CB
SBA 7(a) franchise lending portfolio
CorTrust Bank National Association
AVERAGE risk
- Total loans
- 18
- Loan volume
- $4.0M
- Avg loan size
- $224K
- Charge-off rate
- 12.5%
- vs 15.4% national avg
Defaults
2
Avg interest
6.18%
Franchises funded
16
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Toppers Pizza | 2 | $630K | 0.0% (low risk) |
| Anytime Fitness | 2 | $150K | 0.0% (low risk) |
| Subway Sandwich Shop | 1 | $53K | 0.0% (low risk) |
| Big O Tires | 1 | $735K | 0.0% (low risk) |
| Steak Escape | 1 | $245K | 100.0% (very high risk) |
| Minuteman Press | 1 | $150K | 100.0% (very high risk) |
| Super 8 Motel | 1 | $676K | 0.0% (low risk) |
| Quiznos | 1 | $75K | 0.0% (low risk) |
| Visiting Angels | 1 | $70K | 0.0% (low risk) |
| Culligan Soft Water Service | 1 | $80K | 0.0% (low risk) |
| NAPA Auto Parts | 1 | $150K | 0.0% (low risk) |
| Cartridge World | 1 | $129K | 0.0% (low risk) |
| Adventures In Advertising | 1 | $239K | 0.0% (low risk) |
| Great Harvest Bread Co. | 1 | $140K | 0.0% (low risk) |
| Nautical Bowls | 1 | $207K | N/A |
| Carbone's Pizza | 1 | $300K | N/A |
Lending volume by year
1'93
1'97
1'01
1'03
3'05
2'07
2'08
1'13
1'14
2'15
1'16
1'21
1'23
Geographic exposure
Portfolio summary
Total funded$4.0M
Defaults2 of 18
Risk tierAVERAGE
Avg rate6.18%
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 CorTrust Bank National Association originated?
- 18 loans totaling $4.0M. The portfolio carries a 12.5% 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 CorTrust Bank National Association fund the most?
- The “Top franchise exposures” table above lists the brands CorTrust Bank National Association has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.