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SBA 7(a) franchise lending portfolio
InterBank
CRITICAL risk
- Total loans
- 26
- Loan volume
- $6.1M
- Avg loan size
- $235K
- Default rate
- 34.8%
- vs 15.4% national avg
Defaults
8
Avg interest
5.96%
Franchises funded
20
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Marble Slab Creamery | 3 | $780K | 100.0% |
| Sheridan's Frozen Custard | 2 | $577K | 50.0% |
| Mr. Jim's Pizza | 2 | $149K | 0.0% |
| Images 4 Kids | 2 | $131K | 50.0% |
| The UPS Store (f/k/a Mail Box | 2 | $149K | — |
| Western Sizzlin Steak House | 1 | $750K | 0.0% |
| Mail Boxes Etc. Usa | 1 | $95K | 100.0% |
| Servistar Corp. | 1 | $150K | 0.0% |
| Curves For Women | 1 | $44K | 0.0% |
| Quiznos | 1 | $225K | 100.0% |
| Mcdonald's | 1 | $752K | 0.0% |
| Batteries Plus | 1 | $150K | 0.0% |
| Image Arts Etc. | 1 | $50K | 0.0% |
| Cold Stone Creamery, Inc. | 1 | $125K | 0.0% |
| Nothing But Noodles | 1 | $475K | 100.0% |
| Daylight Donut Shop | 1 | $88K | 0.0% |
| Simple Simon's Pizza | 1 | $58K | 0.0% |
| Painting With A Twist | 1 | $50K | 0.0% |
| Chevrolet | 1 | $1.2M | 0.0% |
| Bee Healty Cafe | 1 | $125K | — |
Lending volume by year
2'94
1'96
3'00
2'03
4'04
4'05
3'06
2'09
1'13
1'15
2'22
1'23
InterBank default rate by loan vintage
BrandNational avg
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%).