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SBA 7(a) franchise lending portfolio
Bank of America California, National Association
AVERAGE risk
- Total loans
- 74
- Loan volume
- $9.3M
- Avg loan size
- $126K
- Default rate
- 14.9%
- vs 15.4% national avg
Defaults
11
Avg interest
—
Franchises funded
46
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Baskin-Robbins 31 Ice Cream | 5 | $296K | 20.0% |
| Murphy's Pizza Take And Bake | 5 | $407K | 0.0% |
| Mail Boxes Etc. Usa | 5 | $370K | 20.0% |
| Burger King | 4 | $1.1M | 0.0% |
| Econo Lub N Tune | 3 | $30K | 0.0% |
| Papa Murphy's Take & Bake Pizz | 3 | $278K | 0.0% |
| Subway Sandwich Shop | 2 | $105K | 0.0% |
| Midas Muffler Shop | 2 | $250K | 50.0% |
| Future Kids | 2 | $65K | 50.0% |
| Taco Bell | 2 | $562K | 0.0% |
| Round Table Pizza | 2 | $200K | 0.0% |
| Seven-Eleven (7-11) Food Store | 2 | $70K | 0.0% |
| Dairy Queen | 2 | $200K | 0.0% |
| Togo's Eatery | 2 | $425K | 0.0% |
| Tutor Time | 2 | $220K | 0.0% |
| Tcby | 1 | $100K | 0.0% |
| Chevron (gas Station) | 1 | $821K | 0.0% |
| Coast-To-Coast Store | 1 | $195K | 100.0% |
| Minuteman Press | 1 | $40K | 0.0% |
| Pizzeria Uno's (restaurant) | 1 | $500K | 100.0% |
Lending volume by year
10'92
5'93
2'94
8'95
10'96
11'97
16'98
8'99
4'00
Bank of America California, National Association default rate by loan vintage
BrandNational avg
Geographic exposure
7414.9%
Portfolio summary
Total funded$9.3M
Defaults11 of 74
Risk tierAVERAGE
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%).