3M	$842K	26.4%	132	CRITICAL
52	Glacier Bank	454	$204.9M	$451K	7.0%	253	GOOD
53	First Financial Bank	445	$255.1M	$573K	12.5%	195	AVERAGE
54	UMB Bank, National Association	442	$154.0M	$349K	18.8%	223	ELEVATED
55	Community West Bank	438	$127.4M	$291K	38.6%	182	CRITICAL
56	BankUnited, National Association	409	$602.1M	$1.5M	6.3%	197	GOOD
57	Business Lenders, LLC	401	$115.1M	$287K	32.5%	111	CRITICAL
58	Peoples Bank	399	$520.0M	$1.3M	6.4%	178	GOOD
59	Northeast Bank	393	$240.9M	$613K	35.4%	207	CRITICAL
60	Synovus Bank	388	$212.5M	$548K	17.3%	214	ELEVATED
61	Enterprise Bank & Trust	387	$547.8M	$1.4M	6.5%	233	GOOD
62	Commonwealth Business Bank	386	$771.8M	$2.0M	3.0%	181	EXCELLENT
63	Valley National Bank	385	$130.5M	$339K	15.9%	168	ELEVATED
64	First Commonwealth Bank	377	$175.0M	$464K	12.6%	190	AVERAGE
65	Open Bank	375	$778.3M	$2.1M	1.0%	170	EXCELLENT
66	East West Bank	373	$215.4M	$578K	9.8%	197	GOOD
67	MISSINGMAINBANKID	371	$120.1M	$324K	3.6%	218	EXCELLENT
68	BancFirst	368	$128.4M	$349K	14.3%	176	AVERAGE
69	Frost Bank	356	$108.9M	$306K	18.1%	208	ELEVATED
70	Wallis Bank	352	$610.3M	$1.7M	9.4%	178	GOOD
71	Capital One, National Association	348	$160.0M	$460K	20.0%	195	CRITICAL
72	LendingClub Bank, National Association	339	$283.0M	$835K	18.9%	140	ELEVATED
73	VelocitySBA, LLC	334	$144.3M	$432K	24.5%	227	CRITICAL
74	Hancock Whitney Bank	333	$98.1M	$294K	11.7%	177	AVERAGE
75	PromiseOne Bank	330	$515.5M	$1.6M	3.5%	113	EXCELLENT
76	Fulton Bank, National Association	329	$293.2M	$891K	14.8%	183	AVERAGE
77	First Horizon Bank	328	$121.1M	$369K	15.7%	202	ELEVATED
78	Banner Bank	320	$128.4M	$401K	12.9%	180	AVERAGE
79	HomeTrust Bank	313	$449.0M	$1.4M	2.0%	177	EXCELLENT
80	Metro City Bank	302	$464.1M	$1.5M	4.5%	170	EXCELLENT
81	Independence Bank	299	$45.4M	$152K	34.1%	44	CRITICAL
82	PCB Bank	289	$425.6M	$1.5M	6.9%	149	GOOD
83	US Metro Bank	283	$678.3M	$2.4M	6.5%	128	GOOD
84	First National Bank of Omaha	267	$73.4M	$275K	12.5%	170	AVERAGE
85	First Internet Bank of Indiana	267	$255.5M	$957K	11.8%	163	AVERAGE
86	The Central Trust Bank	265	$53.4M	$201K	13.5%	143	AVERAGE
87	American National Bank	259	$104.9M	$405K	13.8%	72	AVERAGE
88	Meadows Bank	257	$271.0M	$1.1M	1.2%	82	EXCELLENT
89	Federal Deposit Insurance Corporation	256	$112.7M	$440K	20.1%	152	CRITICAL
90	CDC Small Business Finance Corp.	255	$45.9M	$180K	46.3%	163	CRITICAL
91	United Business Bank	251	$314.6M	$1.3M	11.6%	143	AVERAGE
92	Loans from Old Closed Lenders	250	$128.0M	$512K	9.2%	124	GOOD
93	Dogwood State Bank	245	$181.9M	$742K	1.5%	117	EXCELLENT
94	Renasant Bank	242	$188.6M	$779K	14.3%	185	AVERAGE
95	Midwest Regional Bank	241	$111.7M	$463K	26.1%	174	CRITICAL
96	Banco Popular de Puerto Rico	240	$45.1M	$188K	14.0%	89	AVERAGE
97	CitiCapital Small Business Finance, Inc.	239	$37.8M	$158K	53.1%	49	CRITICAL
98	Unity Bank	238	$136.1M	$572K	12.1%	104	AVERAGE
99	CRF Small Business Loan Company, LLC	235	$80.9M	$344K	14.1%	126	AVERAGE
100	Customers Bank	233	$257.0M	$1.1M	12.4%	91	AVERAGE

Source: SBA 7(a) FOIA loan-level data, aggregated by FranchiseVerdict

Default rate = charge-offs / (charge-offs + paid-in-full). Active, exempt, and cancelled loans are excluded from the calculation. Risk ratings: Excellent (<5%), Good (5-10%), Average (10-15%), Elevated (15-20%), Critical (>20%).