CN
SBA 7(a) franchise lending portfolio
City National Bank of West Virginia
CRITICAL risk
- Total loans
- 32
- Loan volume
- $3.9M
- Avg loan size
- $122K
- Charge-off rate
- 31.3%
- vs 15.4% national avg
Defaults
10
Avg interest
7.50%
Franchises funded
23
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Servpro | 5 | $434K | 0.0% (low risk) |
| Subway Sandwich Shop | 3 | $177K | 0.0% (low risk) |
| Fox's Pizza Den | 2 | $118K | 100.0% (very high risk) |
| Mail Boxes Etc. Usa | 2 | $108K | 0.0% (low risk) |
| Snap Fitness | 2 | $335K | 0.0% (low risk) |
| Matco Tools (rent Tools) | 1 | $38K | 0.0% (low risk) |
| Val Pak | 1 | $75K | 100.0% (very high risk) |
| Servicemaster | 1 | $48K | 0.0% (low risk) |
| Padgett Business Service | 1 | $40K | 0.0% (low risk) |
| Petland | 1 | $165K | 100.0% (very high risk) |
| Western Auto Store | 1 | $293K | 100.0% (very high risk) |
| A & W Restaurant | 1 | $300K | 100.0% (very high risk) |
| Bath Fitters Franchising, Inc. | 1 | $55K | 0.0% (low risk) |
| Candy Bouquet | 1 | $70K | 100.0% (very high risk) |
| Spring-Green Lawn Care | 1 | $32K | 0.0% (low risk) |
| Ace Hardware | 1 | $500K | 0.0% (low risk) |
| Long John Silver's | 1 | $350K | 100.0% (very high risk) |
| Cornwell Quality Tool Company, | 1 | $37K | 0.0% (low risk) |
| Kiddie Academy | 1 | $275K | 100.0% (very high risk) |
| Roly Poly | 1 | $45K | 0.0% (low risk) |
Lending volume by year
1'94
1'95
1'96
5'97
2'98
3'99
7'00
1'01
1'02
1'03
2'05
1'07
1'08
2'09
2'10
1'12
City National Bank of West Virginia charge-off rate by loan vintage
BrandNational avg
Geographic exposure
Portfolio summary
Total funded$3.9M
Defaults10 of 32
Risk tierCRITICAL
Avg rate7.50%
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 City National Bank of West Virginia originated?
- 32 loans totaling $3.9M. The portfolio carries a 31.3% 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 City National Bank of West Virginia fund the most?
- The “Top franchise exposures” table above lists the brands City National Bank of West Virginia has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.