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SBA 7(a) franchise lending portfolio
Armstrong Bank
AVERAGE risk
- Total loans
- 12
- Loan volume
- $3.1M
- Avg loan size
- $259K
- Default rate
- 10.0%
- vs 15.4% national avg
Defaults
1
Avg interest
6.86%
Franchises funded
10
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Hobbytown Usa | 2 | $158K | 0.0% |
| Wingstop Restaurant | 2 | $548K | 0.0% |
| Microplay | 1 | $100K | 100.0% |
| Tcby | 1 | $100K | 0.0% |
| Servpro | 1 | $100K | 0.0% |
| Meineke Car Care | 1 | $150K | 0.0% |
| Sonic | 1 | $972K | 0.0% |
| Gambino's Pizza | 1 | $275K | — |
| Sylvan Learning Centers | 1 | $460K | — |
| Papa John's | 1 | $250K | 0.0% |
Lending volume by year
1'95
1'97
1'99
1'01
1'03
1'04
1'08
1'10
1'18
1'20
1'23
1'24
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%).