FB
SBA 7(a) franchise lending portfolio
Forward Bank
EXCELLENT risk
- Total loans
- 13
- Loan volume
- $6.1M
- Avg loan size
- $472K
- Charge-off 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% (low risk) |
| A & W Restaurant | 1 | $95K | 0.0% (low risk) |
| Amoco (gas Station) | 1 | $419K | 0.0% (low risk) |
| Hardware Hank | 1 | $404K | 0.0% (low risk) |
| Snap Fitness | 1 | $239K | 0.0% (low risk) |
| Choice Hotels International In | 1 | $1.6M | 0.0% (low risk) |
| Midwest Labor Solutions | 1 | $70K | 0.0% (low risk) |
| Arby's | 1 | $1.9M | 0.0% (low risk) |
| Pizza Ranch | 1 | $1.0M | 0.0% (low risk) |
| Board & Brush Creative Studios | 1 | $35K | N/A |
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% (low risk)
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
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 Forward Bank originated?
- 13 loans totaling $6.1M. The portfolio carries a 0.0% charge-off rate, earning a “EXCELLENT” 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 Forward Bank fund the most?
- The “Top franchise exposures” table above lists the brands Forward Bank has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.