BO
SBA 7(a) franchise lending portfolio
Banc of California
Risk rating: Average
- Total loans
- 612
- Loan volume
- $506.7M
- Avg loan size
- $828K
- Charge-off rate
- 12.6%
- vs 16.0% national
Charged off
64
Avg interest
6.09%
Franchises funded
244
Risk rating
Average
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Domino's | 85 | $68.0M | N/A |
| Mail Boxes Etc. Usa | 16 | $2.4M | 6.3% (good) |
| Subway Sandwich Shop | 12 | $3.6M | 0.0% (excellent) |
| Super 8 Motel | 12 | $15.8M | 8.3% (good) |
| Quiznos | 11 | $3.0M | N/A |
| Days Inn | 10 | $12.0M | N/A |
| Jimmy John's | 10 | $11.8M | N/A |
| Golden Corral | 10 | $17.5M | N/A |
| Farmer Boys-Brea | 9 | $7.2M | N/A |
| Dairy Queen | 8 | $3.0M | N/A |
| Massage Envy | 8 | $2.9M | N/A |
| The Goddard School | 8 | $25.2M | N/A |
| Little Caesar Pizza | 8 | $7.2M | N/A |
| Sonic Drive-In | 7 | $8.6M | N/A |
| Interstate All Battery Center | 7 | $16.4M | N/A |
| Econo Lodge Motel | 6 | $7.6M | N/A |
| Cold Stone Creamery, Inc. | 6 | $1.2M | N/A |
| Arco (gas Station) | 6 | $7.0M | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1992 | 5 |
| FY1993 | 4 |
| FY1994 | 1 |
| FY1995 | 5 |
| FY1996 | 6 |
| FY1997 | 11 |
| FY1998 | 5 |
| FY1999 | 22 |
| FY2000 | 16 |
| FY2001 | 13 |
| FY2002 | 31 |
| FY2003 | 32 |
| FY2004 | 35 |
| FY2005 | 38 |
| FY2006 | 26 |
| FY2007 | 19 |
| FY2008 | 21 |
| FY2009 | 11 |
| FY2010 | 7 |
| FY2011 | 18 |
| FY2012 | 12 |
| FY2013 | 18 |
| FY2014 | 39 |
| FY2015 | 38 |
| FY2016 | 18 |
| FY2017 | 20 |
| FY2018 | 22 |
| FY2019 | 23 |
| FY2020 | 31 |
| FY2021 | 31 |
| FY2022 | 12 |
| FY2023 | 6 |
| FY2024 | 9 |
| FY2025 | 6 |
| FY2026 | 1 |
SBA 7(a) · charge-off rate by approval year
Banc of California: below all franchise loans in 15 of 23 rated years
Hollow rings on the axis: years with fewer than 10 resolved loans, not rated (too few to judge). Their numbers are in the table.
Show the numbers by year
| Year | Resolved | Charged off | Rate |
|---|---|---|---|
| 1992 | 5 | 2 | Too few |
| 1993 | 4 | 0 | Too few |
| 1995 | 5 | 2 | Too few |
| 1996 | 6 | 0 | Too few |
| 1997 | 11 | 1 | 9.1% |
| 1998 | 5 | 0 | Too few |
| 1999 | 22 | 3 | 13.6% |
| 2000 | 16 | 4 | 25.0% |
| 2001 | 13 | 0 | 0.0% |
| 2002 | 31 | 1 | 3.2% |
| 2003 | 32 | 0 | 0.0% |
| 2004 | 34 | 4 | 11.8% |
| 2005 | 34 | 11 | 32.4% |
| 2006 | 25 | 11 | 44.0% |
| 2007 | 15 | 9 | 60.0% |
| 2008 | 18 | 6 | 33.3% |
| 2009 | 11 | 0 | 0.0% |
| 2010 | 7 | 0 | Too few |
| 2011 | 17 | 2 | 11.8% |
| 2012 | 12 | 0 | 0.0% |
| 2013 | 18 | 3 | 16.7% |
| 2014 | 36 | 2 | 5.6% |
| 2015 | 33 | 1 | 3.0% |
| 2016 | 14 | 0 | 0.0% |
| 2017 | 15 | 0 | 0.0% |
| 2018 | 14 | 0 | 0.0% |
| 2019 | 18 | 0 | 0.0% |
| 2020 | 20 | 0 | 0.0% |
| 2021 | 15 | 2 | 13.3% |
Dashed line: all franchise 7(a) loans approved the same year.
Source and method
SBA 7(a) FOIA loan records. Rate: charged-off loans over resolved loans (paid in full plus charged off) for loans approved that year; it moves as loans are resolved.
Geographic exposure
32117.2% (elevated)
369.5% (good)
230.0% (excellent)
190.0% (excellent)
1414.3% (average)
140.0% (excellent)
1320.0% (high risk)
1211.1% (average)
1116.7% (elevated)
100.0% (excellent)
Portfolio summary
Total funded$506.7M
Charged off64 of 612
Risk tierAverage
Avg rate6.09%
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 Banc of California originated?
- 612 loans totaling $506.7M. The portfolio carries a 12.6% 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). Across SBA 7(a) franchise lending, the national charge-off rate is 16.0% over 94,550 resolved loans.Portfolios materially above that signal either riskier franchise selection or weaker underwriting. Banc of California's rate of 12.6% is below the national rate.
- 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 Banc of California fund the most?
- The “Top franchise exposures” table above lists the brands Banc of California has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.