IB
SBA 7(a) franchise lending portfolio
Industrial Bank
EXCELLENT risk
- Total loans
- 14
- Loan volume
- $9.1M
- Avg loan size
- $650K
- Charge-off rate
- 0.0%
- vs 15.4% national avg
Defaults
0
Avg interest
7.06%
Franchises funded
12
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Nothing Bundt Cakes | 2 | $1.1M | N/A |
| Jinya Ramen Bar | 2 | $4.7M | N/A |
| Burger King | 1 | $100K | 0.0% (low risk) |
| Jiffy Lube | 1 | $200K | 0.0% (low risk) |
| Rita's Real Italian Water Ice | 1 | $190K | N/A |
| Quiznos | 1 | $308K | N/A |
| Ledo Pizza | 1 | $130K | 0.0% (low risk) |
| International House Of Pancake | 1 | $915K | 0.0% (low risk) |
| Bruster's | 1 | $350K | 0.0% (low risk) |
| H.u.m.a.n. | 1 | $75K | 0.0% (low risk) |
| Ledo Pizza | 1 | $730K | N/A |
| Pure Green | 1 | $328K | N/A |
Lending volume by year
1'95
1'97
1'05
2'08
1'10
1'14
1'15
2'21
1'22
1'24
2'25
Geographic exposure
Portfolio summary
Total funded$9.1M
Defaults0 of 14
Risk tierEXCELLENT
Avg rate7.06%
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 Industrial Bank originated?
- 14 loans totaling $9.1M. 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 Industrial Bank fund the most?
- The “Top franchise exposures” table above lists the brands Industrial Bank has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.