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SBA 7(a) franchise lending portfolio
Forcht Bank, National Association
CRITICAL risk
- Total loans
- 16
- Loan volume
- $3.2M
- Avg loan size
- $202K
- Default rate
- 20.0%
- vs 15.4% national avg
Defaults
2
Avg interest
6.30%
Franchises funded
9
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Jimmy John's | 5 | $1.2M | — |
| Subway Sandwich Shop | 4 | $580K | 50.0% |
| Sears Catalog Store | 1 | $90K | 0.0% |
| Texaco Express Lube & Star Lub | 1 | $150K | 0.0% |
| Minuteman Press | 1 | $70K | 0.0% |
| Allstate Insurance | 1 | $245K | 0.0% |
| Orange Leaf | 1 | $300K | 0.0% |
| Beef O'brady's | 1 | $200K | 0.0% |
| Workout Anytime | 1 | $399K | — |
Lending volume by year
1'98
1'00
1'01
1'03
2'04
1'10
3'12
1'19
2'21
1'22
1'23
1'24
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%).