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SBA 7(a) franchise lending portfolio
Coastal States Bank
GOOD risk
- Total loans
- 218
- Loan volume
- $225.1M
- Avg loan size
- $1.0M
- Default 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% |
| Mellow Mushroom | 21 | $21.9M | 19.0% |
| Jimmy John's | 14 | $5.2M | 7.1% |
| Kiddie Academy | 8 | $20.0M | 0.0% |
| Mellow Mushroom | 5 | $5.9M | 60.0% |
| Menchie's | 4 | $1.5M | 0.0% |
| Bee Hive Homes | 4 | $14.7M | 0.0% |
| Ramada Inn | 3 | $3.5M | 0.0% |
| The UPS Store | 3 | $470K | 0.0% |
| Little Caesar Pizza | 3 | $1.1M | 33.3% |
| Jets Pizza | 3 | $831K | 0.0% |
| Capriotti's Sandwich Shop | 3 | $1.4M | — |
| Little Gym | 2 | $325K | 0.0% |
| Bruster's | 2 | $290K | 50.0% |
| Taco Bell | 2 | $765K | 0.0% |
| Huddle House | 2 | $310K | 100.0% |
| MAACO Auto Painting Center | 2 | $475K | 0.0% |
| Comfort/ Comfort Inn & Suites/ | 2 | $5.8M | 0.0% |
| Bojangles | 2 | $3.1M | 0.0% |
| Primrose Schools | 2 | $7.3M | 0.0% |
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 default rate by loan vintage
BrandNational avg
Geographic exposure
977.9%
1910.5%
190.0%
158.3%
110.0%
90.0%
750.0%
50.0%
50.0%
40.0%
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
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%).