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SBA 7(a) franchise lending portfolio
Bank of the Sierra
CRITICAL risk
- Total loans
- 42
- Loan volume
- $11.7M
- Avg loan size
- $278K
- Default 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% |
| Mad Science Group, The | 3 | $82K | 0.0% |
| Port Of Subs | 2 | $300K | 50.0% |
| Subway Sandwich Shop | 2 | $1.9M | 0.0% |
| Togo's Eatery | 2 | $573K | 50.0% |
| Monster Mini Golf | 2 | $287K | 100.0% |
| Cold Stone Creamery, Inc. | 2 | $520K | 0.0% |
| Pick-Em Up Truck Store | 1 | $38K | 0.0% |
| Valvoline Instant Oil Change | 1 | $110K | 0.0% |
| Midas Muffler Shop | 1 | $215K | 0.0% |
| Play It Again Sports (retail S | 1 | $94K | 100.0% |
| Firkin Pubs | 1 | $590K | 100.0% |
| Quik Internet Of The Central V | 1 | $80K | 0.0% |
| Cookies By Design | 1 | $72K | 0.0% |
| Radio Shack | 1 | $93K | 0.0% |
| Gandolfo's New York Delicatess | 1 | $250K | 100.0% |
| Quiznos | 1 | $224K | 100.0% |
| Chevron (gas Station) | 1 | $113K | 0.0% |
| Burger King | 1 | $150K | 0.0% |
| Baskin-Robbins 31 Ice Cream | 1 | $250K | 0.0% |
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 default rate by loan vintage
BrandNational avg
Geographic exposure
4231.7%
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
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%).