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SBA 7(a) franchise lending portfolio
Bank of Belleville
AVERAGE risk
- Total loans
- 13
- Loan volume
- $4.9M
- Avg loan size
- $378K
- Default rate
- 11.1%
- vs 15.4% national avg
Defaults
1
Avg interest
5.97%
Franchises funded
10
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Smoothie King | 4 | $951K | 0.0% |
| Quiznos | 1 | $130K | 0.0% |
| Smoothie King | 1 | $266K | 0.0% |
| Carstar Automotive | 1 | $150K | 0.0% |
| Knockouts, Haircuts For Men | 1 | $130K | 0.0% |
| Hi-Pointe Drive-In | 1 | $2.1M | 100.0% |
| Jet's Pizza | 1 | $350K | — |
| Flooring America - Member Agre | 1 | $220K | — |
| bb.q Chicken | 1 | $200K | — |
| CertaPro Painters | 1 | $450K | — |
Lending volume by year
1'06
1'12
2'15
1'18
1'20
4'21
1'22
1'23
1'24
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%).