BO
SBA 7(a) franchise lending portfolio
Bank of the West
CRITICAL risk
- Total loans
- 83
- Loan volume
- $39.5M
- Avg loan size
- $476K
- Charge-off 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% (very high risk) |
| Chicken Express | 5 | $11.2M | 0.0% (low risk) |
| Wingstop | 4 | $1.8M | 0.0% (low risk) |
| Submarina Sandwiches | 3 | $317K | 0.0% (low risk) |
| Mcalister's Deli | 3 | $3.0M | 0.0% (low risk) |
| Exxon | 2 | $220K | 0.0% (low risk) |
| Miracle-Ear Centers | 2 | $220K | 0.0% (low risk) |
| Speedee Oil Change & Tune-Up | 2 | $171K | 0.0% (low risk) |
| Schlotzsky's Sandwich Shop | 2 | $120K | 0.0% (low risk) |
| All Tune And Lube | 2 | $90K | 100.0% (very high risk) |
| Minuteman Press | 2 | $185K | 50.0% (very high risk) |
| Marble Slab Creamery | 2 | $220K | 50.0% (very high risk) |
| Rapid Refill Ink | 2 | $350K | 0.0% (low risk) |
| Hotworx | 2 | $430K | 0.0% (low risk) |
| Meineke | 2 | $490K | 100.0% (very high risk) |
| Taco Bell | 2 | $5.4M | 0.0% (low risk) |
| Comet Cleaners | 2 | $2.5M | N/A |
| Blackjack Pizza | 1 | $50K | 0.0% (low risk) |
| Parcel Plus | 1 | $61K | 100.0% (very high risk) |
| Wild Birds Unlimited | 1 | $60K | 0.0% (low risk) |
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 charge-off rate by loan vintage
BrandNational avg
Geographic exposure
7021.7% (very high risk)
825.0% (very high risk)
40.0% (low risk)
10.0% (low risk)
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
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 “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 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.