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SBA 7(a) franchise lending portfolio
Bank of Ann Arbor
GOOD risk
- Total loans
- 105
- Loan volume
- $60.8M
- Avg loan size
- $579K
- Default rate
- 7.3%
- vs 15.4% national avg
Defaults
7
Avg interest
6.02%
Franchises funded
64
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Goldfish Swim School | 8 | $10.9M | 0.0% |
| Goldfish Swim School | 7 | $10.5M | 0.0% |
| Dairy Queen | 6 | $2.2M | 16.7% |
| Subway Sandwich Shop | 5 | $481K | 0.0% |
| Ameriprise Financial Services | 5 | $768K | 0.0% |
| Econo Lodge Motel | 3 | $1.7M | 0.0% |
| Culver's Frozen Custard | 3 | $2.7M | 0.0% |
| Red Roof Inn | 3 | $750K | 0.0% |
| Superior Walls | 2 | $1.1M | 50.0% |
| Glass Doctor | 2 | $200K | 0.0% |
| Schlotzsky's Sandwich Shop | 2 | $1.4M | 0.0% |
| Quality Inn | 2 | $981K | 0.0% |
| Hardware Hank | 2 | $320K | 0.0% |
| The UPS Store (f/k/a Mail Box | 2 | $1.0M | 0.0% |
| Cousins Submarines (restaurant | 2 | $224K | 0.0% |
| Massage LuXe | 2 | $788K | 0.0% |
| Ameriprise Financial | 2 | $321K | 0.0% |
| Paul W. Davis Systems | 1 | $75K | 0.0% |
| All-Car Automotive | 1 | $469K | 100.0% |
| Storheim's Frozen Custard | 1 | $400K | 0.0% |
Lending volume by year
1'92
1
2
2
2
3'98
7
4
3
1
5'03
2
2
2
4
2'08
8
4
5
5
8'14
5
7
2
4
6'19
2
4
1
1'25
Bank of Ann Arbor default rate by loan vintage
BrandNational avg
Geographic exposure
586.9%
3212.0%
50.0%
20.0%
20.0%
20.0%
10.0%
10.0%
10.0%
10.0%
Portfolio summary
Total funded$60.8M
Defaults7 of 105
Risk tierGOOD
Avg rate6.02%
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%).