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SBA 7(a) franchise lending portfolio
Hawthorn Bank
GOOD risk
- Total loans
- 28
- Loan volume
- $5.6M
- Avg loan size
- $200K
- Default rate
- 7.4%
- vs 15.4% national avg
Defaults
2
Avg interest
5.74%
Franchises funded
23
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Dickey's Barbecue Pit | 3 | $285K | 0.0% |
| Color Tile | 2 | $205K | 100.0% |
| Dunn Bros Coffee | 2 | $284K | 0.0% |
| Line-X | 2 | $100K | 0.0% |
| Dairy Queen | 1 | $100K | 0.0% |
| Mr. Goodcents Sub' And Pasta | 1 | $115K | 0.0% |
| Stained Glass Overlay, Inc. | 1 | $102K | 0.0% |
| Curves For Women | 1 | $39K | 0.0% |
| Snap-On-Tools | 1 | $130K | 0.0% |
| Play It Again Sports (retail S | 1 | $221K | 0.0% |
| Arris Pizza | 1 | $475K | 0.0% |
| Kwik Kar Oil & Lube | 1 | $330K | 0.0% |
| Kona Ice | 1 | $94K | 0.0% |
| Anytime Fitness | 1 | $350K | 0.0% |
| Chem-Dry | 1 | $50K | 0.0% |
| The UPS Store | 1 | $345K | 0.0% |
| Tropical Smoothie | 1 | $256K | 0.0% |
| Gracie Barra School | 1 | $35K | 0.0% |
| Fantastic Sams | 1 | $100K | 0.0% |
| Papa Murphy's | 1 | $108K | 0.0% |
Lending volume by year
1'93
1'94
1'95
1'97
1'01
1'02
1'03
1'04
2'05
1'06
1'07
2'10
1'13
2'14
2'15
2'16
4'17
2'18
1'22
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%).