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SBA 7(a) franchise lending portfolio
Empire State Certified Development Corporation
GOOD risk
- Total loans
- 16
- Loan volume
- $2.8M
- Avg loan size
- $175K
- Default rate
- 6.3%
- vs 15.4% national avg
Defaults
1
Avg interest
7.34%
Franchises funded
14
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Little Caesar Pizza | 2 | $445K | 0.0% |
| Philly Soft Pretzel Factory | 2 | $250K | 0.0% |
| Blo Blow Dry Bar | 1 | $132K | 0.0% |
| Jake's Wayback Burgers | 1 | $250K | 0.0% |
| We Rock The Spectrum Kid's Gym | 1 | $100K | 0.0% |
| Pro Image | 1 | $150K | 0.0% |
| Little Gym | 1 | $150K | 0.0% |
| Red Mango Frozen Yogurt | 1 | $250K | 0.0% |
| True Value Hardware | 1 | $250K | 0.0% |
| Liberty Tax Service | 1 | $63K | 100.0% |
| Cko Kickboxing | 1 | $117K | 0.0% |
| Real Life Ninja Academy | 1 | $190K | 0.0% |
| The UPS Store | 1 | $203K | 0.0% |
| Philly Pretzel Factory | 1 | $250K | 0.0% |
Lending volume by year
3'13
7'14
3'16
1'17
2'19
Empire State Certified Development Corporation default rate by loan vintage
BrandNational avg
Geographic exposure
Portfolio summary
Total funded$2.8M
Defaults1 of 16
Risk tierGOOD
Avg rate7.34%
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%).