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SBA 7(a) franchise lending portfolio
Affinity Bank, National Association
CRITICAL risk
- Total loans
- 28
- Loan volume
- $27.4M
- Avg loan size
- $980K
- Default rate
- 40.9%
- vs 15.4% national avg
Defaults
9
Avg interest
6.05%
Franchises funded
23
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Mail Boxes Etc. Usa | 3 | $640K | 33.3% |
| Dunkin Donuts | 2 | $723K | 100.0% |
| Baskin-Robbins 31 Ice Cream | 2 | $200K | 100.0% |
| The Goddard School | 2 | $5.6M | 0.0% |
| Wicks 'n' Sticks | 1 | $235K | 100.0% |
| All Tune And Lube | 1 | $67K | 100.0% |
| Golf U.s.a. (retail Golf Equip | 1 | $93K | — |
| Church's Fried Chicken | 1 | $167K | 0.0% |
| Philly Connection | 1 | $106K | 100.0% |
| Gorin's Homemade Ice Cream | 1 | $90K | 0.0% |
| Dairy Queen | 1 | $161K | 0.0% |
| Firehouse Subs | 1 | $252K | 0.0% |
| The Goddard School | 1 | $913K | — |
| Surcheros Fresh Grill | 1 | $553K | 100.0% |
| Econo Lodge by Choice Hotels/E | 1 | $2.5M | — |
| Sleep Inn by Choice Hotels/Sle | 1 | $3.1M | — |
| Super 8 by Wyndhan | 1 | $2.4M | 0.0% |
| Church's Chicken | 1 | $132K | 0.0% |
| Dairy Queen Grill & Chill/Texa | 1 | $2.1M | — |
| Goddard Early Learning Center | 1 | $821K | 0.0% |
Lending volume by year
3'95
3'96
2'99
1'00
1'01
2'02
1'03
1'04
2'13
1'14
1'17
8'18
1'20
1'23
Geographic exposure
Portfolio summary
Total funded$27.4M
Defaults9 of 28
Risk tierCRITICAL
Avg rate6.05%
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. Risk ratings: Excellent (<5%), Good (5-10%), Average (10-15%), Elevated (15-20%), Critical (>20%).