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FranchiseVerdict

SBA 7(a) franchise lending portfolio

Citizens State Bank

CRITICAL risk
Total loans
12
Loan volume
$1.4M
Avg loan size
$119K
Charge-off rate
33.3%
vs 15.4% national avg

Defaults

1

Avg interest

9.10%

Franchises funded

7

Risk rating

CRITICAL

Top franchise exposures

FranchiseLoansVolumeDefault %
Chiroway4$270KN/A
Stretch Zone2$100KN/A
D-Bat2$704KN/A
Maid-Rite Sandwich Shop1$53K100.0% (very high risk)
Ford Motor (dealers)1$78K0.0% (low risk)
The Grounds Guys1$80K0.0% (low risk)
Real Deals on Home Decor1$142KN/A

Geographic exposure

Wisconsin
50.0% (low risk)
Minnesota
4N/A
Iowa
350.0% (very high risk)

Portfolio summary

Total funded$1.4M
Defaults1 of 12
Risk tierCRITICAL
Avg rate9.10%

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 Citizens State Bank originated?
12 loans totaling $1.4M. The portfolio carries a 33.3% charge-off rate, earning a “CRITICAL” 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 Citizens State Bank fund the most?
The “Top franchise exposures” table above lists the brands Citizens State Bank has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.