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SBA 7(a) franchise lending portfolio
First State Bank of St Charles, Missouri
CRITICAL risk
- Total loans
- 16
- Loan volume
- $3.3M
- Avg loan size
- $203K
- Default rate
- 31.3%
- vs 15.4% national avg
Defaults
5
Avg interest
6.00%
Franchises funded
8
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Liberty Tax Service | 5 | $750K | 0.0% |
| Massage Luxe | 4 | $1.3M | 0.0% |
| The Pita Pit | 2 | $583K | 50.0% |
| Play N Trade | 1 | $123K | 100.0% |
| Smallcakes | 1 | $137K | 100.0% |
| Hotshots Sports Bar & Grill | 1 | $106K | 100.0% |
| Orange Leaf Frozen Yogurt | 1 | $158K | 100.0% |
| Minuteman Press | 1 | $140K | 0.0% |
Lending volume by year
2'11
6'12
1'13
3'15
4'16
First State Bank of St Charles, Missouri 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%).