GO
SBA 7(a) franchise lending portfolio
Georgia's Own Credit Union
Risk rating: Elevated
- Total loans
- 65
- Loan volume
- $65.8M
- Avg loan size
- $1.0M
- Charge-off rate
- 17.6%
- vs 16.0% national
Charged off
3
Avg interest
6.69%
Franchises funded
45
Risk rating
Elevated
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Next Level Petroleum (Mulstipl | 6 | $6.4M | N/A |
| Lizard Thicket | 4 | $1.3M | N/A |
| Clipper Petroleum Supply Agree | 3 | $6.1M | N/A |
| Premier Petroleum, Inc - Petro | 3 | $2.3M | N/A |
| Del Taco | 2 | $4.4M | N/A |
| Papa John's | 2 | $504K | N/A |
| Target Petroleum, LLC (Chevro | 2 | $3.8M | N/A |
| Wallace Oil Company. Inc (Mult | 2 | $2.2M | N/A |
| Smash My Trash | 2 | $569K | N/A |
| Mountain Express Oil Company - | 2 | $2.8M | N/A |
| Hammer & Nails | 2 | $548K | N/A |
| Hallmark Petroleum LLC - Contr | 2 | $4.6M | N/A |
| The Juicy Crab | 1 | $690K | N/A |
| The Goddard School | 1 | $676K | N/A |
| Thai Express | 1 | $350K | N/A |
| LSAA, LLC - Complete Contract | 1 | $1.3M | N/A |
| Mellow Mushroom | 1 | $1.4M | N/A |
| Marco's Pizza | 1 | $350K | N/A |
| Stevi B's Pizza | 1 | $500K | N/A |
| Atlanta Bread Company | 1 | $342K | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY2010 | 1 |
| FY2013 | 1 |
| FY2015 | 1 |
| FY2016 | 2 |
| FY2017 | 1 |
| FY2018 | 2 |
| FY2019 | 4 |
| FY2020 | 16 |
| FY2021 | 14 |
| FY2022 | 10 |
| FY2023 | 10 |
| FY2024 | 3 |
Geographic exposure
Portfolio summary
Total funded$65.8M
Charged off3 of 65
Risk tierElevated
Avg rate6.69%
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's Own Credit Union originated?
- 65 loans totaling $65.8M. The portfolio carries a 17.6% charge-off rate, earning a “Elevated” 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's Own Credit Union's rate of 17.6% 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 Georgia's Own Credit Union fund the most?
- The “Top franchise exposures” table above lists the brands Georgia's Own Credit Union has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.