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SBA 7(a) franchise lending portfolio
Colonial Savings FA
CRITICAL risk
- Total loans
- 21
- Loan volume
- $7.8M
- Avg loan size
- $370K
- Default rate
- 20.0%
- vs 15.4% national avg
Defaults
4
Avg interest
5.89%
Franchises funded
12
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Which Wich Superior Sandwiches | 6 | $2.0M | 0.0% |
| Adventure Kids Playcare | 3 | $930K | 0.0% |
| Val Pak | 3 | $537K | 33.3% |
| Lamppost Pizza | 1 | $180K | 100.0% |
| Chicken Express | 1 | $1.1M | 0.0% |
| Gittings - License Agreement | 1 | $190K | 0.0% |
| The Tutoring Center | 1 | $167K | 0.0% |
| Papa Murphy's Take & Bake Pizz | 1 | $212K | 0.0% |
| Which Wich | 1 | $233K | — |
| Valpak | 1 | $1.9M | 100.0% |
| D'vine Wine | 1 | $150K | 100.0% |
| Sharkey's Cuts for Kids | 1 | $150K | 0.0% |
Lending volume by year
4'07
5'08
2'09
1'10
1'11
2'12
1'13
1'14
1'15
2'18
1'22
Geographic exposure
2120.0%
Portfolio summary
Total funded$7.8M
Defaults4 of 21
Risk tierCRITICAL
Avg rate5.89%
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%).