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SBA 7(a) franchise lending portfolio
American Savings Bank FSB
CRITICAL risk
- Total loans
- 16
- Loan volume
- $1.9M
- Avg loan size
- $121K
- Default rate
- 31.3%
- vs 15.4% national avg
Defaults
5
Avg interest
6.66%
Franchises funded
15
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Sign-A-Rama | 2 | $40K | 100.0% |
| Chem-Dry | 1 | $65K | 0.0% |
| Matco Tools (rent Tools) | 1 | $60K | 0.0% |
| Mail Boxes Etc. Usa | 1 | $150K | 0.0% |
| Salad Creations | 1 | $300K | 100.0% |
| Nestle Toll House By Chip | 1 | $360K | 100.0% |
| Ben & Jerry's Ice Cream | 1 | $300K | 0.0% |
| Subway Sandwich Shop | 1 | $150K | 0.0% |
| Servistar Corp. | 1 | $140K | 0.0% |
| L&l Hawaiian Barbecue | 1 | $50K | 0.0% |
| Teamlogic It | 1 | $50K | 100.0% |
| Pillar To Post Professional Ho | 1 | $50K | 0.0% |
| Kumon Math And Reading Center | 1 | $42K | 0.0% |
| Cherry On Top | 1 | $100K | 0.0% |
| Real Property Management | 1 | $85K | 0.0% |
Lending volume by year
1'99
1'02
1'03
1'05
1'07
3'08
2'09
3'10
1'15
2'16
Geographic exposure
1631.2%
Portfolio summary
Total funded$1.9M
Defaults5 of 16
Risk tierCRITICAL
Avg rate6.66%
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%).