BN
SBA 7(a) franchise lending portfolio
Broadway National Bank
CRITICAL risk
- Total loans
- 33
- Loan volume
- $6.7M
- Avg loan size
- $202K
- Charge-off rate
- 39.3%
- vs 15.4% national avg
Defaults
11
Avg interest
6.17%
Franchises funded
27
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Subway Sandwich Shop | 2 | $106K | 0.0% (low risk) |
| La Paletera | 2 | $572K | 100.0% (very high risk) |
| Curves For Women | 2 | $180K | 100.0% (very high risk) |
| Cottman Transmission | 2 | $242K | 50.0% (very high risk) |
| Fantastic Sam's | 2 | $230K | 0.0% (low risk) |
| Cinnaholic | 2 | $625K | 0.0% (low risk) |
| Petland | 1 | $210K | 100.0% (very high risk) |
| I Can't Believe It's Yogurt | 1 | $100K | 100.0% (very high risk) |
| Line-X | 1 | $160K | 0.0% (low risk) |
| Great Clips | 1 | $98K | 0.0% (low risk) |
| Liberty Tax Service | 1 | $56K | 0.0% (low risk) |
| Realty Executive | 1 | $75K | 0.0% (low risk) |
| Quiznos | 1 | $150K | 0.0% (low risk) |
| Mobile Appearance Reconditioni | 1 | $33K | 0.0% (low risk) |
| Sports Clips | 1 | $181K | 0.0% (low risk) |
| Merle Norman Cosmetics | 1 | $40K | 100.0% (very high risk) |
| Knowledgepoints | 1 | $150K | 100.0% (very high risk) |
| Servpro | 1 | $100K | 0.0% (low risk) |
| Hobbytown Usa | 1 | $670K | 100.0% (very high risk) |
| Precision Tune Auto Care | 1 | $110K | 100.0% (very high risk) |
Lending volume by year
1'92
1'94
2'95
2'01
1'02
1'03
4'04
6'05
1'06
2'07
1'13
1'14
1'15
2'16
2'18
1'20
3'22
1'23
Geographic exposure
3339.3% (very high risk)
Portfolio summary
Total funded$6.7M
Defaults11 of 33
Risk tierCRITICAL
Avg rate6.17%
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 Broadway National Bank originated?
- 33 loans totaling $6.7M. The portfolio carries a 39.3% 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 Broadway National Bank fund the most?
- The “Top franchise exposures” table above lists the brands Broadway National Bank has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.