B
SBA 7(a) franchise lending portfolio
BankPlus
GOOD risk
- Total loans
- 35
- Loan volume
- $8.4M
- Avg loan size
- $240K
- Charge-off rate
- 9.4%
- vs 15.4% national avg
Defaults
3
Avg interest
5.75%
Franchises funded
22
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Subway Sandwich Shop | 5 | $720K | 20.0% (very high risk) |
| Smoothie King (health Food Sto | 5 | $633K | 0.0% (low risk) |
| Shell Service Station | 4 | $2.7M | 0.0% (low risk) |
| Quiznos | 2 | $279K | 0.0% (low risk) |
| Servpro | 2 | $658K | 0.0% (low risk) |
| AAMCO Transmissions | 1 | $95K | 0.0% (low risk) |
| Shoney's Restaurant | 1 | $322K | 100.0% (very high risk) |
| Hallmark Card Shop | 1 | $144K | 0.0% (low risk) |
| Edible Arrangements | 1 | $110K | 0.0% (low risk) |
| Pakmail Centers Of America | 1 | $60K | 0.0% (low risk) |
| Gymboree | 1 | $140K | 0.0% (low risk) |
| Sears Catalog Store | 1 | $12K | 0.0% (low risk) |
| UPS Store | 1 | $150K | 0.0% (low risk) |
| International House Of Pancake | 1 | $150K | 0.0% (low risk) |
| P J's Coffee And Tea Cafe | 1 | $85K | 100.0% (very high risk) |
| Fox's Pizza Den | 1 | $187K | 0.0% (low risk) |
| Beef O'brady's | 1 | $446K | 0.0% (low risk) |
| True Value Hardware | 1 | $600K | 0.0% (low risk) |
| Jimmy John's | 1 | $280K | 0.0% (low risk) |
| Lost Pizza Co. | 1 | $407K | N/A |
Lending volume by year
1'92
3
2
1
1
1'03
6
3
3
2
2'08
1
1
1
1
1'13
1
1
1
1
1'20
BankPlus charge-off rate by loan vintage
BrandNational avg
Geographic exposure
238.7% (moderate risk)
720.0% (very high risk)
30.0% (low risk)
10.0% (low risk)
1N/A
Portfolio summary
Total funded$8.4M
Defaults3 of 35
Risk tierGOOD
Avg rate5.75%
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 BankPlus originated?
- 35 loans totaling $8.4M. The portfolio carries a 9.4% charge-off rate, earning a “GOOD” 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 BankPlus fund the most?
- The “Top franchise exposures” table above lists the brands BankPlus has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.