HB
SBA 7(a) franchise lending portfolio
Horizon Bank SSB
EXCELLENT risk
- Total loans
- 13
- Loan volume
- $6.2M
- Avg loan size
- $479K
- Charge-off 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% (low risk) |
| Which Wich Superior Sandwiches | 2 | $300K | 0.0% (low risk) |
| Schlotzsky's Sandwich Shop | 1 | $920K | 0.0% (low risk) |
| Closets By Design | 1 | $221K | 0.0% (low risk) |
| Vision Source | 1 | $110K | 0.0% (low risk) |
| DoubleDave's Pizzaworks | 1 | $458K | N/A |
| Menchie's | 1 | $625K | 0.0% (low risk) |
| Anytime Fitness | 1 | $150K | 0.0% (low risk) |
| Just Love Coffee Cafe | 1 | $752K | N/A |
| Garage Living | 1 | $670K | N/A |
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
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 Horizon Bank SSB originated?
- 13 loans totaling $6.2M. 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 Horizon Bank SSB fund the most?
- The “Top franchise exposures” table above lists the brands Horizon Bank SSB has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.