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SBA 7(a) franchise lending portfolio
HSBC Bank USA National Association
CRITICAL risk
- Total loans
- 106
- Loan volume
- $13.5M
- Avg loan size
- $128K
- Default rate
- 28.3%
- vs 15.4% national avg
Defaults
30
Avg interest
7.58%
Franchises funded
67
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Subway Sandwich Shop | 19 | $1.9M | 10.5% |
| Quiznos | 4 | $510K | 75.0% |
| AAMCO Transmissions | 3 | $432K | 0.0% |
| Blimpie | 3 | $254K | 66.7% |
| Econo Lodge Motel | 3 | $200K | 0.0% |
| Convenient Food Mart | 2 | $250K | 50.0% |
| Dairy Queen | 2 | $757K | 50.0% |
| Kiddie Academy | 2 | $129K | 50.0% |
| Mail Boxes Etc. Usa | 2 | $95K | 50.0% |
| Domino's Pizza | 2 | $175K | 0.0% |
| Tutor Time | 2 | $226K | 0.0% |
| Quik Drop | 2 | $174K | 0.0% |
| Meineke Car Care | 2 | $150K | 50.0% |
| Extra Innings Training Centers | 2 | $200K | 100.0% |
| Dunkin Donuts | 2 | $770K | 50.0% |
| Tropical Smoothie | 2 | $223K | 50.0% |
| Conte's Bicycles And Fitness E | 2 | $827K | 0.0% |
| Jackson Hewitt Tax Service | 1 | $30K | 0.0% |
| Fantastic Sam's | 1 | $51K | 0.0% |
| Mobil Oil (stations) | 1 | $950K | 0.0% |
Lending volume by year
3'92
2
3
5
6
16'97
3
4
2
5
8'03
8
15
4
8
5'08
4
1
1
1
1'19
1'20
HSBC Bank USA National Association default rate by loan vintage
BrandNational avg
Geographic exposure
Portfolio summary
Total funded$13.5M
Defaults30 of 106
Risk tierCRITICAL
Avg rate7.58%
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%).