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SBA 7(a) franchise lending portfolio
Home State Bank, National Association
GOOD risk
- Total loans
- 14
- Loan volume
- $1.3M
- Avg loan size
- $95K
- Default 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% |
| Minuteman Press | 2 | $321K | 0.0% |
| Cousins Submarines (restaurant | 1 | $150K | 0.0% |
| Merle Norman Cosmetics | 1 | $32K | 0.0% |
| Pack-N-Mail | 1 | $40K | 100.0% |
| Candleman | 1 | $150K | 0.0% |
| Jimmy John's | 1 | $150K | 0.0% |
| A-1 Concrete Leveling, Inc. | 1 | $150K | 0.0% |
| Kaleidoscoops, Inc. | 1 | $20K | 0.0% |
| Wings Etc. | 1 | $120K | 0.0% |
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%
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
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%).