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SBA 7(a) franchise lending portfolio
Forward Bank
EXCELLENT risk
- Total loans
- 13
- Loan volume
- $6.1M
- Avg loan size
- $472K
- Default rate
- 0.0%
- vs 15.4% national avg
Defaults
0
Avg interest
5.67%
Franchises funded
10
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Straight Shot Express | 4 | $412K | 0.0% |
| A & W Restaurant | 1 | $95K | 0.0% |
| Amoco (gas Station) | 1 | $419K | 0.0% |
| Hardware Hank | 1 | $404K | 0.0% |
| Snap Fitness | 1 | $239K | 0.0% |
| Choice Hotels International In | 1 | $1.6M | 0.0% |
| Midwest Labor Solutions | 1 | $70K | 0.0% |
| Arby's | 1 | $1.9M | 0.0% |
| Pizza Ranch | 1 | $1.0M | 0.0% |
| Board & Brush Creative Studios | 1 | $35K | — |
Lending volume by year
1'93
1'95
1'07
1'08
5'11
1'14
1'15
1'20
1'22
Geographic exposure
130.0%
Portfolio summary
Total funded$6.1M
Defaults0 of 13
Risk tierEXCELLENT
Avg rate5.67%
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%).