HB
SBA 7(a) franchise lending portfolio
Hawthorn Bank
GOOD risk
- Total loans
- 28
- Loan volume
- $5.6M
- Avg loan size
- $200K
- Charge-off 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% (low risk) |
| Color Tile | 2 | $205K | 100.0% (very high risk) |
| Dunn Bros Coffee | 2 | $284K | 0.0% (low risk) |
| Line-X | 2 | $100K | 0.0% (low risk) |
| Dairy Queen | 1 | $100K | 0.0% (low risk) |
| Mr. Goodcents Sub' And Pasta | 1 | $115K | 0.0% (low risk) |
| Stained Glass Overlay, Inc. | 1 | $102K | 0.0% (low risk) |
| Curves For Women | 1 | $39K | 0.0% (low risk) |
| Snap-On-Tools | 1 | $130K | 0.0% (low risk) |
| Play It Again Sports (retail S | 1 | $221K | 0.0% (low risk) |
| Arris Pizza | 1 | $475K | 0.0% (low risk) |
| Kwik Kar Oil & Lube | 1 | $330K | 0.0% (low risk) |
| Kona Ice | 1 | $94K | 0.0% (low risk) |
| Anytime Fitness | 1 | $350K | 0.0% (low risk) |
| Chem-Dry | 1 | $50K | 0.0% (low risk) |
| The UPS Store | 1 | $345K | 0.0% (low risk) |
| Tropical Smoothie | 1 | $256K | 0.0% (low risk) |
| Gracie Barra School | 1 | $35K | 0.0% (low risk) |
| Fantastic Sams | 1 | $100K | 0.0% (low risk) |
| Papa Murphy's | 1 | $108K | 0.0% (low risk) |
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
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 Hawthorn Bank originated?
- 28 loans totaling $5.6M. The portfolio carries a 7.4% charge-off rate, earning a “GOOD” 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 Hawthorn Bank fund the most?
- The “Top franchise exposures” table above lists the brands Hawthorn Bank has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.