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SBA 7(a) franchise lending portfolio
Beneficial State Bank
AVERAGE risk
- Total loans
- 21
- Loan volume
- $5.1M
- Avg loan size
- $244K
- Default rate
- 11.1%
- vs 15.4% national avg
Defaults
2
Avg interest
6.62%
Franchises funded
16
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Postal Annex Plus | 2 | $170K | 0.0% |
| Jackson Hewitt Tax Service | 2 | $125K | 0.0% |
| Party City (party Paper Goods) | 2 | $800K | 0.0% |
| Subway | 2 | $377K | 0.0% |
| Navis Pack & Ship (Commercial | 2 | $730K | — |
| Domino's Pizza | 1 | $225K | 100.0% |
| Dutch Bros. Coffee | 1 | $520K | 0.0% |
| Jamba Juice | 1 | $700K | 0.0% |
| Figaro's Italian Pizza | 1 | $150K | 0.0% |
| Quiznos | 1 | $75K | 0.0% |
| Chem-Dry | 1 | $82K | 100.0% |
| Baskin-Robbins 31 Ice Cream | 1 | $7K | 0.0% |
| Burger King | 1 | $393K | 0.0% |
| Subway Sandwich Shop | 1 | $30K | 0.0% |
| Pure Barre | 1 | $100K | 0.0% |
| Servpro | 1 | $630K | — |
Lending volume by year
1'99
3'01
2'02
1'06
2'07
1'08
5'09
1'14
2'15
3'25
Geographic exposure
Portfolio summary
Total funded$5.1M
Defaults2 of 21
Risk tierAVERAGE
Avg rate6.62%
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%).