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SBA 7(a) franchise lending portfolio
Commerce Bank
AVERAGE risk
- Total loans
- 183
- Loan volume
- $28.9M
- Avg loan size
- $158K
- Default rate
- 12.3%
- vs 15.4% national avg
Defaults
21
Avg interest
6.10%
Franchises funded
112
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Subway Sandwich Shop | 16 | $2.1M | 0.0% |
| Quiznos | 7 | $1.1M | 14.3% |
| Mail Boxes Etc. Usa | 4 | $500K | 0.0% |
| Massage Envy | 4 | $823K | 0.0% |
| Cold Stone Creamery, Inc. | 4 | $685K | 0.0% |
| Carquest | 4 | $2.1M | 0.0% |
| Children's Orchard (retail Clo | 3 | $245K | 0.0% |
| Mr. Goodcents Sub' And Pasta | 3 | $170K | 0.0% |
| Sno Biz | 3 | $93K | 0.0% |
| Great Clips | 3 | $247K | 0.0% |
| Domino's Pizza | 3 | $105K | 0.0% |
| Penn Station, Inc. | 3 | $917K | 0.0% |
| Marble Slab Creamery | 3 | $754K | 0.0% |
| Curves For Women | 3 | $207K | 0.0% |
| Cartridge World | 3 | $300K | 0.0% |
| Servpro | 2 | $149K | 0.0% |
| Taylor Rental Center | 2 | $223K | 0.0% |
| Blimpie | 2 | $141K | 50.0% |
| Bassett's Original Turkey (res | 2 | $416K | 100.0% |
| True Value Hardware | 2 | $800K | 0.0% |
Lending volume by year
5'92
3
9
14
8
9'97
4
8
4
4
5'02
11
8
15
8
11'07
7
4
3
1
2'12
2
1
5
6
1'17
2
4
2
3
2'22
4
6
2'25
Commerce Bank default rate by loan vintage
BrandNational avg
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%).