DS
SBA 7(a) franchise lending portfolio
Dogwood State Bank
EXCELLENT risk
- Total loans
- 245
- Loan volume
- $181.9M
- Avg loan size
- $742K
- Charge-off rate
- 1.5%
- vs 15.4% national avg
Defaults
1
Avg interest
7.61%
Franchises funded
117
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Domino's | 12 | $10.3M | N/A |
| Ziggi's Coffee | 11 | $8.3M | 0.0% (low risk) |
| Crave Hot Dogs and BBQ | 9 | $2.6M | 33.3% (very high risk) |
| Premier Rental-Purchase | 9 | $6.8M | N/A |
| Dickey's Barbecue Pit | 7 | $2.5M | 0.0% (low risk) |
| The Dog Stop | 7 | $5.8M | N/A |
| EarthWise Pet Supply | 7 | $3.3M | 0.0% (low risk) |
| Spenga | 6 | $4.3M | 0.0% (low risk) |
| Eggs Up Grill | 6 | $3.3M | N/A |
| Rita's Ice-Custard-Happiness | 6 | $1.9M | 0.0% (low risk) |
| Holiday Inn Express/Holiday In | 4 | $13.5M | 0.0% (low risk) |
| The Little Gym | 4 | $1.8M | 0.0% (low risk) |
| Mosquito Squad | 4 | $2.5M | N/A |
| K-9 Resorts Daycare & Luxury H | 4 | $11.1M | N/A |
| Smash My Trash | 3 | $858K | 0.0% (low risk) |
| Saladworks | 3 | $1.9M | 0.0% (low risk) |
| Smoothie King | 3 | $956K | 0.0% (low risk) |
| Pur Life Medical | 3 | $1.5M | N/A |
| Tropical Smoothie Cafe | 3 | $2.4M | N/A |
| redbox+ | 3 | $1.9M | 0.0% (low risk) |
Lending volume by year
1'03
1'14
1'17
1'19
33'20
79'21
35'22
29'23
28'24
35'25
2'26
Dogwood State Bank charge-off rate by loan vintage
BrandNational avg
Geographic exposure
390.0% (low risk)
349.1% (moderate risk)
320.0% (low risk)
140.0% (low risk)
110.0% (low risk)
110.0% (low risk)
10N/A
80.0% (low risk)
80.0% (low risk)
7N/A
Portfolio summary
Total funded$181.9M
Defaults1 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). 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 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.