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SBA 7(a) franchise lending portfolio
Farmers & Mechanics Bank
AVERAGE risk
- Total loans
- 10
- Loan volume
- $1.3M
- Avg loan size
- $129K
- Default rate
- 11.1%
- vs 15.4% national avg
Defaults
1
Avg interest
—
Franchises funded
10
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Dairy Queen | 1 | $50K | 0.0% |
| Radio Shack | 1 | $81K | 100.0% |
| Domino's Pizza | 1 | $145K | 0.0% |
| Burger King | 1 | $559K | 0.0% |
| Original Great American Choc.c | 1 | $124K | — |
| Line-X | 1 | $65K | 0.0% |
| Curves For Women | 1 | $32K | 0.0% |
| Gymboree | 1 | $85K | 0.0% |
| Fast Frame | 1 | $70K | 0.0% |
| Wild Birds Unlimited | 1 | $75K | 0.0% |
Lending volume by year
2'92
1'94
1'95
1'99
2'01
2'02
1'03
Geographic exposure
1011.1%
Portfolio summary
Total funded$1.3M
Defaults1 of 10
Risk tierAVERAGE
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%).