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SBA 7(a) franchise lending portfolio
Horizon Bank SSB
EXCELLENT risk
- Total loans
- 13
- Loan volume
- $6.2M
- Avg loan size
- $479K
- Default rate
- 0.0%
- vs 15.4% national avg
Defaults
0
Avg interest
7.00%
Franchises funded
10
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Pluckers | 3 | $2.0M | 0.0% |
| Which Wich Superior Sandwiches | 2 | $300K | 0.0% |
| Schlotzsky's Sandwich Shop | 1 | $920K | 0.0% |
| Closets By Design | 1 | $221K | 0.0% |
| Vision Source | 1 | $110K | 0.0% |
| DoubleDave's Pizzaworks | 1 | $458K | — |
| Menchie's | 1 | $625K | 0.0% |
| Anytime Fitness | 1 | $150K | 0.0% |
| Just Love Coffee Cafe | 1 | $752K | — |
| Garage Living | 1 | $670K | — |
Lending volume by year
3'08
1'10
1'11
2'12
1'13
1'14
1'16
1'18
1'23
1'25
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%).