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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
- Default 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 | — |
| Sears Air Duct Cleaning | 2 | $320K | 0.0% |
| Monkey Joe's | 2 | $338K | 0.0% |
| Anytime Fitness | 2 | $592K | 0.0% |
| TownePost Network | 2 | $350K | — |
| Subway | 2 | $739K | 0.0% |
| Fit Body Boot Camp | 2 | $321K | — |
| Budget Blinds | 2 | $350K | — |
| The Goddard School | 2 | $2.6M | — |
| Smash My Trash | 2 | $735K | 0.0% |
| QC Kinetix | 2 | $650K | — |
| Sub Zero Ice Cream | 1 | $468K | 0.0% |
| Honor Yoga | 1 | $248K | 0.0% |
| Napa AutoCare Program Membersh | 1 | $1.7M | — |
| Office Pride Commercial Cleani | 1 | $120K | — |
| F45 Training | 1 | $260K | — |
| The Entrepreneur's Source | 1 | $150K | — |
| Papa Ray's Pizza &Wings | 1 | $125K | — |
| Color World Housepainting | 1 | $150K | — |
| Metal Supermarkets | 1 | $1.1M | — |
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
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%).