FA
SBA 7(a) franchise lending portfolio
Farmers and Merchants Bank of St. Clair
GOOD risk
- Total loans
- 13
- Loan volume
- $3.9M
- Avg loan size
- $298K
- Charge-off rate
- 7.7%
- vs 15.4% national avg
Defaults
1
Avg interest
5.75%
Franchises funded
10
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Papa Murphy's Take & Bake Pizz | 2 | $236K | 0.0% (low risk) |
| Cambridge Adult Day Centers | 2 | $251K | 0.0% (low risk) |
| U.s. Lawns | 2 | $57K | 0.0% (low risk) |
| Instant Imprints | 1 | $150K | 100.0% (very high risk) |
| Little Gym | 1 | $50K | 0.0% (low risk) |
| Subway | 1 | $435K | 0.0% (low risk) |
| Subway Sandwich Shop | 1 | $165K | 0.0% (low risk) |
| Allstate Insurance | 1 | $223K | 0.0% (low risk) |
| U.S. Lawns | 1 | $10K | 0.0% (low risk) |
| Harley Davidson - Motor Cycle | 1 | $2.3M | 0.0% (low risk) |
Lending volume by year
2'05
1'10
1'12
1'13
3'14
1'15
3'16
1'21
Geographic exposure
137.7% (moderate risk)
Portfolio summary
Total funded$3.9M
Defaults1 of 13
Risk tierGOOD
Avg rate5.75%
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 Farmers and Merchants Bank of St. Clair originated?
- 13 loans totaling $3.9M. The portfolio carries a 7.7% 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 Farmers and Merchants Bank of St. Clair fund the most?
- The “Top franchise exposures” table above lists the brands Farmers and Merchants Bank of St. Clair has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.