GB
SBA 7(a) franchise lending portfolio
Grasshopper Bank National Association
EXCELLENT risk
- Total loans
- 26
- Loan volume
- $27.2M
- Avg loan size
- $1.0M
- Charge-off rate
- 0.0%
- vs 15.4% national avg
Defaults
0
Avg interest
9.19%
Franchises funded
19
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Glo Tanning | 4 | $2.8M | 0.0% (low risk) |
| Super 8 by Wyndhan | 3 | $6.3M | N/A |
| Retrofitness | 2 | $1.8M | N/A |
| Crumbl | 2 | $1.8M | N/A |
| D Pet Hotels | 1 | $1.5M | N/A |
| Restore Hyper Wellness | 1 | $999K | N/A |
| America's Best Inns & Suites | 1 | $1.6M | N/A |
| F45 Training | 1 | $600K | 0.0% (low risk) |
| Subway | 1 | $350K | N/A |
| Blaze Pizza | 1 | $1.4M | N/A |
| Hampton Inn | 1 | $1.1M | N/A |
| TACenergy, LLC (Sinclair) Sinc | 1 | $1.5M | 0.0% (low risk) |
| Little Caesars | 1 | $788K | N/A |
| My Favorite Muffin | 1 | $351K | N/A |
| redbox+ | 1 | $906K | N/A |
| Bin There...Dump That | 1 | $331K | N/A |
| The UPS Store (f/k/a Mail Box | 1 | $1.5M | 0.0% (low risk) |
| Victory Lane Quick Oil Change | 1 | $280K | N/A |
| Sphinx Petroleum, Inc. (Marath | 1 | $1.2M | N/A |
Lending volume by year
7'22
10'23
6'24
3'25
Geographic exposure
30.0% (low risk)
30.0% (low risk)
20.0% (low risk)
2N/A
20.0% (low risk)
2N/A
2N/A
2N/A
2N/A
1N/A
Portfolio summary
Total funded$27.2M
Defaults0 of 26
Risk tierEXCELLENT
Avg rate9.19%
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 Grasshopper Bank National Association originated?
- 26 loans totaling $27.2M. The portfolio carries a 0.0% charge-off rate, earning a “EXCELLENT” 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 Grasshopper Bank National Association fund the most?
- The “Top franchise exposures” table above lists the brands Grasshopper Bank National Association has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.