CN
SBA 7(a) franchise lending portfolio
Citibank, N.A.
Risk rating: Elevated
- Total loans
- 117
- Loan volume
- $18.7M
- Avg loan size
- $160K
- Charge-off rate
- 15.7%
- vs 16.0% national
Charged off
18
Avg interest
6.49%
Franchises funded
78
Risk rating
Elevated
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Pearle Vision Center | 9 | $2.5M | N/A |
| Mail Boxes Etc. Usa | 9 | $599K | N/A |
| Subway Sandwich Shop | 8 | $360K | N/A |
| AAMCO Transmissions | 3 | $195K | N/A |
| Quiznos | 3 | $250K | N/A |
| Domino's Pizza | 2 | $302K | N/A |
| Econo Lub N Tune | 2 | $790K | N/A |
| Tcby | 2 | $317K | N/A |
| Post Net | 2 | $62K | N/A |
| Blimpie | 2 | $40K | N/A |
| Minuteman Press | 2 | $200K | N/A |
| Dryclean Usa | 2 | $150K | N/A |
| Best Western Inn | 2 | $1.6M | N/A |
| Liberty Tax Service | 2 | $90K | N/A |
| Carvel Ice Cream | 2 | $75K | N/A |
| Round Table Pizza | 2 | $70K | N/A |
| Pinch-A-Penny | 2 | $100K | N/A |
| Great Steak And Potato Company | 2 | $150K | N/A |
| Mobil Oil (stations) | 1 | $200K | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1992 | 2 |
| FY1994 | 1 |
| FY1995 | 9 |
| FY1996 | 12 |
| FY1997 | 5 |
| FY1998 | 5 |
| FY1999 | 12 |
| FY2000 | 3 |
| FY2001 | 5 |
| FY2002 | 2 |
| FY2003 | 3 |
| FY2004 | 4 |
| FY2005 | 5 |
| FY2006 | 3 |
| FY2007 | 11 |
| FY2008 | 12 |
| FY2010 | 1 |
| FY2012 | 1 |
| FY2014 | 2 |
| FY2015 | 3 |
| FY2016 | 12 |
| FY2018 | 2 |
| FY2020 | 1 |
| FY2023 | 1 |
SBA 7(a) · charge-off rate by approval year
Citibank, N.A.: below all franchise loans in 4 of 5 rated years
Hollow rings on the axis: years with fewer than 10 resolved loans, not rated (too few to judge). Their numbers are in the table.
Show the numbers by year
| Year | Resolved | Charged off | Rate |
|---|---|---|---|
| 1995 | 9 | 3 | Too few |
| 1996 | 12 | 3 | 25.0% |
| 1997 | 5 | 2 | Too few |
| 1998 | 4 | 0 | Too few |
| 1999 | 12 | 1 | 8.3% |
| 2000 | 3 | 0 | Too few |
| 2001 | 5 | 0 | Too few |
| 2003 | 3 | 2 | Too few |
| 2004 | 4 | 1 | Too few |
| 2005 | 5 | 0 | Too few |
| 2006 | 3 | 0 | Too few |
| 2007 | 11 | 3 | 27.3% |
| 2008 | 12 | 2 | 16.7% |
| 2015 | 3 | 0 | Too few |
| 2016 | 12 | 0 | 0.0% |
Dashed line: all franchise 7(a) loans approved the same year.
Source and method
SBA 7(a) FOIA loan records. Rate: charged-off loans over resolved loans (paid in full plus charged off) for loans approved that year; it moves as loans are resolved.
Geographic exposure
5111.8% (average)
2917.9% (elevated)
1513.3% (average)
6N/A
6N/A
3N/A
3N/A
2N/A
1N/A
1N/A
Portfolio summary
Total funded$18.7M
Charged off18 of 117
Risk tierElevated
Avg rate6.49%
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 Citibank, N.A. originated?
- 117 loans totaling $18.7M. The portfolio carries a 15.7% charge-off rate, earning a “Elevated” risk rating.
- What is the charge-off rate and why does it matter?
- Charge-off rate = charge-offs / (charge-offs + paid-in-full). Across SBA 7(a) franchise lending, the national charge-off rate is 16.0% over 94,550 resolved loans.Portfolios materially above that signal either riskier franchise selection or weaker underwriting. Citibank, N.A.'s rate of 15.7% is near the national rate.
- 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 Citibank, N.A. fund the most?
- The “Top franchise exposures” table above lists the brands Citibank, N.A. has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.