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SBA 7(a) franchise lending portfolio
Community First CU
CRITICAL risk
- Total loans
- 14
- Loan volume
- $2.8M
- Avg loan size
- $199K
- Default rate
- 23.1%
- vs 15.4% national avg
Defaults
3
Avg interest
5.70%
Franchises funded
11
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Subway Sandwich Shop | 3 | $437K | 0.0% |
| AAMCO Transmissions | 2 | $310K | 50.0% |
| Fuddrucker's | 1 | $674K | 0.0% |
| Rocky Rococo Pan Style Pizza | 1 | $277K | 0.0% |
| Baskin-Robbins 31 Ice Cream | 1 | $150K | 0.0% |
| Quiznos | 1 | $149K | 100.0% |
| Rapid Refill Ink | 1 | $85K | 100.0% |
| Subway | 1 | $215K | 0.0% |
| Papa Murphy's | 1 | $100K | 0.0% |
| Toppers Pizza | 1 | $70K | 0.0% |
| Jersey Mike's | 1 | $314K | — |
Lending volume by year
1'03
2'04
1'05
1'06
3'07
1'09
1'10
1'12
1'15
1'18
1'23
Geographic exposure
1423.1%
Portfolio summary
Total funded$2.8M
Defaults3 of 14
Risk tierCRITICAL
Avg rate5.70%
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%).