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SBA 7(a) franchise lending portfolio
Heartland Bank and Trust Company
EXCELLENT risk
- Total loans
- 66
- Loan volume
- $15.2M
- Avg loan size
- $230K
- Default rate
- 4.9%
- vs 15.4% national avg
Defaults
3
Avg interest
5.70%
Franchises funded
40
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Subway Sandwich Shop | 12 | $3.6M | 0.0% |
| Subway | 5 | $957K | 0.0% |
| Merle Norman Cosmetics | 3 | $167K | 0.0% |
| Dairy Queen | 3 | $250K | 0.0% |
| Curves For Women | 3 | $100K | 0.0% |
| AdvantaClean | 3 | $469K | 0.0% |
| Shell Service Station | 2 | $797K | 0.0% |
| Matco Tools (rent Tools) | 2 | $139K | 0.0% |
| Domino's Pizza | 2 | $1.8M | 0.0% |
| Remax | 1 | $111K | 0.0% |
| Midas Muffler Shop | 1 | $650K | 0.0% |
| Medicap Pharmacy | 1 | $282K | 0.0% |
| Blimpie | 1 | $112K | 0.0% |
| Radio Shack | 1 | $48K | 0.0% |
| Pro Golf | 1 | $301K | 0.0% |
| Mail Boxes Etc. Usa | 1 | $150K | 0.0% |
| Bearclaw Coffee Co. | 1 | $218K | 0.0% |
| Fuzziwig's Candy Factory | 1 | $138K | 100.0% |
| Fastsigns | 1 | $55K | 0.0% |
| Wing Zone | 1 | $99K | 100.0% |
Lending volume by year
2'93
3
1
2
1
2'00
4
4
5
4
5'06
1
1
2
2
5'12
4
5
7
1
1'19
3
1'23
Heartland Bank and Trust Company default rate by loan vintage
BrandNational avg
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%).