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FranchiseVerdict

SBA 7(a) franchise lending portfolio

Bank Five Nine

GOOD risk
Total loans
498
Loan volume
$355.9M
Avg loan size
$715K
Charge-off rate
8.3%
vs 15.4% national avg

Defaults

20

Avg interest

6.92%

Franchises funded

179

Risk rating

GOOD

Top franchise exposures

FranchiseLoansVolumeDefault %
Culver's ButterBurgers & Froze50$56.9M0.0% (low risk)
Culver's29$36.9M0.0% (low risk)
Kiddie Academy26$21.8M0.0% (low risk)
Success On The Spectrum20$9.7M0.0% (low risk)
Anytime Fitness19$6.9M0.0% (low risk)
Primrose Schools15$8.8M0.0% (low risk)
The Goddard School14$10.4M0.0% (low risk)
Toppers Pizza13$4.6M0.0% (low risk)
HTeaO11$18.1MN/A
Rocky Rococo Pan Style Pizza10$3.1M12.5% (elevated risk)
Culver's Frozen Custard9$16.1M0.0% (low risk)
Units9$12.7MN/A
Dickey's Barbecue Pit7$1.3M14.3% (elevated risk)
Pinnacle Montessori Academy7$5.9MN/A
Cousins Submarines (restaurant6$1.3M0.0% (low risk)
Rosati's Pizza6$1.3M66.7% (very high risk)
Great Clips5$762K0.0% (low risk)
Ace Hardware5$1.3M0.0% (low risk)
Storage Authority5$4.6M0.0% (low risk)
Mobil Oil (stations)5$4.6M50.0% (very high risk)

Bank Five Nine charge-off rate by loan vintage

BrandNational avg
Bank Five Nine charge-off rate by loan vintage. Showing 13 vintages from 2005 to 2022. Rates range from 0.0% to 50.0%.0%5%10%15%20%25%30%35%40%45%50%'05'13'16'19'22

Shaded area: recent vintages with few resolved loans; rates may change as loans mature.

Geographic exposure

17612.6% (elevated risk)
520.0% (low risk)
397.7% (moderate risk)
270.0% (low risk)
170.0% (low risk)
150.0% (low risk)
130.0% (low risk)
130.0% (low risk)
10100.0% (very high risk)

Portfolio summary

Total funded$355.9M
Defaults20 of 498
Risk tierGOOD
Avg rate6.92%

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 Bank Five Nine originated?
498 loans totaling $355.9M. The portfolio carries a 8.3% charge-off rate, earning a “GOOD” 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 Bank Five Nine fund the most?
The “Top franchise exposures” table above lists the brands Bank Five Nine has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.