![Federal Deposit Insurance Corporation logo](https://cdn.brandfetch.io/federaldepositinsurance.com/w/128/h/128/fallback/lettermark?c=<img src="https://cdn.brandfetch.io/domain/apple.com?c=1idsvcTjLv919Ax0E2s" alt="Logo by Brandfetch" />){kind=small}
SBA 7(a) franchise lending portfolio
Federal Deposit Insurance Corporation
CRITICAL risk
- Total loans
- 256
- Loan volume
- $112.7M
- Avg loan size
- $440K
- Default rate
- 20.1%
- vs 15.4% national avg
Defaults
49
Avg interest
5.71%
Franchises funded
152
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Great Clips | 12 | $1.0M | 0.0% |
| Subway Sandwich Shop | 9 | $3.3M | 0.0% |
| Mountain Mike's Pizza | 6 | $1.2M | 0.0% |
| Econo Lodge Motel | 6 | $6.3M | 0.0% |
| Days Inn | 5 | $5.0M | 0.0% |
| Papyrus (retail Paper) | 4 | $478K | 0.0% |
| Chop Chop | 4 | $452K | 0.0% |
| Quiznos | 4 | $685K | 50.0% |
| Choice Hotels International In | 4 | $3.9M | 25.0% |
| Dunkin Donuts | 4 | $1.7M | 0.0% |
| Super 8 Motel | 4 | $6.0M | 25.0% |
| Big O Tires | 3 | $925K | 0.0% |
| Blimpie | 3 | $218K | 0.0% |
| Papa Murphy's Take & Bake Pizz | 3 | $525K | 0.0% |
| Best Western Inn | 3 | $3.4M | 0.0% |
| Cold Stone Creamery, Inc. | 3 | $768K | 66.7% |
| Cartridge World | 3 | $225K | 0.0% |
| Taco Maker | 3 | $495K | 66.7% |
| 1-800-Radiator | 3 | $548K | 33.3% |
| Martin's Bbq | 3 | $683K | 0.0% |
Lending volume by year
9'92
10
11
11
10
6'97
4
8
5
8
12'02
12
27
31
36
21'07
12
3
5
12
1'12
1
1'15
Federal Deposit Insurance Corporation default rate by loan vintage
BrandNational avg
Geographic exposure
6517.5%
639.5%
2347.4%
780.0%
70.0%
60.0%
616.7%
616.7%
616.7%
50.0%
Portfolio summary
Total funded$112.7M
Defaults49 of 256
Risk tierCRITICAL
Avg rate5.71%
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%).