I
SBA 7(a) franchise lending portfolio
IncredibleBank
GOOD risk
- Total loans
- 121
- Loan volume
- $157.9M
- Avg loan size
- $1.3M
- Charge-off rate
- 7.0%
- vs 15.4% national avg
Defaults
4
Avg interest
6.70%
Franchises funded
93
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| The UPS Store (f/k/a Mail Box | 6 | $3.5M | 0.0% (low risk) |
| Mr Brews Taphouse | 3 | $1.0M | 0.0% (low risk) |
| Midas | 3 | $3.2M | 0.0% (low risk) |
| Quality Inn by Choice Hotels / | 3 | $8.9M | 0.0% (low risk) |
| Days Inn by Wyndham | 3 | $4.3M | 0.0% (low risk) |
| Motel 6 | 2 | $4.2M | N/A |
| Baymont by Wyndham aka Baymont | 2 | $6.0M | 0.0% (low risk) |
| Econo Lodge by Choice Hotels/E | 2 | $3.0M | 0.0% (low risk) |
| Comfort Inn by Choice Hotels/C | 2 | $7.3M | 0.0% (low risk) |
| Hardware Hank | 2 | $232K | 0.0% (low risk) |
| Taco John's | 2 | $1.0M | N/A |
| Tropical Smoothie Cafe | 2 | $913K | N/A |
| Dairy Queen of Las Vegas - Ope | 2 | $1.2M | 0.0% (low risk) |
| iCode | 2 | $801K | N/A |
| Ruth's Chris Steak House | 2 | $2.9M | 0.0% (low risk) |
| Travelodge by Wyndham | 2 | $4.9M | N/A |
| Restore Hyper Wellness | 2 | $930K | N/A |
| Americas Best Value Inn | 2 | $3.4M | N/A |
| Great Harvest Bread Co. | 2 | $570K | N/A |
| Epic Wings/Epic Wings N Things | 2 | $1.4M | 0.0% (low risk) |
Lending volume by year
1'99
1'01
1'02
1'06
3'08
2'10
1'11
1'13
1'14
1'15
3'16
2'17
8'18
29'19
11'20
22'21
16'22
6'23
10'24
1'25
IncredibleBank charge-off rate by loan vintage
BrandNational avg
Geographic exposure
338.7% (moderate risk)
150.0% (low risk)
150.0% (low risk)
130.0% (low risk)
720.0% (very high risk)
40.0% (low risk)
30.0% (low risk)
3N/A
30.0% (low risk)
30.0% (low risk)
Portfolio summary
Total funded$157.9M
Defaults4 of 121
Risk tierGOOD
Avg rate6.70%
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 IncredibleBank originated?
- 121 loans totaling $157.9M. The portfolio carries a 7.0% 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 IncredibleBank fund the most?
- The “Top franchise exposures” table above lists the brands IncredibleBank has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.