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FranchiseVerdict

SBA 7(a) franchise lending portfolio

Buckeye State Bank

ELEVATED risk
Total loans
25
Loan volume
$7.2M
Avg loan size
$289K
Charge-off rate
16.7%
vs 15.4% national avg

Defaults

3

Avg interest

7.38%

Franchises funded

14

Risk rating

ELEVATED

Top franchise exposures

FranchiseLoansVolumeDefault %
Marco's Pizza8$2.3M0.0% (low risk)
Rocky Mountain Chocolate Facto2$259K100.0% (very high risk)
Vito's Pizza2$1.2M0.0% (low risk)
Marco's Pizza2$694K0.0% (low risk)
The Tox2$554KN/A
Mr. Electric1$62K0.0% (low risk)
Five Star Painting1$50K0.0% (low risk)
Barry Bagels1$299KN/A
Tutti Frutti Frozen Yogurt1$200K0.0% (low risk)
Forever Yogurt1$316K100.0% (very high risk)
Mobility City1$185KN/A
MaidPro1$175KN/A
Another Broken Egg Cafe1$259KN/A
Crumbl1$649KN/A

Buckeye State Bank charge-off rate by loan vintage

BrandNational avg
Buckeye State Bank charge-off rate by loan vintage. Showing 3 vintages from 2014 to 2016. Rates range from 0.0% to 20.0%.0%5%10%15%20%'14'15'16

Geographic exposure

1333.3% (very high risk)
40.0% (low risk)
10.0% (low risk)
10.0% (low risk)
10.0% (low risk)
1100.0% (very high risk)
10.0% (low risk)
10.0% (low risk)
10.0% (low risk)
10.0% (low risk)

Portfolio summary

Total funded$7.2M
Defaults3 of 25
Risk tierELEVATED
Avg rate7.38%

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 Buckeye State Bank originated?
25 loans totaling $7.2M. The portfolio carries a 16.7% charge-off rate, earning a “ELEVATED” 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 Buckeye State Bank fund the most?
The “Top franchise exposures” table above lists the brands Buckeye State 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.