EB
SBA 7(a) franchise lending portfolio
Equity Bank
GOOD risk
- Total loans
- 108
- Loan volume
- $66.1M
- Avg loan size
- $612K
- Charge-off rate
- 6.3%
- vs 15.4% national avg
Defaults
5
Avg interest
6.29%
Franchises funded
70
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Curves For Women | 6 | $448K | 0.0% (low risk) |
| Freddy's Frozen Custard & Stea | 5 | $4.9M | 0.0% (low risk) |
| Petland/Safari Stan's | 5 | $3.9M | 0.0% (low risk) |
| Culligan Soft Water Service | 4 | $370K | 0.0% (low risk) |
| Papa Murphy's Take & Bake Pizz | 4 | $614K | 0.0% (low risk) |
| Scooter's Coffee | 4 | $4.9M | 0.0% (low risk) |
| Subway Sandwich Shop | 3 | $523K | 0.0% (low risk) |
| Dripbar | 3 | $565K | 0.0% (low risk) |
| Amoco (gas Station) | 2 | $307K | 50.0% (very high risk) |
| Dairy Queen | 2 | $450K | 0.0% (low risk) |
| General Nutrition Center | 2 | $168K | 0.0% (low risk) |
| Mr. Goodcents Sub' And Pasta | 2 | $263K | 0.0% (low risk) |
| Little Ceasar's Pizza | 2 | $345K | 0.0% (low risk) |
| Super 8 | 2 | $3.7M | 0.0% (low risk) |
| Cheezies Pizza | 2 | $1.6M | 0.0% (low risk) |
| Little Caesar Pizza | 2 | $258K | 0.0% (low risk) |
| Firehouse Subs | 2 | $400K | 0.0% (low risk) |
| Baymont Inn & Suites | 2 | $3.0M | 0.0% (low risk) |
| Comfort/ Comfort Inn & Suites/ | 2 | $4.7M | 0.0% (low risk) |
| 100% Chiropractic | 2 | $707K | N/A |
Lending volume by year
3'92
2
1
4
2
2'99
1
1
1
5
6'04
4
6
1
2
9'11
2
8
3
2
6'16
3
5
1
7
10'22
8
1
2'25
Equity Bank charge-off rate by loan vintage
BrandNational avg
Geographic exposure
447.9% (moderate risk)
176.7% (moderate risk)
140.0% (low risk)
120.0% (low risk)
1133.3% (very high risk)
20.0% (low risk)
20.0% (low risk)
10.0% (low risk)
1N/A
1N/A
Portfolio summary
Total funded$66.1M
Defaults5 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). 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 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.