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SBA 7(a) franchise lending portfolio
Alaska Growth Capital BIDCO, Inc.
ELEVATED risk
- Total loans
- 17
- Loan volume
- $14.2M
- Avg loan size
- $834K
- Default rate
- 15.4%
- vs 15.4% national avg
Defaults
2
Avg interest
6.57%
Franchises funded
15
Risk rating
ELEVATED
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Midas Muffler Shop | 2 | $3.4M | 0.0% |
| House of Bread | 2 | $692K | 0.0% |
| U-Save Auto Rental | 1 | $300K | 100.0% |
| Choice Hotels International In | 1 | $1.5M | — |
| Baskin-Robbins 31 Ice Cream | 1 | $205K | 0.0% |
| Play N Trade | 1 | $225K | 100.0% |
| Subway Sandwich Shop | 1 | $800K | 0.0% |
| Dollar Rent A Car | 1 | $1.3M | 0.0% |
| Cold Stone Creamery, Inc. | 1 | $300K | 0.0% |
| Pita Pit | 1 | $650K | 0.0% |
| Midas | 1 | $3.1M | 0.0% |
| The Pita Pit | 1 | $400K | 0.0% |
| Wild Wings 'N Things | 1 | $100K | 0.0% |
| Yamaha (Sales and Service Agre | 1 | $650K | — |
| Wienerschnitzel | 1 | $650K | — |
Lending volume by year
1'03
1'05
2'06
2'07
1'09
1'10
1'11
1'12
1'13
1'15
1'17
1'19
2'22
1'23
Geographic exposure
1715.4%
Portfolio summary
Total funded$14.2M
Defaults2 of 17
Risk tierELEVATED
Avg rate6.57%
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%).