AB
SBA 7(a) franchise lending portfolio
Avidia Bank
AVERAGE risk
- Total loans
- 19
- Loan volume
- $13.3M
- Avg loan size
- $700K
- Charge-off rate
- 14.3%
- vs 15.4% national avg
Defaults
1
Avg interest
6.37%
Franchises funded
13
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Overhead Door Co. | 2 | $1.3M | 0.0% (low risk) |
| Ameriprise Financial | 2 | $5.2M | 0.0% (low risk) |
| Crumbl | 2 | $1.4M | N/A |
| StretchMed | 2 | $388K | N/A |
| Big Chicken | 2 | $650K | N/A |
| Tous Les Jours | 2 | $527K | N/A |
| Dairy Queen Frozen Treat Cente | 1 | $694K | 0.0% (low risk) |
| Snap-On Tools | 1 | $225K | N/A |
| Arcpoint | 1 | $100K | 100.0% (very high risk) |
| European Wax Center | 1 | $600K | 0.0% (low risk) |
| Rush Cycle | 1 | $500K | N/A |
| Mitsubishi Motors Dealer Agree | 1 | $500K | N/A |
| American Family Care/AFC Urgen | 1 | $1.3M | N/A |
Lending volume by year
1'14
4'15
2'17
1'18
2'21
4'22
1'23
4'25
Geographic exposure
Portfolio summary
Total funded$13.3M
Defaults1 of 19
Risk tierAVERAGE
Avg rate6.37%
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 Avidia Bank originated?
- 19 loans totaling $13.3M. The portfolio carries a 14.3% 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 Avidia Bank fund the most?
- The “Top franchise exposures” table above lists the brands Avidia 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.