GB
SBA 7(a) franchise lending portfolio
Georgia Banking Company
Risk rating: Average
- Total loans
- 78
- Loan volume
- $50.1M
- Avg loan size
- $643K
- Charge-off rate
- 13.7%
- vs 16.0% national
Charged off
7
Avg interest
6.17%
Franchises funded
56
Risk rating
Average
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Smoothie King | 11 | $3.6M | N/A |
| Crumbl | 5 | $2.1M | N/A |
| Mail Boxes Etc. Usa | 3 | $600K | N/A |
| Cellairis | 3 | $4.0M | N/A |
| Painting With A Twist | 3 | $485K | N/A |
| Subway | 3 | $967K | N/A |
| EarthWise Pet Supply | 2 | $476K | N/A |
| Benjamin Moore - New Entrepren | 2 | $1.2M | N/A |
| Pirtek | 2 | $4.2M | N/A |
| Philly Connection | 1 | $132K | N/A |
| Precision Tune | 1 | $65K | N/A |
| Mellow Mushroom | 1 | $600K | N/A |
| Servicemaster Clean | 1 | $598K | N/A |
| Vision Source | 1 | $475K | N/A |
| Servpro | 1 | $794K | N/A |
| Primrose Schools | 1 | $1.9M | N/A |
| Jersey Mike's (deli Restaurant | 1 | $282K | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY2002 | 1 |
| FY2003 | 4 |
| FY2009 | 1 |
| FY2010 | 2 |
| FY2011 | 2 |
| FY2014 | 2 |
| FY2015 | 5 |
| FY2016 | 6 |
| FY2017 | 4 |
| FY2018 | 12 |
| FY2019 | 14 |
| FY2020 | 9 |
| FY2021 | 3 |
| FY2022 | 7 |
| FY2023 | 3 |
| FY2024 | 1 |
| FY2025 | 1 |
| FY2026 | 1 |
SBA 7(a) · charge-off rate by approval year
Georgia Banking Company charge-off rate by loan vintage
Only 1 of these 7 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 |
|---|---|---|---|
| 2003 | 4 | 1 | Too few |
| 2015 | 5 | 0 | Too few |
| 2016 | 5 | 0 | Too few |
| 2017 | 4 | 0 | Too few |
| 2018 | 8 | 2 | Too few |
| 2019 | 11 | 3 | 27.3% |
| 2020 | 4 | 1 | Too early |
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
497.4% (good)
9N/A
9N/A
3N/A
3N/A
1N/A
1N/A
1N/A
1N/A
1N/A
Portfolio summary
Total funded$50.1M
Charged off7 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). 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. Georgia Banking Company's rate of 13.7% is below 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 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.