ES
SBA 7(a) franchise lending portfolio
Empire State Certified Development Corporation
GOOD risk
- Total loans
- 16
- Loan volume
- $2.8M
- Avg loan size
- $175K
- Charge-off 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% (low risk) |
| Philly Soft Pretzel Factory | 2 | $250K | 0.0% (low risk) |
| Blo Blow Dry Bar | 1 | $132K | 0.0% (low risk) |
| Jake's Wayback Burgers | 1 | $250K | 0.0% (low risk) |
| We Rock The Spectrum Kid's Gym | 1 | $100K | 0.0% (low risk) |
| Pro Image | 1 | $150K | 0.0% (low risk) |
| Little Gym | 1 | $150K | 0.0% (low risk) |
| Red Mango Frozen Yogurt | 1 | $250K | 0.0% (low risk) |
| True Value Hardware | 1 | $250K | 0.0% (low risk) |
| Liberty Tax Service | 1 | $63K | 100.0% (very high risk) |
| Cko Kickboxing | 1 | $117K | 0.0% (low risk) |
| Real Life Ninja Academy | 1 | $190K | 0.0% (low risk) |
| The UPS Store | 1 | $203K | 0.0% (low risk) |
| Philly Pretzel Factory | 1 | $250K | 0.0% (low risk) |
Lending volume by year
3'13
7'14
3'16
1'17
2'19
Empire State Certified Development Corporation charge-off 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
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 Empire State Certified Development Corporation originated?
- 16 loans totaling $2.8M. The portfolio carries a 6.3% charge-off rate, earning a “GOOD” 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 Empire State Certified Development Corporation fund the most?
- The “Top franchise exposures” table above lists the brands Empire State Certified Development Corporation has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.