F&
SBA 7(a) franchise lending portfolio
Farmers & Merchants Bank of Central California
GOOD risk
- Total loans
- 25
- Loan volume
- $4.7M
- Avg loan size
- $188K
- Charge-off rate
- 8.0%
- vs 15.4% national avg
Defaults
2
Avg interest
6.00%
Franchises funded
14
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Mail Boxes Etc. Usa | 10 | $1.2M | 0.0% (low risk) |
| Subway Sandwich Shop | 3 | $228K | 0.0% (low risk) |
| Crates And Freightors | 1 | $66K | 0.0% (low risk) |
| Togo's Eatery | 1 | $165K | 100.0% (very high risk) |
| A & W Restaurant | 1 | $93K | 0.0% (low risk) |
| Music Go Round | 1 | $180K | 0.0% (low risk) |
| Quiznos | 1 | $150K | 0.0% (low risk) |
| Perko's Cafe | 1 | $192K | 0.0% (low risk) |
| Papa Murphy's Take & Bake Pizz | 1 | $250K | 0.0% (low risk) |
| Cold Stone Creamery, Inc. | 1 | $250K | 0.0% (low risk) |
| Tony Roma's (pizza) | 1 | $385K | 100.0% (very high risk) |
| Great Clips | 1 | $250K | 0.0% (low risk) |
| Ace Hardware | 1 | $725K | 0.0% (low risk) |
| Farmer Boys-Brea | 1 | $558K | 0.0% (low risk) |
Lending volume by year
1'95
1'97
1'98
2'99
5'00
4'01
7'02
1'03
1'06
1'12
1'13
Farmers & Merchants Bank of Central California charge-off rate by loan vintage
BrandNational avg
Geographic exposure
238.7% (moderate risk)
20.0% (low risk)
Portfolio summary
Total funded$4.7M
Defaults2 of 25
Risk tierGOOD
Avg rate6.00%
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 & Merchants Bank of Central California originated?
- 25 loans totaling $4.7M. The portfolio carries a 8.0% 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 & Merchants Bank of Central California fund the most?
- The “Top franchise exposures” table above lists the brands Farmers & Merchants Bank of Central California has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.