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SBA 7(a) franchise lending portfolio
Banc of California
AVERAGE risk
- Total loans
- 612
- Loan volume
- $506.7M
- Avg loan size
- $828K
- Default rate
- 12.6%
- vs 15.4% national avg
Defaults
64
Avg interest
6.09%
Franchises funded
244
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Domino's | 56 | $49.6M | 6.1% |
| Domino's Pizza | 29 | $18.4M | 0.0% |
| Subway Sandwich Shop | 12 | $3.6M | 0.0% |
| Super 8 Motel | 12 | $15.8M | 8.3% |
| Quiznos | 11 | $3.0M | 22.2% |
| Mail Boxes Etc. Usa | 10 | $1.2M | 10.0% |
| Days Inn | 10 | $12.0M | 0.0% |
| Jimmy John's | 10 | $11.8M | 0.0% |
| Golden Corral | 10 | $17.5M | 0.0% |
| Farmer Boys-Brea | 9 | $7.2M | 0.0% |
| Dairy Queen | 8 | $3.0M | 12.5% |
| Massage Envy | 8 | $2.9M | 28.6% |
| The Goddard School | 8 | $25.2M | 0.0% |
| Little Caesar Pizza | 8 | $7.2M | 0.0% |
| Sonic Drive-In | 7 | $8.6M | 0.0% |
| Interstate All Battery Center | 7 | $16.4M | 0.0% |
| Econo Lodge Motel | 6 | $7.6M | 0.0% |
| Cold Stone Creamery, Inc. | 6 | $1.2M | 16.7% |
| Arco (gas Station) | 6 | $7.0M | 16.7% |
| UPS Store | 6 | $1.2M | 0.0% |
Lending volume by year
5'92
4
1
5
6
11'97
5
22
16
13
31'02
32
35
38
26
19'07
21
11
7
18
12'12
18
39
38
18
20'17
22
23
31
31
12'22
6
9
6
1'26
Banc of California default rate by loan vintage
BrandNational avg
Geographic exposure
32117.2%
369.5%
230.0%
190.0%
1414.3%
140.0%
1320.0%
1211.1%
1116.7%
100.0%
Portfolio summary
Total funded$506.7M
Defaults64 of 612
Risk tierAVERAGE
Avg rate6.09%
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%).