BO
SBA 7(a) franchise lending portfolio
Bank of the West
Risk rating: High Risk
- Total loans
- 83
- Loan volume
- $39.5M
- Avg loan size
- $476K
- Charge-off rate
- 20.6%
- vs 16.0% national
Charged off
15
Avg interest
6.14%
Franchises funded
56
Risk rating
High Risk
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Smoothie Factory | 5 | $477K | N/A |
| Chicken Express | 5 | $11.2M | N/A |
| Wingstop | 4 | $1.8M | N/A |
| Submarina Sandwiches | 3 | $317K | N/A |
| Mcalister's Deli | 3 | $3.0M | N/A |
| Exxon | 2 | $220K | N/A |
| Miracle-Ear Centers | 2 | $220K | N/A |
| Speedee Oil Change & Tune-Up | 2 | $171K | N/A |
| Schlotzsky's Sandwich Shop | 2 | $120K | N/A |
| All Tune And Lube | 2 | $90K | N/A |
| Minuteman Press | 2 | $185K | N/A |
| Marble Slab Creamery | 2 | $220K | N/A |
| Rapid Refill Ink | 2 | $350K | N/A |
| Hotworx | 2 | $430K | N/A |
| Meineke | 2 | $490K | N/A |
| Taco Bell | 2 | $5.4M | N/A |
| Comet Cleaners | 2 | $2.5M | N/A |
| Blackjack Pizza | 1 | $50K | N/A |
| Parcel Plus | 1 | $61K | N/A |
| Wild Birds Unlimited | 1 | $60K | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1992 | 1 |
| FY1993 | 2 |
| FY1994 | 5 |
| FY1995 | 8 |
| FY1996 | 4 |
| FY1997 | 3 |
| FY1998 | 7 |
| FY1999 | 3 |
| FY2002 | 3 |
| FY2004 | 5 |
| FY2005 | 2 |
| FY2006 | 1 |
| FY2008 | 2 |
| FY2009 | 1 |
| FY2012 | 4 |
| FY2013 | 2 |
| FY2014 | 6 |
| FY2015 | 5 |
| FY2016 | 9 |
| FY2017 | 2 |
| FY2018 | 1 |
| FY2019 | 2 |
| FY2022 | 2 |
| FY2024 | 2 |
| FY2026 | 1 |
SBA 7(a) · charge-off rate by approval year
Bank of the West charge-off rate by loan vintage
None of these 12 approval years has 10 or more resolved loans, too few to draw a trend. Each year’s numbers are in the table below.
Show the numbers by year
| Year | Resolved | Charged off | Rate |
|---|---|---|---|
| 1994 | 5 | 0 | Too few |
| 1995 | 8 | 0 | Too few |
| 1996 | 4 | 0 | Too few |
| 1997 | 3 | 0 | Too few |
| 1998 | 7 | 4 | Too few |
| 1999 | 3 | 1 | Too few |
| 2002 | 3 | 2 | Too few |
| 2004 | 5 | 1 | Too few |
| 2012 | 4 | 1 | Too few |
| 2014 | 5 | 1 | Too few |
| 2015 | 4 | 1 | Too few |
| 2016 | 6 | 0 | Too few |
Source and method
SBA 7(a) FOIA loan records. Rate: charged-off loans over resolved loans (paid in full plus charged off) for loans approved that year; it moves as loans are resolved.
Geographic exposure
Portfolio summary
Total funded$39.5M
Charged off15 of 83
Risk tierHigh Risk
Avg rate6.14%
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 West originated?
- 83 loans totaling $39.5M. The portfolio carries a 20.6% charge-off rate, earning a “High Risk” risk rating.
- What is the charge-off rate and why does it matter?
- Charge-off rate = charge-offs / (charge-offs + paid-in-full). Across SBA 7(a) franchise lending, the national charge-off rate is 16.0% over 94,550 resolved loans.Portfolios materially above that signal either riskier franchise selection or weaker underwriting. Bank of the West's rate of 20.6% is above the national rate.
- 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 West fund the most?
- The “Top franchise exposures” table above lists the brands Bank of the West has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.