AB
SBA 7(a) franchise lending portfolio
Armstrong Bank
AVERAGE risk
- Total loans
- 12
- Loan volume
- $3.1M
- Avg loan size
- $259K
- Charge-off 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% (low risk) |
| Wingstop Restaurant | 2 | $548K | 0.0% (low risk) |
| Microplay | 1 | $100K | 100.0% (very high risk) |
| Tcby | 1 | $100K | 0.0% (low risk) |
| Servpro | 1 | $100K | 0.0% (low risk) |
| Meineke Car Care | 1 | $150K | 0.0% (low risk) |
| Sonic | 1 | $972K | 0.0% (low risk) |
| Gambino's Pizza | 1 | $275K | N/A |
| Sylvan Learning Centers | 1 | $460K | N/A |
| Papa John's | 1 | $250K | 0.0% (low risk) |
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
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 Armstrong Bank originated?
- 12 loans totaling $3.1M. The portfolio carries a 10.0% charge-off rate, earning a “AVERAGE” 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 Armstrong Bank fund the most?
- The “Top franchise exposures” table above lists the brands Armstrong Bank has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.