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SBA 7(a) franchise lending portfolio
Cathay Bank
GOOD risk
- Total loans
- 49
- Loan volume
- $53.7M
- Avg loan size
- $1.1M
- Default rate
- 5.0%
- vs 15.4% national avg
Defaults
2
Avg interest
5.87%
Franchises funded
36
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Subway Sandwich Shop | 6 | $1.4M | 0.0% |
| Best Western - Membership Agre | 3 | $8.2M | 0.0% |
| Motel 6 | 3 | $13.1M | — |
| Dairy Queen | 2 | $90K | 0.0% |
| Travelodge | 2 | $2.7M | 0.0% |
| The UPS Store (f/k/a Mail Box | 2 | $865K | 0.0% |
| Comfort/ Comfort Inn & Suites/ | 2 | $2.3M | 0.0% |
| Kelly's Coffee & Fudge Factory | 1 | $65K | 0.0% |
| Sylvan Learning Center | 1 | $100K | 0.0% |
| Sizzler Family Steakhouse | 1 | $100K | 0.0% |
| Comforcare Senior Services | 1 | $315K | 0.0% |
| Popeye's Famous Fried Chicken | 1 | $300K | 0.0% |
| Upper House Asian Bistro | 1 | $183K | 0.0% |
| Mobil Oil (stations) | 1 | $756K | 0.0% |
| Quiznos | 1 | $200K | 0.0% |
| Jody Marconi's Sausage Kingdom | 1 | $130K | 0.0% |
| Winchell's Donut House | 1 | $50K | 0.0% |
| Red Brick Pizza | 1 | $150K | 0.0% |
| The UPS Store | 1 | $140K | 0.0% |
| Massage Envy | 1 | $410K | 0.0% |
Lending volume by year
1'95
1
1
1
2
2'02
4
1
2
3
1'07
2
3
3
2
1'13
2
4
4
3
4'20
1
1'23
Cathay Bank default rate by loan vintage
BrandNational avg
Geographic exposure
Portfolio summary
Total funded$53.7M
Defaults2 of 49
Risk tierGOOD
Avg rate5.87%
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%).