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SBA 7(a) franchise lending portfolio
Grand Ridge National Bank
EXCELLENT risk
- Total loans
- 12
- Loan volume
- $6.3M
- Avg loan size
- $527K
- Default rate
- 0.0%
- vs 15.4% national avg
Defaults
0
Avg interest
7.12%
Franchises funded
9
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Forever Yogurt | 3 | $945K | 0.0% |
| Orange Theory Fitness | 2 | $700K | 0.0% |
| Massage Envy | 1 | $100K | 0.0% |
| Rosati's Pizza | 1 | $800K | — |
| Giordano's Pizza | 1 | $835K | — |
| Massage Envy | 1 | $275K | 0.0% |
| Rodeway Inn by Choice Hotels/R | 1 | $935K | — |
| Drybar | 1 | $805K | — |
| World Fuel Services - Wholesal | 1 | $930K | — |
Lending volume by year
3'14
2'15
1'16
1'18
3'19
1'21
1'24
Geographic exposure
120.0%
Portfolio summary
Total funded$6.3M
Defaults0 of 12
Risk tierEXCELLENT
Avg rate7.12%
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%).