BO
SBA 7(a) franchise lending portfolio
Bank of Ann Arbor
Risk rating: Good
- Total loans
- 105
- Loan volume
- $60.8M
- Avg loan size
- $579K
- Charge-off rate
- 7.3%
- vs 16.0% national
Charged off
7
Avg interest
6.02%
Franchises funded
64
Risk rating
Good
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Goldfish Swim School | 15 | $21.4M | 0.0% (excellent) |
| Ameriprise Financial Services | 7 | $1.1M | N/A |
| Dairy Queen | 6 | $2.2M | N/A |
| Subway Sandwich Shop | 5 | $481K | N/A |
| Econo Lodge Motel | 3 | $1.7M | N/A |
| Culver's Frozen Custard | 3 | $2.7M | N/A |
| Red Roof Inn | 3 | $750K | N/A |
| Superior Walls | 2 | $1.1M | N/A |
| Glass Doctor | 2 | $200K | N/A |
| Schlotzsky's Sandwich Shop | 2 | $1.4M | N/A |
| Quality Inn | 2 | $981K | N/A |
| Hardware Hank | 2 | $320K | N/A |
| The UPS Store (f/k/a Mail Box | 2 | $1.0M | N/A |
| Cousins Submarines (restaurant | 2 | $224K | N/A |
| Massage LuXe | 2 | $788K | N/A |
| Paul W. Davis Systems | 1 | $75K | N/A |
| All-Car Automotive | 1 | $469K | N/A |
| Storheim's Frozen Custard | 1 | $400K | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1992 | 1 |
| FY1993 | 1 |
| FY1995 | 2 |
| FY1996 | 2 |
| FY1997 | 2 |
| FY1998 | 3 |
| FY1999 | 7 |
| FY2000 | 4 |
| FY2001 | 3 |
| FY2002 | 1 |
| FY2003 | 5 |
| FY2004 | 2 |
| FY2005 | 2 |
| FY2006 | 2 |
| FY2007 | 4 |
| FY2008 | 2 |
| FY2010 | 8 |
| FY2011 | 4 |
| FY2012 | 5 |
| FY2013 | 5 |
| FY2014 | 8 |
| FY2015 | 5 |
| FY2016 | 7 |
| FY2017 | 2 |
| FY2018 | 4 |
| FY2019 | 6 |
| FY2020 | 2 |
| FY2021 | 4 |
| FY2024 | 1 |
| FY2025 | 1 |
SBA 7(a) · charge-off rate by approval year
Bank of Ann Arbor charge-off rate by loan vintage
None of these 15 approval years has 10 or more resolved loans, too few to draw a trend. Each year’s numbers are in the table below.
Show the numbers by year
| Year | Resolved | Charged off | Rate |
|---|---|---|---|
| 1998 | 3 | 0 | Too few |
| 1999 | 7 | 1 | Too few |
| 2000 | 4 | 1 | Too few |
| 2001 | 3 | 0 | Too few |
| 2003 | 5 | 0 | Too few |
| 2007 | 4 | 1 | Too few |
| 2010 | 8 | 0 | Too few |
| 2011 | 4 | 0 | Too few |
| 2012 | 5 | 0 | Too few |
| 2013 | 5 | 0 | Too few |
| 2014 | 8 | 0 | Too few |
| 2015 | 5 | 0 | Too few |
| 2016 | 6 | 0 | Too few |
| 2018 | 4 | 0 | Too few |
| 2019 | 5 | 0 | Too few |
Source and method
SBA 7(a) FOIA loan records. Rate: charged-off loans over resolved loans (paid in full plus charged off) for loans approved that year; it moves as loans are resolved.
Geographic exposure
586.9% (good)
3212.0% (average)
5N/A
2N/A
2N/A
2N/A
1N/A
1N/A
1N/A
1N/A
Portfolio summary
Total funded$60.8M
Charged off7 of 105
Risk tierGood
Avg rate6.02%
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 Ann Arbor originated?
- 105 loans totaling $60.8M. The portfolio carries a 7.3% 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). Across SBA 7(a) franchise lending, the national charge-off rate is 16.0% over 94,550 resolved loans.Portfolios materially above that signal either riskier franchise selection or weaker underwriting. Bank of Ann Arbor's rate of 7.3% is below the national rate.
- 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 Ann Arbor fund the most?
- The “Top franchise exposures” table above lists the brands Bank of Ann Arbor has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.