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SBA 7(a) franchise lending portfolio
Drake Bank
CRITICAL risk
- Total loans
- 16
- Loan volume
- $5.3M
- Avg loan size
- $334K
- Default rate
- 22.2%
- vs 15.4% national avg
Defaults
2
Avg interest
8.47%
Franchises funded
12
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Quiznos | 3 | $258K | 0.0% |
| Dry Cleaning Station | 2 | $200K | 0.0% |
| Nautical Bowls | 2 | $597K | — |
| Fantastic Sam's | 1 | $150K | 100.0% |
| Quizno's Subs | 1 | $280K | 100.0% |
| Fitness Together | 1 | $80K | 0.0% |
| Sirius Day Spa | 1 | $528K | — |
| Mgm Liquor | 1 | $300K | 0.0% |
| Casa De Corazon | 1 | $1.5M | — |
| F45 Training | 1 | $914K | — |
| The UPS Store (f/k/a Mail Box | 1 | $375K | — |
| StarCycle | 1 | $215K | — |
Lending volume by year
2'05
3'06
1'07
1'09
1'12
1'13
1'19
3'24
3'25
Geographic exposure
1622.2%
Portfolio summary
Total funded$5.3M
Defaults2 of 16
Risk tierCRITICAL
Avg rate8.47%
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%).