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SBA 7(a) franchise lending portfolio
Bank of the West
CRITICAL risk
- Total loans
- 83
- Loan volume
- $39.5M
- Avg loan size
- $476K
- Default rate
- 20.6%
- vs 15.4% national avg
Defaults
15
Avg interest
6.14%
Franchises funded
56
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Smoothie Factory | 5 | $477K | 40.0% |
| Chicken Express | 5 | $11.2M | 0.0% |
| Wingstop | 4 | $1.8M | 0.0% |
| Submarina Sandwiches | 3 | $317K | 0.0% |
| Mcalister's Deli | 3 | $3.0M | 0.0% |
| Exxon | 2 | $220K | 0.0% |
| Miracle-Ear Centers | 2 | $220K | 0.0% |
| Speedee Oil Change & Tune-Up | 2 | $171K | 0.0% |
| Schlotzsky's Sandwich Shop | 2 | $120K | 0.0% |
| All Tune And Lube | 2 | $90K | 100.0% |
| Minuteman Press | 2 | $185K | 50.0% |
| Marble Slab Creamery | 2 | $220K | 50.0% |
| Rapid Refill Ink | 2 | $350K | 0.0% |
| Hotworx | 2 | $430K | 0.0% |
| Meineke | 2 | $490K | 100.0% |
| Taco Bell | 2 | $5.4M | 0.0% |
| Comet Cleaners | 2 | $2.5M | — |
| Blackjack Pizza | 1 | $50K | 0.0% |
| Parcel Plus | 1 | $61K | 100.0% |
| Wild Birds Unlimited | 1 | $60K | 0.0% |
Lending volume by year
1'92
2
5
8
4
3'97
7
3
3
5
2'05
1
2
1
4
2'13
6
5
9
2
1'18
2
2
2
1'26
Bank of the West default rate by loan vintage
BrandNational avg
Geographic exposure
Portfolio summary
Total funded$39.5M
Defaults15 of 83
Risk tierCRITICAL
Avg rate6.14%
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%).