![Genesis Bank logo](https://cdn.brandfetch.io/genesisbank.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
Genesis Bank
CRITICAL risk
- Total loans
- 50
- Loan volume
- $52.9M
- Avg loan size
- $1.1M
- Default rate
- 23.9%
- vs 15.4% national avg
Defaults
11
Avg interest
5.86%
Franchises funded
34
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Subway Sandwich Shop | 6 | $3.6M | 0.0% |
| Super 8 Motel | 4 | $7.6M | 0.0% |
| Days Inn | 4 | $5.5M | 25.0% |
| Quiznos | 3 | $1.8M | 100.0% |
| Arco (gas Station) | 2 | $2.2M | 0.0% |
| Knights Inn | 2 | $2.2M | 0.0% |
| Econo Lodge Motel | 2 | $3.3M | 50.0% |
| Chevron (gas Station) | 1 | $2.0M | 0.0% |
| Realty World | 1 | $1.5M | 100.0% |
| Hungry Howie's | 1 | $660K | 100.0% |
| Scottish Inns | 1 | $712K | 0.0% |
| Motel 6 Operating Lp | 1 | $1.7M | — |
| Ace Hardware | 1 | $1.2M | — |
| UPS Store | 1 | $439K | 0.0% |
| Hampton Inns | 1 | $331K | 100.0% |
| Travelodge | 1 | $1.8M | 0.0% |
| Howard Johnson | 1 | $1.9M | 0.0% |
| Choice Hotels International In | 1 | $1.2M | 100.0% |
| Carstar Automotive | 1 | $1.6M | 100.0% |
| We The People Forms And Servic | 1 | $95K | 0.0% |
Lending volume by year
1'05
7'06
17'07
6'08
9'09
7'10
1'14
1'15
1'20
Genesis Bank default rate by loan vintage
BrandNational avg
Geographic exposure
2625.0%
50.0%
425.0%
20.0%
250.0%
20.0%
1100.0%
10.0%
10.0%
1100.0%
Portfolio summary
Total funded$52.9M
Defaults11 of 50
Risk tierCRITICAL
Avg rate5.86%
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%).