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SBA 7(a) franchise lending portfolio
Evolve Bank and Trust
EXCELLENT risk
- Total loans
- 128
- Loan volume
- $149.9M
- Avg loan size
- $1.2M
- Default rate
- 4.7%
- vs 15.4% national avg
Defaults
4
Avg interest
6.35%
Franchises funded
86
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Primrose School (daycare) | 9 | $25.8M | 0.0% |
| Primrose Schools | 7 | $26.5M | 0.0% |
| Dairy Queen of the Pacific Nor | 7 | $3.9M | 0.0% |
| Big O Tires | 4 | $4.5M | 0.0% |
| Goddard Early Learning Center | 3 | $4.4M | 0.0% |
| Fedex Ground | 3 | $998K | 0.0% |
| Bee Hive Homes | 3 | $5.4M | 0.0% |
| Hotworx | 3 | $1.0M | 0.0% |
| Dairy Queen | 2 | $2.1M | 0.0% |
| Jiffy Lube | 2 | $2.0M | 0.0% |
| Doctors Express | 2 | $2.1M | 0.0% |
| Jason's Deli | 2 | $2.3M | 0.0% |
| Edible Arrangements | 2 | $1.4M | 0.0% |
| Line-X | 2 | $741K | — |
| Teaspoon | 2 | $773K | 50.0% |
| redbox+ | 2 | $1.4M | — |
| Dog Haus | 2 | $1.2M | 0.0% |
| Chop Stop | 2 | $866K | 0.0% |
| Chronic Tacos | 2 | $1.0M | — |
| International House Of Pancake | 1 | $540K | 0.0% |
Lending volume by year
1'10
8'11
14'12
11'13
12'14
12'15
10'16
7'17
10'18
5'19
9'20
12'21
8'22
1'23
2'24
5'25
1'26
Evolve Bank and Trust default rate by loan vintage
BrandNational avg
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%).