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SBA 7(a) franchise lending portfolio
Carolina Small Business Development Fund
EXCELLENT risk
- Total loans
- 21
- Loan volume
- $3.8M
- Avg loan size
- $180K
- Default rate
- 0.0%
- vs 15.4% national avg
Defaults
0
Avg interest
8.42%
Franchises funded
19
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Smallcakes | 2 | $424K | 0.0% |
| Hwy 55 Burgers Shakes & Fries | 2 | $425K | — |
| AAMCO Transmissions | 1 | $250K | — |
| The Grounds Guys | 1 | $60K | 0.0% |
| Barberitos | 1 | $245K | 0.0% |
| Anytime Fitness | 1 | $200K | — |
| Fit Body Boot Camp | 1 | $38K | 0.0% |
| Liberty Tax Service | 1 | $50K | 0.0% |
| Smallcakes Cupcakery | 1 | $181K | 0.0% |
| Signal 88 Security | 1 | $80K | 0.0% |
| Wine & design | 1 | $60K | 0.0% |
| Hobbytown Usa | 1 | $178K | 0.0% |
| Righttime Kids | 1 | $150K | — |
| No Grease! | 1 | $180K | — |
| Five Guys Burgers and Fries | 1 | $204K | 0.0% |
| Supply Pointe | 1 | $165K | — |
| 101 Mobility | 1 | $290K | — |
| Abbott's Frozen Custard | 1 | $249K | — |
| Tempory Wall Systems | 1 | $350K | — |
Lending volume by year
2'14
5'15
3'16
1'17
4'18
2'19
3'24
1'25
Geographic exposure
210.0%
Portfolio summary
Total funded$3.8M
Defaults0 of 21
Risk tierEXCELLENT
Avg rate8.42%
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%).