![Associated Bank, National Association logo](https://cdn.brandfetch.io/associatedbank.com/w/128/h/128/fallback/lettermark?c=<img src="https://cdn.brandfetch.io/domain/apple.com?c=1idsvcTjLv919Ax0E2s" alt="Logo by Brandfetch" />){kind=small}
SBA 7(a) franchise lending portfolio
Associated Bank, National Association
AVERAGE risk
- Total loans
- 232
- Loan volume
- $42.3M
- Avg loan size
- $182K
- Default rate
- 11.0%
- vs 15.4% national avg
Defaults
24
Avg interest
6.17%
Franchises funded
131
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Subway Sandwich Shop | 8 | $1.1M | 0.0% |
| Mail Boxes Etc. Usa | 7 | $750K | 28.6% |
| Straight Shot Express | 6 | $590K | 0.0% |
| Quiznos | 6 | $883K | 50.0% |
| Culver's Frozen Custard | 5 | $1.0M | 40.0% |
| Fastsigns | 5 | $501K | 20.0% |
| Minuteman Press | 5 | $491K | 0.0% |
| Cousins Submarines (restaurant | 4 | $550K | 25.0% |
| Dairy Queen | 4 | $1.1M | 0.0% |
| Blimpie | 4 | $242K | 25.0% |
| All Tune And Lube | 3 | $202K | 100.0% |
| Athlete's Foot | 3 | $485K | 0.0% |
| Bridgeman's Restaurant & Conti | 3 | $404K | 0.0% |
| Great Clips | 3 | $730K | 0.0% |
| Domino's Pizza | 3 | $400K | 0.0% |
| Fantastic Sam's | 3 | $422K | 0.0% |
| Paul Davis Restoration | 3 | $460K | 0.0% |
| Ace Hardware | 3 | $641K | 0.0% |
| Fedex Ground | 3 | $199K | 0.0% |
| Budget Blinds | 3 | $404K | 0.0% |
Lending volume by year
2'92
3
6
10
7
8'97
10
13
19
9
11'02
13
16
13
5
10'07
3
3
2
9
6'12
12
8
4
6
7'18
2
3
3
2
2'23
1
3
1'26
Associated Bank, National Association default rate by loan vintage
BrandNational avg
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%).