GN
SBA 7(a) franchise lending portfolio
Gateway National Bank
CRITICAL risk
- Total loans
- 21
- Loan volume
- $5.3M
- Avg loan size
- $253K
- Charge-off rate
- 28.6%
- vs 15.4% national avg
Defaults
6
Avg interest
N/A
Franchises funded
12
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Benny's Bagels | 8 | $1.1M | 37.5% (very high risk) |
| Comfort Inn | 2 | $2.4M | 0.0% (low risk) |
| Kid To Kid | 2 | $175K | 0.0% (low risk) |
| All Tune And Lube | 1 | $40K | 0.0% (low risk) |
| Meineke Car Care | 1 | $100K | 100.0% (very high risk) |
| NAPA Auto Parts | 1 | $450K | 0.0% (low risk) |
| Children's Orchard (retail Clo | 1 | $65K | 0.0% (low risk) |
| Cousins Submarines (restaurant | 1 | $165K | 100.0% (very high risk) |
| Wingstop Restaurant | 1 | $120K | 0.0% (low risk) |
| Mail Boxes Etc. Usa | 1 | $60K | 0.0% (low risk) |
| Color Tyme | 1 | $550K | 100.0% (very high risk) |
| Golf Etc. | 1 | $100K | 0.0% (low risk) |
Lending volume by year
2'94
1'95
3'96
9'97
5'98
1'04
Gateway National Bank charge-off rate by loan vintage
BrandNational avg
Geographic exposure
2128.6% (very high risk)
Portfolio summary
Total funded$5.3M
Defaults6 of 21
Risk tierCRITICAL
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 Gateway National Bank originated?
- 21 loans totaling $5.3M. The portfolio carries a 28.6% charge-off rate, earning a “CRITICAL” 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 Gateway National Bank fund the most?
- The “Top franchise exposures” table above lists the brands Gateway National 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.