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SBA 7(a) franchise lending portfolio
Citibank, N.A.
ELEVATED risk
- Total loans
- 117
- Loan volume
- $18.7M
- Avg loan size
- $160K
- Default rate
- 15.7%
- vs 15.4% national avg
Defaults
18
Avg interest
6.49%
Franchises funded
78
Risk rating
ELEVATED
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Pearle Vision Center | 9 | $2.5M | 0.0% |
| Subway Sandwich Shop | 8 | $360K | 12.5% |
| Mail Boxes Etc. Usa | 7 | $537K | 14.3% |
| AAMCO Transmissions | 3 | $195K | 0.0% |
| Quiznos | 3 | $250K | 100.0% |
| Domino's Pizza | 2 | $302K | 0.0% |
| Econo Lub N Tune | 2 | $790K | 50.0% |
| Tcby | 2 | $317K | 50.0% |
| Post Net | 2 | $62K | 0.0% |
| Blimpie | 2 | $40K | 0.0% |
| Minuteman Press | 2 | $200K | 0.0% |
| Dryclean Usa | 2 | $150K | 0.0% |
| Best Western Inn | 2 | $1.6M | 50.0% |
| Liberty Tax Service | 2 | $90K | 0.0% |
| Carvel Ice Cream | 2 | $75K | 50.0% |
| Round Table Pizza | 2 | $70K | 0.0% |
| Pinch-A-Penny | 2 | $100K | 0.0% |
| Great Steak And Potato Company | 2 | $150K | 0.0% |
| The UPS Store | 2 | $62K | 0.0% |
| Mobil Oil (stations) | 1 | $200K | 0.0% |
Lending volume by year
2'92
1
9
12
5
5'98
12
3
5
2
3'03
4
5
3
11
12'08
1
1
2
3
12'16
2
1
1'23
Citibank, N.A. default rate by loan vintage
BrandNational avg
Geographic exposure
5111.8%
2917.9%
1513.3%
616.7%
620.0%
30.0%
366.7%
250.0%
10.0%
10.0%
Portfolio summary
Total funded$18.7M
Defaults18 of 117
Risk tierELEVATED
Avg rate6.49%
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%).