DS
SBA 7(a) franchise lending portfolio
Dogwood State Bank
Risk rating: Excellent
- Total loans
- 245
- Loan volume
- $181.9M
- Avg loan size
- $742K
- Charge-off rate
- 1.5%
- vs 16.0% national
Charged off
1
Avg interest
7.61%
Franchises funded
117
Risk rating
Excellent
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Domino's | 12 | $10.3M | N/A |
| Ziggi's Coffee | 11 | $8.3M | N/A |
| Crave Hot Dogs and BBQ | 9 | $2.6M | N/A |
| Premier Rental-Purchase | 9 | $6.8M | N/A |
| Dickey's Barbecue Pit | 7 | $2.5M | N/A |
| The Dog Stop | 7 | $5.8M | N/A |
| EarthWise Pet Supply | 7 | $3.3M | N/A |
| Spenga | 6 | $4.3M | N/A |
| Eggs Up Grill | 6 | $3.3M | N/A |
| Rita's Ice-Custard-Happiness | 6 | $1.9M | N/A |
| Holiday Inn Express/Holiday In | 4 | $13.5M | N/A |
| The Little Gym | 4 | $1.8M | N/A |
| Mosquito Squad | 4 | $2.5M | N/A |
| K-9 Resorts Daycare & Luxury H | 4 | $11.1M | N/A |
| Smash My Trash | 3 | $858K | N/A |
| Saladworks | 3 | $1.9M | N/A |
| Smoothie King | 3 | $956K | N/A |
| Pur Life Medical | 3 | $1.5M | N/A |
| Tropical Smoothie Cafe | 3 | $2.4M | N/A |
| redbox+ | 3 | $1.9M | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY2003 | 1 |
| FY2014 | 1 |
| FY2017 | 1 |
| FY2019 | 1 |
| FY2020 | 33 |
| FY2021 | 79 |
| FY2022 | 35 |
| FY2023 | 29 |
| FY2024 | 28 |
| FY2025 | 35 |
| FY2026 | 2 |
SBA 7(a) · charge-off rate by approval year
Dogwood State Bank: below all franchise loans in each of the 3 rated years
Hollow rings on the axis: years with fewer than 10 resolved loans, not rated (recent years: too early to judge while loans are still being repaid). Their numbers are in the table.
Show the numbers by year
| Year | Resolved | Charged off | Rate |
|---|---|---|---|
| 2020 | 16 | 0 | 0.0% |
| 2021 | 29 | 1 | 3.4% |
| 2022 | 12 | 0 | 0.0% |
| 2023 | 4 | 0 | Too early |
Dashed line: all franchise 7(a) loans approved the same year.
Source and method
SBA 7(a) FOIA loan records. Rate: charged-off loans over resolved loans (paid in full plus charged off) for loans approved that year; it moves as loans are resolved.
Geographic exposure
390.0% (excellent)
349.1% (good)
320.0% (excellent)
140.0% (excellent)
110.0% (excellent)
110.0% (excellent)
10N/A
8N/A
8N/A
7N/A
Portfolio summary
Total funded$181.9M
Charged off1 of 245
Risk tierExcellent
Avg rate7.61%
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 Dogwood State Bank originated?
- 245 loans totaling $181.9M. The portfolio carries a 1.5% charge-off rate, earning a “Excellent” risk rating.
- What is the charge-off rate and why does it matter?
- Charge-off rate = charge-offs / (charge-offs + paid-in-full). Across SBA 7(a) franchise lending, the national charge-off rate is 16.0% over 94,550 resolved loans.Portfolios materially above that signal either riskier franchise selection or weaker underwriting. Dogwood State Bank's rate of 1.5% is below the national rate.
- 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 Dogwood State Bank fund the most?
- The “Top franchise exposures” table above lists the brands Dogwood State 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.