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FranchiseVerdict

SBA 7(a) franchise lending portfolio

Cornhusker Bank

AVERAGE risk
Total loans
27
Loan volume
$7.5M
Avg loan size
$279K
Charge-off rate
13.6%
vs 15.4% national avg

Defaults

3

Avg interest

5.89%

Franchises funded

22

Risk rating

AVERAGE

Top franchise exposures

FranchiseLoansVolumeDefault %
Swimtastic Swim School3$3.0M0.0% (low risk)
Medicap Pharmacy2$199K50.0% (very high risk)
Fast Frame2$140K0.0% (low risk)
Snap Fitness2$350K0.0% (low risk)
Blimpie1$65K0.0% (low risk)
Servicemaster1$65K0.0% (low risk)
Planet Sub1$225K0.0% (low risk)
Dr. Vinyl (vinyl Uphol., Etc.)1$150K0.0% (low risk)
Budget Blinds1$100K100.0% (very high risk)
Complete Nutrition1$240K0.0% (low risk)
Golf U.s.a. (retail Golf Equip1$150K0.0% (low risk)
Juice Stop1$200K0.0% (low risk)
Dickey's Barbecue Pit1$150K0.0% (low risk)
Scooter's Coffee1$100K0.0% (low risk)
Motel 61$325K0.0% (low risk)
Swimtastic Swim School1$75K0.0% (low risk)
FYZICAL1$150KN/A
True Value Hardware1$100K0.0% (low risk)
Ben Franklin Store1$110K100.0% (very high risk)
Clean Juice1$350KN/A

Geographic exposure

2614.3% (elevated risk)
10.0% (low risk)

Portfolio summary

Total funded$7.5M
Defaults3 of 27
Risk tierAVERAGE
Avg rate5.89%

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 Cornhusker Bank originated?
27 loans totaling $7.5M. The portfolio carries a 13.6% charge-off rate, earning a “AVERAGE” risk rating.
What is the charge-off rate and why does it matter?
Charge-off rate = charge-offs / (charge-offs + paid-in-full). For SBA 7(a) franchise lending, the national average runs 5–8%. Portfolios materially above that signal either riskier franchise selection or weaker underwriting.
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 Cornhusker Bank fund the most?
The “Top franchise exposures” table above lists the brands Cornhusker 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.