EB
SBA 7(a) franchise lending portfolio
Equity Bank
Risk rating: Good
- Total loans
- 108
- Loan volume
- $66.1M
- Avg loan size
- $612K
- Charge-off rate
- 6.3%
- vs 16.0% national
Charged off
5
Avg interest
6.29%
Franchises funded
70
Risk rating
Good
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Curves For Women | 6 | $448K | N/A |
| Freddy's Frozen Custard & Stea | 5 | $4.9M | N/A |
| Petland/Safari Stan's | 5 | $3.9M | N/A |
| Culligan Soft Water Service | 4 | $370K | N/A |
| Papa Murphy's Take & Bake Pizz | 4 | $614K | N/A |
| Scooter's Coffee | 4 | $4.9M | N/A |
| Little Ceasar's Pizza | 4 | $603K | N/A |
| Subway Sandwich Shop | 3 | $523K | N/A |
| Dripbar | 3 | $565K | N/A |
| Amoco (gas Station) | 2 | $307K | N/A |
| Dairy Queen | 2 | $450K | N/A |
| General Nutrition Center | 2 | $168K | N/A |
| Mr. Goodcents Sub' And Pasta | 2 | $263K | N/A |
| Super 8 | 2 | $3.7M | N/A |
| Cheezies Pizza | 2 | $1.6M | N/A |
| Firehouse Subs | 2 | $400K | N/A |
| Baymont Inn & Suites | 2 | $3.0M | N/A |
| Comfort/ Comfort Inn & Suites/ | 2 | $4.7M | N/A |
| 100% Chiropractic | 2 | $707K | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1992 | 3 |
| FY1993 | 2 |
| FY1994 | 1 |
| FY1995 | 4 |
| FY1998 | 2 |
| FY1999 | 2 |
| FY2000 | 1 |
| FY2001 | 1 |
| FY2002 | 1 |
| FY2003 | 5 |
| FY2004 | 6 |
| FY2005 | 4 |
| FY2006 | 6 |
| FY2008 | 1 |
| FY2010 | 2 |
| FY2011 | 9 |
| FY2012 | 2 |
| FY2013 | 8 |
| FY2014 | 3 |
| FY2015 | 2 |
| FY2016 | 6 |
| FY2017 | 3 |
| FY2018 | 5 |
| FY2020 | 1 |
| FY2021 | 7 |
| FY2022 | 10 |
| FY2023 | 8 |
| FY2024 | 1 |
| FY2025 | 2 |
SBA 7(a) · charge-off rate by approval year
Equity Bank charge-off rate by loan vintage
None of these 11 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 |
|---|---|---|---|
| 1992 | 3 | 1 | Too few |
| 1995 | 4 | 0 | Too few |
| 2003 | 5 | 0 | Too few |
| 2004 | 6 | 0 | Too few |
| 2005 | 4 | 0 | Too few |
| 2006 | 6 | 0 | Too few |
| 2011 | 9 | 1 | Too few |
| 2013 | 8 | 0 | Too few |
| 2014 | 3 | 0 | Too few |
| 2016 | 5 | 0 | Too few |
| 2023 | 3 | 0 | Too early |
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
447.9% (good)
176.7% (good)
140.0% (excellent)
120.0% (excellent)
1133.3% (high risk)
2N/A
2N/A
1N/A
1N/A
1N/A
Portfolio summary
Total funded$66.1M
Charged off5 of 108
Risk tierGood
Avg rate6.29%
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 Equity Bank originated?
- 108 loans totaling $66.1M. 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). 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. Equity Bank's rate of 6.3% is below 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 Equity Bank fund the most?
- The “Top franchise exposures” table above lists the brands Equity 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.