BO
SBA 7(a) franchise lending portfolio
Bank of America, National Association
ELEVATED risk
- Total loans
- 2,329
- Loan volume
- $426.7M
- Avg loan size
- $183K
- Charge-off rate
- 15.0%
- vs 15.4% national avg
Defaults
320
Avg interest
5.96%
Franchises funded
733
Risk rating
ELEVATED
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Subway Sandwich Shop | 166 | $13.2M | 5.4% (moderate risk) |
| Matco Tools (rent Tools) | 58 | $4.6M | 15.5% (high risk) |
| Mail Boxes Etc. Usa | 58 | $5.4M | 5.3% (moderate risk) |
| Domino's Pizza | 43 | $3.9M | 14.0% (elevated risk) |
| The UPS Store (f/k/a Mail Box | 43 | $24.4M | 0.0% (low risk) |
| Christian Brothers Automotive | 33 | $15.5M | 0.0% (low risk) |
| Blimpie | 32 | $2.5M | 22.6% (very high risk) |
| Quiznos | 31 | $3.9M | 12.9% (elevated risk) |
| Dairy Queen | 28 | $5.7M | 17.9% (high risk) |
| Dunkin Donuts | 25 | $5.5M | 0.0% (low risk) |
| Minuteman Press | 23 | $1.9M | 17.4% (high risk) |
| Christian Brothers Automotive | 20 | $4.6M | 0.0% (low risk) |
| Baskin-Robbins 31 Ice Cream | 19 | $2.3M | 0.0% (low risk) |
| MAACO Auto Painting Center | 18 | $2.8M | 11.1% (elevated risk) |
| Curves For Women | 18 | $614K | 22.2% (very high risk) |
| All Tune And Lube | 17 | $1.6M | 37.5% (very high risk) |
| AAMCO Transmissions | 17 | $2.1M | 11.8% (elevated risk) |
| General Nutrition Center | 16 | $1.5M | 12.5% (elevated risk) |
| Medicap Pharmacy | 15 | $1.8M | 7.1% (moderate risk) |
| Meineke Car Care | 15 | $2.2M | 13.3% (elevated risk) |
Lending volume by year
55'92
70
93
171
151
163'97
98
90
97
138
261'02
229
156
142
26
46'07
29
3
2
2
6'12
11
5
16
12
11'17
31
45
18
6
26'22
25
18
59
18'26
Bank of America, National Association charge-off rate by loan vintage
BrandNational avg
Shaded area: recent vintages with few resolved loans; rates may change as loans mature.
Geographic exposure
24619.1% (high risk)
20621.7% (very high risk)
20116.6% (high risk)
12814.0% (elevated risk)
12112.0% (elevated risk)
11513.2% (elevated risk)
986.8% (moderate risk)
9527.5% (very high risk)
9413.8% (elevated risk)
8616.9% (high risk)
Portfolio summary
Total funded$426.7M
Defaults320 of 2,329
Risk tierELEVATED
Avg rate5.96%
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 of America, National Association originated?
- 2,329 loans totaling $426.7M. The portfolio carries a 15.0% charge-off rate, earning a “ELEVATED” 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 of America, National Association fund the most?
- The “Top franchise exposures” table above lists the brands Bank of America, National Association has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.