HB
SBA 7(a) franchise lending portfolio
Heritage Bank Inc
EXCELLENT risk
- Total loans
- 34
- Loan volume
- $17.3M
- Avg loan size
- $508K
- Charge-off rate
- 0.0%
- vs 15.4% national avg
Defaults
0
Avg interest
10.13%
Franchises funded
26
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Crumbl | 4 | $2.5M | N/A |
| 911 Restoration | 3 | $783K | N/A |
| D1T raining | 2 | $1.3M | N/A |
| Meineke Car Care Center | 2 | $686K | N/A |
| Cupbop | 2 | $1.3M | N/A |
| Grease Monkey | 1 | $132K | N/A |
| The Camp Transformation Center | 1 | $150K | N/A |
| Jimmy John's | 1 | $695K | N/A |
| Valvoline - Express Care Sales | 1 | $1.4M | 0.0% (low risk) |
| Fit Body Boot Camp | 1 | $150K | N/A |
| Sylvan Learning Centers | 1 | $150K | N/A |
| Vocelli Pizza | 1 | $150K | N/A |
| HouseMaster | 1 | $150K | N/A |
| Cali Coffee | 1 | $1.6M | N/A |
| Voda Cleaning & Restoration | 1 | $325K | N/A |
| Penn Station East Coast Subs | 1 | $1.5M | N/A |
| Bin There...Dump That | 1 | $232K | N/A |
| Bridge to Better Living | 1 | $44K | 0.0% (low risk) |
| Paik's Noodle | 1 | $608K | N/A |
| Huntington Learning Center | 1 | $720K | 0.0% (low risk) |
Lending volume by year
1'19
1'21
2'22
10'23
4'24
12'25
4'26
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 Heritage Bank Inc originated?
- 34 loans totaling $17.3M. 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 Heritage Bank Inc fund the most?
- The “Top franchise exposures” table above lists the brands Heritage Bank Inc has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.