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SBA 7(a) franchise lending portfolio
Busey Bank
AVERAGE risk
- Total loans
- 190
- Loan volume
- $116.9M
- Avg loan size
- $615K
- Default rate
- 11.8%
- vs 15.4% national avg
Defaults
18
Avg interest
6.43%
Franchises funded
142
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Culver's | 4 | $4.0M | 0.0% |
| Hounds Town USA | 4 | $2.3M | 0.0% |
| Servicemaster | 3 | $367K | 0.0% |
| Ace Hardware | 3 | $2.0M | 0.0% |
| Chemstation | 3 | $630K | 0.0% |
| Dairy Queen | 3 | $1.5M | 0.0% |
| Burger King | 3 | $1.1M | 0.0% |
| Paciugo | 3 | $731K | 100.0% |
| Paul Davis Restoration | 3 | $646K | 0.0% |
| The UPS Store (f/k/a Mail Box | 3 | $1.2M | 0.0% |
| Speedy Sign-O-Rama | 2 | $87K | 0.0% |
| Play It Again Sports (retail S | 2 | $121K | 0.0% |
| All Tune And Lube | 2 | $120K | 50.0% |
| Travelodge | 2 | $1.4M | 0.0% |
| Indy Lube Service Center | 2 | $883K | 0.0% |
| Harley Davidson | 2 | $4.4M | 0.0% |
| Century 21 | 2 | $971K | 0.0% |
| Schlotzsky's Sandwich Shop | 2 | $225K | 50.0% |
| Golf U.s.a. (retail Golf Equip | 2 | $440K | 50.0% |
| Super 8 Motel | 2 | $1.9M | 0.0% |
Lending volume by year
3'92
3
5
7
5
6'97
4
9
2
6
5'02
2
6
2
2
7'07
2
4
2
4
5'12
6
7
14
11
6'17
7
9
9
8
9'22
4
7
1
1'26
Busey Bank default rate by loan vintage
BrandNational avg
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%).