CR
SBA 7(a) franchise lending portfolio
Cedar Rapids Bank and Trust Company
AVERAGE risk
- Total loans
- 34
- Loan volume
- $11.0M
- Avg loan size
- $324K
- Charge-off rate
- 11.5%
- vs 15.4% national avg
Defaults
3
Avg interest
6.16%
Franchises funded
26
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| New York Ny Fresh Deli | 3 | $530K | 33.3% (very high risk) |
| Jimmy John's | 3 | $980K | 0.0% (low risk) |
| Nick-N-Willy's Pizza | 2 | $305K | 100.0% (very high risk) |
| Dairy Queen Frozen Treat Cente | 2 | $603K | 0.0% (low risk) |
| Orange Leaf | 2 | $529K | 0.0% (low risk) |
| Chrysler - Sales and Service A | 2 | $3.3M | N/A |
| New Horizon Computer Learning | 1 | $770K | 0.0% (low risk) |
| NAPA Auto Parts | 1 | $800K | 0.0% (low risk) |
| Blimpie | 1 | $75K | 0.0% (low risk) |
| Great Frame (the) | 1 | $150K | 0.0% (low risk) |
| Planet Beach | 1 | $150K | 0.0% (low risk) |
| Val Pak | 1 | $150K | 0.0% (low risk) |
| Dairy Queen | 1 | $345K | 0.0% (low risk) |
| Aire Master Of Delmarva | 1 | $150K | N/A |
| Aire Serv (h&ac) | 1 | $30K | 0.0% (low risk) |
| Arby's | 1 | $500K | 0.0% (low risk) |
| Curves | 1 | $5K | 0.0% (low risk) |
| Right At Home | 1 | $115K | 0.0% (low risk) |
| Escapology | 1 | $110K | 0.0% (low risk) |
| Rocky Mountain Chocolate Facto | 1 | $150K | 0.0% (low risk) |
Lending volume by year
1'98
1'00
2'03
2'04
4'05
1'06
3'07
1'08
1'09
1'11
3'13
2'14
1'16
3'17
2'18
1'20
3'21
1'22
1'23
Cedar Rapids Bank and Trust Company charge-off rate by loan vintage
BrandNational avg
Geographic exposure
Portfolio summary
Total funded$11.0M
Defaults3 of 34
Risk tierAVERAGE
Avg rate6.16%
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 Cedar Rapids Bank and Trust Company originated?
- 34 loans totaling $11.0M. The portfolio carries a 11.5% charge-off rate, earning a “AVERAGE” 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 Cedar Rapids Bank and Trust Company fund the most?
- The “Top franchise exposures” table above lists the brands Cedar Rapids Bank and Trust Company has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.