BB
SBA 7(a) franchise lending portfolio
BMO Bank National Association
AVERAGE risk
- Total loans
- 1,101
- Loan volume
- $356.2M
- Avg loan size
- $323K
- Charge-off rate
- 13.2%
- vs 15.4% national avg
Defaults
133
Avg interest
5.92%
Franchises funded
452
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Matco Tools (rent Tools) | 63 | $6.2M | 17.5% (high risk) |
| Quiznos | 54 | $8.4M | 27.8% (very high risk) |
| Subway Sandwich Shop | 48 | $7.7M | 0.0% (low risk) |
| Mail Boxes Etc. Usa | 24 | $3.9M | 12.5% (elevated risk) |
| Dairy Queen | 17 | $5.4M | 0.0% (low risk) |
| Culver's Frozen Custard | 17 | $8.0M | 5.9% (moderate risk) |
| Cold Stone Creamery, Inc. | 16 | $3.4M | 25.0% (very high risk) |
| Curves For Women | 16 | $1.5M | 0.0% (low risk) |
| Cousins Submarines (restaurant | 12 | $2.1M | 8.3% (moderate risk) |
| Jimmy John's | 12 | $3.0M | 0.0% (low risk) |
| Papa Murphy's Take & Bake Pizz | 11 | $1.7M | 0.0% (low risk) |
| MAACO Auto Painting Center | 10 | $1.8M | 10.0% (elevated risk) |
| Domino's Pizza | 10 | $1.1M | 0.0% (low risk) |
| Super 8 Motel | 10 | $7.9M | 22.2% (very high risk) |
| Chevron (gas Station) | 10 | $13.5M | 0.0% (low risk) |
| Blimpie | 9 | $1.5M | 22.2% (very high risk) |
| Days Inn | 9 | $10.2M | 22.2% (very high risk) |
| Submarina Sandwiches | 7 | $773K | 14.3% (elevated risk) |
| Fantastic Sam's | 7 | $644K | 0.0% (low risk) |
| Ace Hardware | 7 | $2.6M | 0.0% (low risk) |
Lending volume by year
20'92
19
23
47
31
35'97
53
55
71
77
115'02
109
92
57
29
16'07
15
7
8
9
3'12
8
20
24
17
18'17
30
23
10
28
14'22
15
1
2'25
BMO Bank National Association charge-off rate by loan vintage
BrandNational avg
Shaded area: recent vintages with few resolved loans; rates may change as loans mature.
Geographic exposure
Portfolio summary
Total funded$356.2M
Defaults133 of 1,101
Risk tierAVERAGE
Avg rate5.92%
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 BMO Bank National Association originated?
- 1,101 loans totaling $356.2M. The portfolio carries a 13.2% charge-off rate, earning a “AVERAGE” 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 BMO Bank National Association fund the most?
- The “Top franchise exposures” table above lists the brands BMO Bank National Association has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.