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SBA 7(a) franchise lending portfolio
Citibank Texas, National Association
ELEVATED risk
- Total loans
- 11
- Loan volume
- $3.3M
- Avg loan size
- $298K
- Default rate
- 18.2%
- vs 15.4% national avg
Defaults
2
Avg interest
—
Franchises funded
10
Risk rating
ELEVATED
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Ripley's Attractions, Inc. | 2 | $1.6M | 0.0% |
| Swensen's Ice Cream Factory | 1 | $150K | 0.0% |
| Ramada Inn | 1 | $125K | 0.0% |
| Fast-Fix Jewelry Repairs | 1 | $150K | 0.0% |
| Jackson Hewitt Tax Service | 1 | $69K | 0.0% |
| Candy Bouquet | 1 | $25K | 0.0% |
| Mr. Payroll Corporation | 1 | $150K | 0.0% |
| Certa Propainters | 1 | $275K | 100.0% |
| Card$mart | 1 | $510K | 100.0% |
| Dairy Queen | 1 | $225K | 0.0% |
Lending volume by year
1'96
1'99
2'01
4'02
3'04
Geographic exposure
1118.2%
Portfolio summary
Total funded$3.3M
Defaults2 of 11
Risk tierELEVATED
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%).