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SBA 7(a) franchise lending portfolio
EagleBank
Risk rating: Elevated
- Total loans
- 65
- Loan volume
- $25.8M
- Avg loan size
- $397K
- Charge-off rate
- 16.7%
- vs 16.0% national
Charged off
10
Avg interest
6.19%
Franchises funded
47
Risk rating
Elevated
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Baja Fresh Mexican Grill | 5 | $3.9M | N/A |
| Jimmy John's | 4 | $1.6M | N/A |
| Ledo Pizza | 3 | $554K | N/A |
| Mathnasium Learning Centers | 3 | $370K | N/A |
| Greene Turtle | 2 | $1.3M | N/A |
| Sterling Optical | 2 | $1.4M | N/A |
| Mcdonald's | 2 | $350K | N/A |
| Subway Sandwich Shop | 2 | $433K | N/A |
| Tous Les Jours | 2 | $1.2M | N/A |
| You've Got MAIDS | 2 | $250K | N/A |
| Salon Professional Academy | 2 | $550K | N/A |
| Manhattan Bagel Co. | 1 | $467K | N/A |
| Kohr Bros Frozen Custard | 1 | $765K | N/A |
| Ucc Total Home | 1 | $150K | N/A |
| Rita's Real Italian Water Ice | 1 | $172K | N/A |
| Quiznos | 1 | $400K | N/A |
| Little Gym | 1 | $150K | N/A |
| Rent-A-Wreck (car Rental) | 1 | $245K | N/A |
| Texaco Service Station | 1 | $460K | N/A |
| Jerry's Sub Shop | 1 | $100K | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1998 | 1 |
| FY1999 | 1 |
| FY2001 | 1 |
| FY2002 | 2 |
| FY2003 | 2 |
| FY2005 | 7 |
| FY2006 | 3 |
| FY2008 | 2 |
| FY2010 | 3 |
| FY2011 | 1 |
| FY2012 | 1 |
| FY2013 | 6 |
| FY2014 | 6 |
| FY2015 | 6 |
| FY2016 | 6 |
| FY2017 | 3 |
| FY2018 | 7 |
| FY2019 | 4 |
| FY2021 | 3 |
SBA 7(a) · charge-off rate by approval year
EagleBank charge-off rate by loan vintage
None of these 10 approval years has 10 or more resolved loans, too few to draw a trend. Each year’s numbers are in the table below.
Show the numbers by year
| Year | Resolved | Charged off | Rate |
|---|---|---|---|
| 2005 | 7 | 3 | Too few |
| 2006 | 3 | 1 | Too few |
| 2010 | 3 | 2 | Too few |
| 2013 | 6 | 0 | Too few |
| 2014 | 6 | 2 | Too few |
| 2015 | 5 | 0 | Too few |
| 2016 | 5 | 0 | Too few |
| 2017 | 3 | 0 | Too few |
| 2018 | 7 | 0 | Too few |
| 2019 | 4 | 0 | Too few |
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
Portfolio summary
Total funded$25.8M
Charged off10 of 65
Risk tierElevated
Avg rate6.19%
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 EagleBank originated?
- 65 loans totaling $25.8M. The portfolio carries a 16.7% charge-off rate, earning a “Elevated” 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. EagleBank's rate of 16.7% is near 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 EagleBank fund the most?
- The “Top franchise exposures” table above lists the brands EagleBank has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.