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SBA 7(a) franchise lending portfolio
Community State Bank
AVERAGE risk
- Total loans
- 39
- Loan volume
- $16.0M
- Avg loan size
- $410K
- Default rate
- 13.3%
- vs 15.4% national avg
Defaults
4
Avg interest
5.61%
Franchises funded
31
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Jimmy John's | 3 | $511K | 0.0% |
| Figaro's Italian Pizza | 2 | $194K | 50.0% |
| Culligan | 2 | $2.3M | 0.0% |
| Dickey's Barbecue Pit | 2 | $308K | 0.0% |
| Great Clips | 2 | $600K | 0.0% |
| Piggly Wiggly | 2 | $800K | 0.0% |
| Batteries Plus | 2 | $198K | — |
| Coast-To-Coast Store | 1 | $110K | 100.0% |
| Snap-On-Tools | 1 | $74K | 100.0% |
| Cousins Submarines (restaurant | 1 | $100K | 0.0% |
| Rodeway Inns | 1 | $1.1M | 0.0% |
| Blimpie | 1 | $71K | 100.0% |
| Subway Sandwich Shop | 1 | $97K | 0.0% |
| Shell Service Station | 1 | $122K | 0.0% |
| Pizza Ranch | 1 | $285K | 0.0% |
| Great Frame (the) | 1 | $119K | 0.0% |
| Filtafry | 1 | $50K | 0.0% |
| Signarama | 1 | $176K | — |
| General Nutrition Center | 1 | $231K | 0.0% |
| Anytime Fitness | 1 | $400K | 0.0% |
Lending volume by year
2'93
1
1
1
2
1'04
1
1
2
1
2'09
1
1
1
1
7'16
3
2
1
4
1'22
2'24
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%).