EC
SBA 7(a) franchise lending portfolio
Everwise Credit Union
EXCELLENT risk
- Total loans
- 41
- Loan volume
- $126.4M
- Avg loan size
- $3.1M
- Charge-off rate
- 0.0%
- vs 15.4% national avg
Defaults
0
Avg interest
7.99%
Franchises funded
28
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Urban Air Adventure Park | 4 | $14.4M | N/A |
| Quality Inn/Quality Suites, Ho | 3 | $5.2M | 0.0% (low risk) |
| Quality Inn by Choice Hotels / | 2 | $3.1M | 0.0% (low risk) |
| Baymont Inn & Suites | 2 | $3.6M | 0.0% (low risk) |
| Candlewood Suites | 2 | $10.0M | N/A |
| Days Inn by Wyndham | 2 | $6.0M | N/A |
| Best Western - Membership Agre | 2 | $7.1M | N/A |
| Culver's ButterBurgers & Froze | 2 | $95K | N/A |
| Hampton Inn | 2 | $8.9M | N/A |
| Fairfield by Marriott/Fairfiel | 2 | $10.0M | 0.0% (low risk) |
| Comfort Inn by Choice Hotels/C | 1 | $3.0M | 0.0% (low risk) |
| Comfort Suites by Choice Hotel | 1 | $5.0M | 0.0% (low risk) |
| Holiday Inn | 1 | $4.8M | 0.0% (low risk) |
| Red Roof Inn | 1 | $3.0M | N/A |
| Days Inn | 1 | $2.4M | N/A |
| La Quinta Inn | 1 | $3.1M | 0.0% (low risk) |
| Dickey's Barbecue Pit | 1 | $600K | 0.0% (low risk) |
| Grease Monkey | 1 | $5.0M | N/A |
| Subway | 1 | $1.5M | 0.0% (low risk) |
| Stretch Lab | 1 | $130K | N/A |
Lending volume by year
2'16
6'17
4'18
3'21
4'22
6'23
6'24
10'25
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 Everwise Credit Union originated?
- 41 loans totaling $126.4M. The portfolio carries a 0.0% charge-off rate, earning a “EXCELLENT” 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 Everwise Credit Union fund the most?
- The “Top franchise exposures” table above lists the brands Everwise Credit Union has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.