HB
SBA 7(a) franchise lending portfolio
Heartland Bank and Trust Company
Risk rating: Excellent
- Total loans
- 66
- Loan volume
- $15.2M
- Avg loan size
- $230K
- Charge-off rate
- 4.9%
- vs 16.0% national
Charged off
3
Avg interest
5.70%
Franchises funded
40
Risk rating
Excellent
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Subway Sandwich Shop | 17 | $4.6M | 0.0% (excellent) |
| Merle Norman Cosmetics | 3 | $167K | N/A |
| Dairy Queen | 3 | $250K | N/A |
| Curves For Women | 3 | $100K | N/A |
| AdvantaClean | 3 | $469K | N/A |
| Shell Service Station | 2 | $797K | N/A |
| Matco Tools (rent Tools) | 2 | $139K | N/A |
| Domino's Pizza | 2 | $1.8M | N/A |
| Remax | 1 | $111K | N/A |
| Midas Muffler Shop | 1 | $650K | N/A |
| Medicap Pharmacy | 1 | $282K | N/A |
| Blimpie | 1 | $112K | N/A |
| Radio Shack | 1 | $48K | N/A |
| Pro Golf | 1 | $301K | N/A |
| Mail Boxes Etc. Usa | 1 | $150K | N/A |
| Bearclaw Coffee Co. | 1 | $218K | N/A |
| Fuzziwig's Candy Factory | 1 | $138K | N/A |
| Fastsigns | 1 | $55K | N/A |
| Wing Zone | 1 | $99K | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1993 | 2 |
| FY1994 | 3 |
| FY1996 | 1 |
| FY1997 | 2 |
| FY1999 | 1 |
| FY2000 | 2 |
| FY2001 | 4 |
| FY2002 | 4 |
| FY2003 | 5 |
| FY2004 | 4 |
| FY2006 | 5 |
| FY2007 | 1 |
| FY2008 | 1 |
| FY2010 | 2 |
| FY2011 | 2 |
| FY2012 | 5 |
| FY2013 | 4 |
| FY2014 | 5 |
| FY2015 | 7 |
| FY2016 | 1 |
| FY2019 | 1 |
| FY2020 | 3 |
| FY2023 | 1 |
SBA 7(a) · charge-off rate by approval year
Heartland Bank and Trust Company charge-off rate by loan vintage
None of these 10 approval years has 10 or more resolved loans, too few to draw a trend. Each year’s numbers are in the table below.
Show the numbers by year
| Year | Resolved | Charged off | Rate |
|---|---|---|---|
| 1994 | 3 | 0 | Too few |
| 2001 | 4 | 0 | Too few |
| 2002 | 4 | 0 | Too few |
| 2003 | 5 | 0 | Too few |
| 2004 | 4 | 2 | Too few |
| 2006 | 5 | 1 | Too few |
| 2012 | 5 | 0 | Too few |
| 2013 | 4 | 0 | Too few |
| 2014 | 5 | 0 | Too few |
| 2015 | 6 | 0 | Too few |
Source and method
SBA 7(a) FOIA loan records. Rate: charged-off loans over resolved loans (paid in full plus charged off) for loans approved that year; it moves as loans are resolved.
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 Heartland Bank and Trust Company originated?
- 66 loans totaling $15.2M. The portfolio carries a 4.9% 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). 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. Heartland Bank and Trust Company's rate of 4.9% is below 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 Heartland Bank and Trust Company fund the most?
- The “Top franchise exposures” table above lists the brands Heartland Bank and Trust Company has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.