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SBA 7(a) franchise lending portfolio
Business Development Corporation of South Carolina
GOOD risk
- Total loans
- 127
- Loan volume
- $37.2M
- Avg loan size
- $293K
- Default rate
- 6.7%
- vs 15.4% national avg
Defaults
8
Avg interest
6.39%
Franchises funded
91
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Subway Sandwich Shop | 7 | $1.4M | 0.0% |
| Eggs Up Grill | 7 | $3.8M | 0.0% |
| Jersey Mike's (deli Restaurant | 5 | $795K | 0.0% |
| Blimpie | 3 | $290K | 0.0% |
| Partyland (retail Party Goods) | 3 | $486K | 66.7% |
| Marco's Pizza | 3 | $2.3M | 0.0% |
| Domino's Pizza | 2 | $345K | 0.0% |
| Comfort Inn | 2 | $3.0M | 0.0% |
| Servpro | 2 | $401K | 0.0% |
| Zoes Kitchen | 2 | $650K | 0.0% |
| UPS Store | 2 | $428K | 0.0% |
| Wingstop Restaurant | 2 | $409K | 0.0% |
| Fox's Pizza Den | 2 | $144K | 50.0% |
| International House Of Pancake | 2 | $735K | 0.0% |
| The UPS Store | 2 | $1.2M | 0.0% |
| Signs By Tomorrow | 2 | $291K | 0.0% |
| Subway | 2 | $351K | 0.0% |
| Smallcakes Cupcakery | 2 | $509K | 0.0% |
| Lean Kitchen Company | 2 | $808K | 0.0% |
| Jimmy John's | 2 | $530K | 0.0% |
Lending volume by year
1'92
5
2
2
2
2'00
1
5
11
8
8'05
9
9
4
8
1'10
6
7
4
6
4'16
2
3
6
1
2'21
6
2'25
Business Development Corporation of South Carolina default rate by loan vintage
BrandNational avg
Geographic exposure
Portfolio summary
Total funded$37.2M
Defaults8 of 127
Risk tierGOOD
Avg rate6.39%
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%).