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FranchiseVerdict

SBA 7(a) franchise lending portfolio

American Bank of Freedom

EXCELLENT risk
Total loans
32
Loan volume
$18.0M
Avg loan size
$562K
Charge-off rate
0.0%
vs 15.4% national avg

Defaults

0

Avg interest

6.85%

Franchises funded

27

Risk rating

EXCELLENT

Top franchise exposures

FranchiseLoansVolumeDefault %
Koala Insulation3$1.0M0.0% (low risk)
Dogtopia2$1.5M0.0% (low risk)
Bio-One2$228K0.0% (low risk)
Once Upon A Child2$1.9M0.0% (low risk)
Citgo Service Station1$370K0.0% (low risk)
The Maids1$162K0.0% (low risk)
The Medicine Shoppe1$428K0.0% (low risk)
Smoothie Factory1$414K0.0% (low risk)
Krav Maga Worldwide Inc. - Lic1$1.1M0.0% (low risk)
The Donut Experiment1$274K0.0% (low risk)
Snap Fitness1$150K0.0% (low risk)
Dizziland Inc. - License Agree1$929K0.0% (low risk)
Mellow Mushroom1$3.3M0.0% (low risk)
Cecil Whittaker's Pizzeria - L1$296KN/A
F45 Training1$290K0.0% (low risk)
MaidPro1$336K0.0% (low risk)
Bin There...Dump That1$300K0.0% (low risk)
Massage Envy1$363KN/A
OsteoStrong1$268K0.0% (low risk)
Corporate Cleaning Group1$445K0.0% (low risk)

American Bank of Freedom charge-off rate by loan vintage

BrandNational avg
American Bank of Freedom charge-off rate by loan vintage. Showing 4 vintages from 2018 to 2021. Rates range from 0.0% to 0.0%.0%5%10%'18'19'20'21

Geographic exposure

260.0% (low risk)
50.0% (low risk)
10.0% (low risk)

Portfolio summary

Total funded$18.0M
Defaults0 of 32
Risk tierEXCELLENT
Avg rate6.85%

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

Charge-off 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%), High Risk (>20%).

Frequently asked questions

How many SBA 7(a) franchise loans has American Bank of Freedom originated?
32 loans totaling $18.0M. The portfolio carries a 0.0% charge-off rate, earning a “EXCELLENT” risk rating.
What is the charge-off rate and why does it matter?
Charge-off rate = charge-offs / (charge-offs + paid-in-full). For SBA 7(a) franchise lending, the national average runs 5–8%. Portfolios materially above that signal either riskier franchise selection or weaker underwriting.
Where does this lending data come from?
SBA 7(a) loan records released under the Freedom of Information Act. Each record carries approval date, amount, lender, business type, NAICS code, location, and outcome. See methodology.
Which franchise brands does American Bank of Freedom fund the most?
The “Top franchise exposures” table above lists the brands American Bank of Freedom has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.