CS
SBA 7(a) franchise lending portfolio
Citizens State Bank of New Castle
EXCELLENT risk
- Total loans
- 33
- Loan volume
- $17.2M
- Avg loan size
- $521K
- Charge-off rate
- 0.0%
- vs 15.4% national avg
Defaults
0
Avg interest
7.30%
Franchises funded
21
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Prime Car Wash | 3 | $5.5M | N/A |
| Sears Air Duct Cleaning | 2 | $320K | 0.0% (low risk) |
| Monkey Joe's | 2 | $338K | 0.0% (low risk) |
| Anytime Fitness | 2 | $592K | 0.0% (low risk) |
| TownePost Network | 2 | $350K | N/A |
| Subway | 2 | $739K | 0.0% (low risk) |
| Fit Body Boot Camp | 2 | $321K | N/A |
| Budget Blinds | 2 | $350K | N/A |
| The Goddard School | 2 | $2.6M | N/A |
| Smash My Trash | 2 | $735K | 0.0% (low risk) |
| QC Kinetix | 2 | $650K | N/A |
| Sub Zero Ice Cream | 1 | $468K | 0.0% (low risk) |
| Honor Yoga | 1 | $248K | 0.0% (low risk) |
| Napa AutoCare Program Membersh | 1 | $1.7M | N/A |
| Office Pride Commercial Cleani | 1 | $120K | N/A |
| F45 Training | 1 | $260K | N/A |
| The Entrepreneur's Source | 1 | $150K | N/A |
| Papa Ray's Pizza &Wings | 1 | $125K | N/A |
| Color World Housepainting | 1 | $150K | N/A |
| Metal Supermarkets | 1 | $1.1M | N/A |
Lending volume by year
5'16
2'18
1'19
3'20
8'21
2'23
3'24
8'25
1'26
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 of New Castle originated?
- 33 loans totaling $17.2M. The portfolio carries a 0.0% charge-off rate, earning a “EXCELLENT” 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 of New Castle fund the most?
- The “Top franchise exposures” table above lists the brands Citizens State Bank of New Castle has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.