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SBA 7(a) franchise lending portfolio
Bank of Springfield
CRITICAL risk
- Total loans
- 22
- Loan volume
- $6.7M
- Avg loan size
- $305K
- Default rate
- 27.3%
- vs 15.4% national avg
Defaults
3
Avg interest
6.20%
Franchises funded
17
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Apricot Lane | 3 | $566K | — |
| X-Golf | 3 | $2.1M | — |
| The Little Gym | 2 | $100K | 0.0% |
| Golf U.s.a. (retail Golf Equip | 1 | $200K | 100.0% |
| Dunkin' Donuts | 1 | $820K | 100.0% |
| Papa Murphy's Take & Bake Pizz | 1 | $117K | 0.0% |
| Spaghetti Shop (the) | 1 | $138K | 0.0% |
| Mr. Sandless | 1 | $25K | 0.0% |
| Egg & I Restaurant (the) | 1 | $580K | 0.0% |
| Carquest | 1 | $300K | 0.0% |
| Motel 6 | 1 | $255K | 0.0% |
| Pie Five Pizza Co. | 1 | $392K | 100.0% |
| Miracle Method Surface Refinis | 1 | $259K | 0.0% |
| Oxi Fresh Carpet Cleaning | 1 | $45K | — |
| Real Property Management | 1 | $255K | — |
| Medi-Weightloss | 1 | $300K | — |
| FRSTeam | 1 | $300K | — |
Lending volume by year
1'98
2'05
1'09
1'12
1'15
2'16
2'19
2'20
4'21
1'22
1'23
4'25
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%).