GB
SBA 7(a) franchise lending portfolio
Georgia Banking Company
AVERAGE risk
- Total loans
- 78
- Loan volume
- $50.1M
- Avg loan size
- $643K
- Charge-off rate
- 13.7%
- vs 15.4% national avg
Defaults
7
Avg interest
6.17%
Franchises funded
56
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Smoothie King | 9 | $3.1M | 14.3% (elevated risk) |
| Crumbl | 5 | $2.1M | 0.0% (low risk) |
| Mail Boxes Etc. Usa | 3 | $600K | 0.0% (low risk) |
| Cellairis | 3 | $4.0M | 0.0% (low risk) |
| Smoothie King | 2 | $448K | 0.0% (low risk) |
| EarthWise Pet Supply | 2 | $476K | 100.0% (very high risk) |
| Painting With A Twist | 2 | $295K | 0.0% (low risk) |
| Subway | 2 | $469K | N/A |
| Benjamin Moore - New Entrepren | 2 | $1.2M | N/A |
| Pirtek | 2 | $4.2M | N/A |
| Philly Connection | 1 | $132K | 100.0% (very high risk) |
| Precision Tune | 1 | $65K | 0.0% (low risk) |
| Subway Sandwich Shop | 1 | $498K | 0.0% (low risk) |
| Mellow Mushroom | 1 | $600K | 0.0% (low risk) |
| Painting With A Twist | 1 | $190K | 0.0% (low risk) |
| Servicemaster Clean | 1 | $598K | 0.0% (low risk) |
| Vision Source | 1 | $475K | 0.0% (low risk) |
| Servpro | 1 | $794K | 0.0% (low risk) |
| Primrose Schools | 1 | $1.9M | 0.0% (low risk) |
| Jersey Mike's (deli Restaurant | 1 | $282K | 0.0% (low risk) |
Lending volume by year
1'02
4'03
1'09
2'10
2'11
2'14
5'15
6'16
4'17
12'18
14'19
9'20
3'21
7'22
3'23
1'24
1'25
1'26
Georgia Banking Company charge-off rate by loan vintage
BrandNational avg
Geographic exposure
497.4% (moderate risk)
914.3% (elevated risk)
922.2% (very high risk)
30.0% (low risk)
350.0% (very high risk)
1100.0% (very high risk)
10.0% (low risk)
10.0% (low risk)
10.0% (low risk)
10.0% (low risk)
Portfolio summary
Total funded$50.1M
Defaults7 of 78
Risk tierAVERAGE
Avg rate6.17%
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 Georgia Banking Company originated?
- 78 loans totaling $50.1M. The portfolio carries a 13.7% 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 Georgia Banking Company fund the most?
- The “Top franchise exposures” table above lists the brands Georgia Banking Company has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.