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SBA 7(a) franchise lending portfolio
Craft Bank
EXCELLENT risk
- Total loans
- 25
- Loan volume
- $24.5M
- Avg loan size
- $979K
- Default rate
- 0.0%
- vs 15.4% national avg
Defaults
0
Avg interest
9.33%
Franchises funded
16
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| The NOW Massage | 3 | $1.6M | — |
| Madabolic | 3 | $1.0M | — |
| Upgrade Labs | 3 | $2.3M | 0.0% |
| Auntie Anne's | 2 | $1.1M | — |
| Jamba | 2 | $969K | — |
| Knuckies Hoagies | 2 | $713K | — |
| Togo's and TOGO'S | 1 | $440K | 0.0% |
| Ellie Mental Health | 1 | $245K | — |
| Jeremiah's Italian Ice | 1 | $286K | — |
| Country Inn & Suites by Radiss | 1 | $5.0M | — |
| Burrito Shak | 1 | $552K | — |
| Holiday Inn Express/Holiday In | 1 | $5.0M | — |
| V Pizza | 1 | $560K | 0.0% |
| MAACO | 1 | $743K | — |
| Microtel Inn & Suites by Wyndh | 1 | $3.8M | — |
| Cinnabon | 1 | $236K | — |
Lending volume by year
2'21
6'22
10'23
4'24
2'25
1'26
Geographic exposure
5—
5—
30.0%
2—
10.0%
1—
10.0%
1—
Portfolio summary
Total funded$24.5M
Defaults0 of 25
Risk tierEXCELLENT
Avg rate9.33%
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%).