BO
SBA 7(a) franchise lending portfolio
Bank of the Sierra
CRITICAL risk
- Total loans
- 42
- Loan volume
- $11.7M
- Avg loan size
- $278K
- Charge-off rate
- 31.7%
- vs 15.4% national avg
Defaults
13
Avg interest
6.18%
Franchises funded
33
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Realty World | 3 | $520K | 100.0% (very high risk) |
| Mad Science Group, The | 3 | $82K | 0.0% (low risk) |
| Port Of Subs | 2 | $300K | 50.0% (very high risk) |
| Subway Sandwich Shop | 2 | $1.9M | 0.0% (low risk) |
| Togo's Eatery | 2 | $573K | 50.0% (very high risk) |
| Monster Mini Golf | 2 | $287K | 100.0% (very high risk) |
| Cold Stone Creamery, Inc. | 2 | $520K | 0.0% (low risk) |
| Pick-Em Up Truck Store | 1 | $38K | 0.0% (low risk) |
| Valvoline Instant Oil Change | 1 | $110K | 0.0% (low risk) |
| Midas Muffler Shop | 1 | $215K | 0.0% (low risk) |
| Play It Again Sports (retail S | 1 | $94K | 100.0% (very high risk) |
| Firkin Pubs | 1 | $590K | 100.0% (very high risk) |
| Quik Internet Of The Central V | 1 | $80K | 0.0% (low risk) |
| Cookies By Design | 1 | $72K | 0.0% (low risk) |
| Radio Shack | 1 | $93K | 0.0% (low risk) |
| Gandolfo's New York Delicatess | 1 | $250K | 100.0% (very high risk) |
| Quiznos | 1 | $224K | 100.0% (very high risk) |
| Chevron (gas Station) | 1 | $113K | 0.0% (low risk) |
| Burger King | 1 | $150K | 0.0% (low risk) |
| Baskin-Robbins 31 Ice Cream | 1 | $250K | 0.0% (low risk) |
Lending volume by year
2'95
1'96
1'98
2'99
2'00
3'01
1'02
2'03
2'05
7'06
5'07
1'08
7'09
1'10
1'11
1'12
1'13
1'16
1'18
Bank of the Sierra charge-off rate by loan vintage
BrandNational avg
Geographic exposure
4231.7% (very high risk)
Portfolio summary
Total funded$11.7M
Defaults13 of 42
Risk tierCRITICAL
Avg rate6.18%
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 the Sierra originated?
- 42 loans totaling $11.7M. The portfolio carries a 31.7% charge-off rate, earning a “CRITICAL” 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 the Sierra fund the most?
- The “Top franchise exposures” table above lists the brands Bank of the Sierra has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.