GB
SBA 7(a) franchise lending portfolio
Genesis Bank
Risk rating: High Risk
- Total loans
- 50
- Loan volume
- $52.9M
- Avg loan size
- $1.1M
- Charge-off rate
- 23.9%
- vs 16.0% national
Charged off
11
Avg interest
5.86%
Franchises funded
34
Risk rating
High Risk
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Subway Sandwich Shop | 6 | $3.6M | N/A |
| Super 8 Motel | 4 | $7.6M | N/A |
| Days Inn | 4 | $5.5M | N/A |
| Quiznos | 3 | $1.8M | N/A |
| Arco (gas Station) | 2 | $2.2M | N/A |
| Knights Inn | 2 | $2.2M | N/A |
| Econo Lodge Motel | 2 | $3.3M | N/A |
| Chevron (gas Station) | 1 | $2.0M | N/A |
| Realty World | 1 | $1.5M | N/A |
| Hungry Howie's | 1 | $660K | N/A |
| Scottish Inns | 1 | $712K | N/A |
| Motel 6 Operating Lp | 1 | $1.7M | N/A |
| Ace Hardware | 1 | $1.2M | N/A |
| UPS Store | 1 | $439K | N/A |
| Hampton Inns | 1 | $331K | N/A |
| Travelodge | 1 | $1.8M | N/A |
| Howard Johnson | 1 | $1.9M | N/A |
| Choice Hotels International In | 1 | $1.2M | N/A |
| Carstar Automotive | 1 | $1.6M | N/A |
| We The People Forms And Servic | 1 | $95K | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY2005 | 1 |
| FY2006 | 7 |
| FY2007 | 17 |
| FY2008 | 6 |
| FY2009 | 9 |
| FY2010 | 7 |
| FY2014 | 1 |
| FY2015 | 1 |
| FY2020 | 1 |
SBA 7(a) · charge-off rate by approval year
Genesis Bank charge-off rate by loan vintage
Only 1 of these 5 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 |
|---|---|---|---|
| 2006 | 6 | 5 | Too few |
| 2007 | 17 | 6 | 35.3% |
| 2008 | 6 | 0 | Too few |
| 2009 | 7 | 0 | Too few |
| 2010 | 7 | 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
2625.0% (high risk)
5N/A
4N/A
2N/A
2N/A
2N/A
1N/A
1N/A
1N/A
1N/A
Portfolio summary
Total funded$52.9M
Charged off11 of 50
Risk tierHigh Risk
Avg rate5.86%
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 Genesis Bank originated?
- 50 loans totaling $52.9M. The portfolio carries a 23.9% charge-off rate, earning a “High Risk” 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. Genesis Bank's rate of 23.9% is above 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 Genesis Bank fund the most?
- The “Top franchise exposures” table above lists the brands Genesis 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.