FB
SBA 7(a) franchise lending portfolio
Frandsen Bank and Trust
Risk rating: Excellent
- Total loans
- 69
- Loan volume
- $23.7M
- Avg loan size
- $344K
- Charge-off rate
- 4.8%
- vs 16.0% national
Charged off
2
Avg interest
7.82%
Franchises funded
44
Risk rating
Excellent
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Jersey Mike's | 7 | $4.2M | N/A |
| Quiznos | 6 | $850K | N/A |
| Subway Sandwich Shop | 4 | $1.1M | N/A |
| Snap Fitness | 3 | $218K | N/A |
| Spavia | 3 | $1.9M | N/A |
| H&R Block - Franchise License | 3 | $626K | N/A |
| NAPA Auto Parts | 2 | $360K | N/A |
| Papa Murphy's Take & Bake Pizz | 2 | $236K | N/A |
| Great Harvest Bread Co. | 2 | $714K | N/A |
| AlphaGraphics | 2 | $1.0M | N/A |
| Scooter's Coffee | 2 | $1.5M | N/A |
| Ace Hardware | 1 | $151K | N/A |
| Radio Shack | 1 | $35K | N/A |
| Roto Rooter | 1 | $50K | N/A |
| Godfather's Pizza | 1 | $236K | N/A |
| Ben Franklin Store | 1 | $358K | N/A |
| Sylvan Learning Center | 1 | $85K | N/A |
| Cold Stone Creamery, Inc. | 1 | $35K | N/A |
| Valvoline Instant Oil Change | 1 | $200K | N/A |
| Little Ceasar's Pizza | 1 | $225K | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1992 | 2 |
| FY1994 | 1 |
| FY1996 | 1 |
| FY1997 | 2 |
| FY1998 | 1 |
| FY1999 | 2 |
| FY2000 | 1 |
| FY2001 | 2 |
| FY2002 | 4 |
| FY2003 | 3 |
| FY2004 | 1 |
| FY2005 | 1 |
| FY2007 | 2 |
| FY2010 | 2 |
| FY2011 | 2 |
| FY2012 | 2 |
| FY2015 | 1 |
| FY2016 | 5 |
| FY2018 | 3 |
| FY2019 | 3 |
| FY2020 | 3 |
| FY2021 | 1 |
| FY2022 | 1 |
| FY2023 | 11 |
| FY2024 | 4 |
| FY2025 | 6 |
| FY2026 | 2 |
SBA 7(a) · charge-off rate by approval year
Frandsen Bank and Trust charge-off rate by loan vintage
None of these 3 approval years has 10 or more resolved loans, too few to draw a trend. Each year’s numbers are in the table below.
Show the numbers by year
| Year | Resolved | Charged off | Rate |
|---|---|---|---|
| 2002 | 4 | 1 | Too few |
| 2003 | 3 | 1 | Too few |
| 2016 | 5 | 0 | Too few |
Source and method
SBA 7(a) FOIA loan records. Rate: charged-off loans over resolved loans (paid in full plus charged off) for loans approved that year; it moves as loans are resolved.
Geographic exposure
Portfolio summary
Total funded$23.7M
Charged off2 of 69
Risk tierExcellent
Avg rate7.82%
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 Frandsen Bank and Trust originated?
- 69 loans totaling $23.7M. The portfolio carries a 4.8% 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). Across SBA 7(a) franchise lending, the national charge-off rate is 16.0% over 94,550 resolved loans.Portfolios materially above that signal either riskier franchise selection or weaker underwriting. Frandsen Bank and Trust's rate of 4.8% is below the national rate.
- 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 Frandsen Bank and Trust fund the most?
- The “Top franchise exposures” table above lists the brands Frandsen Bank and Trust has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.