CS
SBA 7(a) franchise lending portfolio
Coastal States Bank
GOOD risk
- Total loans
- 218
- Loan volume
- $225.1M
- Avg loan size
- $1.0M
- Charge-off rate
- 8.7%
- vs 15.4% national avg
Defaults
16
Avg interest
6.14%
Franchises funded
106
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Firehouse Subs | 24 | $7.0M | 0.0% (low risk) |
| Mellow Mushroom | 21 | $21.9M | 19.0% (high risk) |
| Jimmy John's | 14 | $5.2M | 7.1% (moderate risk) |
| Kiddie Academy | 8 | $20.0M | 0.0% (low risk) |
| Mellow Mushroom | 5 | $5.9M | 60.0% (very high risk) |
| Menchie's | 4 | $1.5M | 0.0% (low risk) |
| Bee Hive Homes | 4 | $14.7M | 0.0% (low risk) |
| Ramada Inn | 3 | $3.5M | 0.0% (low risk) |
| The UPS Store | 3 | $470K | 0.0% (low risk) |
| Little Caesar Pizza | 3 | $1.1M | 33.3% (very high risk) |
| Jets Pizza | 3 | $831K | 0.0% (low risk) |
| Capriotti's Sandwich Shop | 3 | $1.4M | N/A |
| Little Gym | 2 | $325K | 0.0% (low risk) |
| Bruster's | 2 | $290K | 50.0% (very high risk) |
| Taco Bell | 2 | $765K | 0.0% (low risk) |
| Huddle House | 2 | $310K | 100.0% (very high risk) |
| MAACO Auto Painting Center | 2 | $475K | 0.0% (low risk) |
| Comfort/ Comfort Inn & Suites/ | 2 | $5.8M | 0.0% (low risk) |
| Bojangles | 2 | $3.1M | 0.0% (low risk) |
| Primrose Schools | 2 | $7.3M | 0.0% (low risk) |
Lending volume by year
3'03
6
3
1
2
5'08
6
22
35
42
33'14
8
7
4
2
5'19
4
10
6
2
3'24
9'25
Coastal States Bank charge-off rate by loan vintage
BrandNational avg
Geographic exposure
977.9% (moderate risk)
1910.5% (elevated risk)
190.0% (low risk)
158.3% (moderate risk)
110.0% (low risk)
90.0% (low risk)
750.0% (very high risk)
50.0% (low risk)
50.0% (low risk)
40.0% (low risk)
Portfolio summary
Total funded$225.1M
Defaults16 of 218
Risk tierGOOD
Avg rate6.14%
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 Coastal States Bank originated?
- 218 loans totaling $225.1M. The portfolio carries a 8.7% charge-off rate, earning a “GOOD” 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 Coastal States Bank fund the most?
- The “Top franchise exposures” table above lists the brands Coastal States 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.