![Frandsen Bank and Trust logo](https://cdn.brandfetch.io/frandsenbankandtrust.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
Frandsen Bank and Trust
EXCELLENT risk
- Total loans
- 69
- Loan volume
- $23.7M
- Avg loan size
- $344K
- Default rate
- 4.8%
- vs 15.4% national avg
Defaults
2
Avg interest
7.82%
Franchises funded
44
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Jersey Mike's | 7 | $4.2M | 0.0% |
| Quiznos | 6 | $850K | 0.0% |
| Subway Sandwich Shop | 4 | $1.1M | 0.0% |
| Snap Fitness | 3 | $218K | 0.0% |
| Spavia | 3 | $1.9M | — |
| H&R Block - Franchise License | 3 | $626K | 0.0% |
| NAPA Auto Parts | 2 | $360K | 0.0% |
| Papa Murphy's Take & Bake Pizz | 2 | $236K | 0.0% |
| Great Harvest Bread Co. | 2 | $714K | 0.0% |
| AlphaGraphics | 2 | $1.0M | — |
| Scooter's Coffee | 2 | $1.5M | — |
| Ace Hardware | 1 | $151K | 0.0% |
| Radio Shack | 1 | $35K | 0.0% |
| Roto Rooter | 1 | $50K | 0.0% |
| Godfather's Pizza | 1 | $236K | 100.0% |
| Ben Franklin Store | 1 | $358K | 0.0% |
| Sylvan Learning Center | 1 | $85K | 100.0% |
| Cold Stone Creamery, Inc. | 1 | $35K | 0.0% |
| Valvoline Instant Oil Change | 1 | $200K | 0.0% |
| Little Ceasar's Pizza | 1 | $225K | 0.0% |
Lending volume by year
2'92
1
1
2
1
2'99
1
2
4
3
1'04
1
2
2
2
2'12
1
5
3
3
3'20
1
1
11
4
6'25
2'26
Frandsen Bank and Trust default rate by loan vintage
BrandNational avg
Geographic exposure
Portfolio summary
Total funded$23.7M
Defaults2 of 69
Risk tierEXCELLENT
Avg rate7.82%
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%).