SBA 7(a) franchise lending portfolio
Coastal States Bank
- Total loans
- 218
- Loan volume
- $225.1M
- Avg loan size
- $1.0M
- Charge-off rate
- 8.7%
- vs 16.0% national
Charged off
16
Avg interest
6.14%
Franchises funded
106
Risk rating
Good
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Mellow Mushroom | 26 | $27.8M | 26.9% (high risk) |
| Firehouse Subs | 24 | $7.0M | 0.0% (excellent) |
| Jimmy John's | 14 | $5.2M | 7.1% (good) |
| Kiddie Academy | 8 | $20.0M | N/A |
| Menchie's | 4 | $1.5M | N/A |
| Bee Hive Homes | 4 | $14.7M | N/A |
| Ramada Inn | 3 | $3.5M | N/A |
| The UPS Store | 3 | $470K | N/A |
| Little Caesar Pizza | 3 | $1.1M | N/A |
| Jets Pizza | 3 | $831K | N/A |
| Capriotti's Sandwich Shop | 3 | $1.4M | N/A |
| Little Gym | 2 | $325K | N/A |
| Bruster's | 2 | $290K | N/A |
| Taco Bell | 2 | $765K | N/A |
| Huddle House | 2 | $310K | N/A |
| MAACO Auto Painting Center | 2 | $475K | N/A |
| Comfort/ Comfort Inn & Suites/ | 2 | $5.8M | N/A |
| Bojangles | 2 | $3.1M | N/A |
| Primrose Schools | 2 | $7.3M | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY2003 | 3 |
| FY2004 | 6 |
| FY2005 | 3 |
| FY2006 | 1 |
| FY2007 | 2 |
| FY2008 | 5 |
| FY2010 | 6 |
| FY2011 | 22 |
| FY2012 | 35 |
| FY2013 | 42 |
| FY2014 | 33 |
| FY2015 | 8 |
| FY2016 | 7 |
| FY2017 | 4 |
| FY2018 | 2 |
| FY2019 | 5 |
| FY2020 | 4 |
| FY2021 | 10 |
| FY2022 | 6 |
| FY2023 | 2 |
| FY2024 | 3 |
| FY2025 | 9 |
SBA 7(a) · charge-off rate by approval year
Coastal States Bank: above all franchise loans in each of the 4 rated years
Hollow rings on the axis: years with fewer than 10 resolved loans, not rated (too few to judge; recent years are too early to judge while loans are still being repaid). Their numbers are in the table.
Show the numbers by year
| Year | Resolved | Charged off | Rate |
|---|---|---|---|
| 2003 | 3 | 0 | Too few |
| 2004 | 6 | 1 | Too few |
| 2005 | 3 | 0 | Too few |
| 2008 | 5 | 1 | Too few |
| 2010 | 6 | 0 | Too few |
| 2011 | 18 | 2 | 11.1% |
| 2012 | 35 | 5 | 14.3% |
| 2013 | 41 | 3 | 7.3% |
| 2014 | 29 | 3 | 10.3% |
| 2015 | 8 | 0 | Too few |
| 2016 | 7 | 0 | Too few |
| 2017 | 3 | 0 | Too few |
| 2019 | 3 | 0 | Too few |
| 2020 | 3 | 0 | Too early |
| 2021 | 3 | 0 | Too early |
| 2022 | 5 | 0 | Too early |
Dashed line: all franchise 7(a) loans approved the same year.
Source and method
Geographic exposure
Portfolio summary
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). Across SBA 7(a) franchise lending, the national charge-off rate is 16.0% over 94,550 resolved loans.Portfolios materially above that signal either riskier franchise selection or weaker underwriting. Coastal States Bank's rate of 8.7% is below the national rate.
- 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.