FB
SBA 7(a) franchise lending portfolio
Fulton Bank, National Association
AVERAGE risk
- Total loans
- 329
- Loan volume
- $293.2M
- Avg loan size
- $891K
- Charge-off rate
- 14.8%
- vs 15.4% national avg
Defaults
39
Avg interest
6.66%
Franchises funded
183
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Subway Sandwich Shop | 20 | $2.7M | 5.0% (moderate risk) |
| Tropical Smoothie | 15 | $2.9M | 13.3% (elevated risk) |
| Quality Inn/Quality Suites, Ho | 8 | $21.6M | 0.0% (low risk) |
| Mail Boxes Etc. Usa | 7 | $760K | 0.0% (low risk) |
| Fastsigns | 7 | $2.5M | 0.0% (low risk) |
| Days Inn | 6 | $12.9M | 0.0% (low risk) |
| Red Roof Inn | 6 | $25.6M | 0.0% (low risk) |
| Sylvan Learning Center | 5 | $540K | 40.0% (very high risk) |
| Quiznos | 5 | $714K | 20.0% (very high risk) |
| Geeks On Call | 5 | $238K | 0.0% (low risk) |
| Mara's Cafe & Bakery | 5 | $1.1M | 60.0% (very high risk) |
| Red Roof Inn | 5 | $12.2M | 0.0% (low risk) |
| Auntie Ann's (soft Pretzels) | 4 | $385K | 0.0% (low risk) |
| Goddard Early Learning Center | 4 | $3.6M | 25.0% (very high risk) |
| Holiday Inn | 4 | $14.7M | 0.0% (low risk) |
| Quality Inn | 4 | $7.5M | 0.0% (low risk) |
| Line-X | 3 | $647K | 33.3% (very high risk) |
| Rita's Real Italian Water Ice | 3 | $410K | 0.0% (low risk) |
| Dairy Queen | 3 | $233K | 33.3% (very high risk) |
| Friendly's | 3 | $3.3M | 0.0% (low risk) |
Lending volume by year
1'93
2
7
4
6
5'98
8
6
10
10
13'03
21
12
16
10
4'08
1
8
15
14
16'13
16
18
18
12
12'18
10
9
5
5
15'23
8
11
1'26
Fulton Bank, National Association charge-off rate by loan vintage
BrandNational avg
Geographic exposure
9815.9% (high risk)
8820.9% (very high risk)
756.9% (moderate risk)
3620.8% (very high risk)
110.0% (low risk)
914.3% (elevated risk)
60.0% (low risk)
40.0% (low risk)
1100.0% (very high risk)
10.0% (low risk)
Portfolio summary
Total funded$293.2M
Defaults39 of 329
Risk tierAVERAGE
Avg rate6.66%
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 Fulton Bank, National Association originated?
- 329 loans totaling $293.2M. The portfolio carries a 14.8% charge-off rate, earning a “AVERAGE” 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 Fulton Bank, National Association fund the most?
- The “Top franchise exposures” table above lists the brands Fulton Bank, National Association has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.