BO
SBA 7(a) franchise lending portfolio
Bank of Ann Arbor
GOOD risk
- Total loans
- 105
- Loan volume
- $60.8M
- Avg loan size
- $579K
- Charge-off 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% (low risk) |
| Goldfish Swim School | 7 | $10.5M | 0.0% (low risk) |
| Dairy Queen | 6 | $2.2M | 16.7% (high risk) |
| Subway Sandwich Shop | 5 | $481K | 0.0% (low risk) |
| Ameriprise Financial Services | 5 | $768K | 0.0% (low risk) |
| Econo Lodge Motel | 3 | $1.7M | 0.0% (low risk) |
| Culver's Frozen Custard | 3 | $2.7M | 0.0% (low risk) |
| Red Roof Inn | 3 | $750K | 0.0% (low risk) |
| Superior Walls | 2 | $1.1M | 50.0% (very high risk) |
| Glass Doctor | 2 | $200K | 0.0% (low risk) |
| Schlotzsky's Sandwich Shop | 2 | $1.4M | 0.0% (low risk) |
| Quality Inn | 2 | $981K | 0.0% (low risk) |
| Hardware Hank | 2 | $320K | 0.0% (low risk) |
| The UPS Store (f/k/a Mail Box | 2 | $1.0M | 0.0% (low risk) |
| Cousins Submarines (restaurant | 2 | $224K | 0.0% (low risk) |
| Massage LuXe | 2 | $788K | 0.0% (low risk) |
| Ameriprise Financial | 2 | $321K | 0.0% (low risk) |
| Paul W. Davis Systems | 1 | $75K | 0.0% (low risk) |
| All-Car Automotive | 1 | $469K | 100.0% (very high risk) |
| Storheim's Frozen Custard | 1 | $400K | 0.0% (low risk) |
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 charge-off rate by loan vintage
BrandNational avg
Geographic exposure
586.9% (moderate risk)
3212.0% (elevated risk)
50.0% (low risk)
20.0% (low risk)
20.0% (low risk)
20.0% (low risk)
10.0% (low risk)
10.0% (low risk)
10.0% (low risk)
10.0% (low risk)
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
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). 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 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.