HS
SBA 7(a) franchise lending portfolio
Home State Bank, National Association
GOOD risk
- Total loans
- 14
- Loan volume
- $1.3M
- Avg loan size
- $95K
- Charge-off rate
- 7.1%
- vs 15.4% national avg
Defaults
1
Avg interest
6.00%
Franchises funded
10
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Great Clips | 4 | $204K | 0.0% (low risk) |
| Minuteman Press | 2 | $321K | 0.0% (low risk) |
| Cousins Submarines (restaurant | 1 | $150K | 0.0% (low risk) |
| Merle Norman Cosmetics | 1 | $32K | 0.0% (low risk) |
| Pack-N-Mail | 1 | $40K | 100.0% (very high risk) |
| Candleman | 1 | $150K | 0.0% (low risk) |
| Jimmy John's | 1 | $150K | 0.0% (low risk) |
| A-1 Concrete Leveling, Inc. | 1 | $150K | 0.0% (low risk) |
| Kaleidoscoops, Inc. | 1 | $20K | 0.0% (low risk) |
| Wings Etc. | 1 | $120K | 0.0% (low risk) |
Lending volume by year
1'94
2'95
1'96
1'97
2'99
2'01
3'03
1'04
1'17
Geographic exposure
147.1% (moderate risk)
Portfolio summary
Total funded$1.3M
Defaults1 of 14
Risk tierGOOD
Avg rate6.00%
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 Home State Bank, National Association originated?
- 14 loans totaling $1.3M. The portfolio carries a 7.1% 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 Home State Bank, National Association fund the most?
- The “Top franchise exposures” table above lists the brands Home State Bank, National Association has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.