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SBA 7(a) franchise lending portfolio
International Bank of Commerce
CRITICAL risk
- Total loans
- 22
- Loan volume
- $3.1M
- Avg loan size
- $141K
- Default rate
- 40.9%
- vs 15.4% national avg
Defaults
9
Avg interest
—
Franchises funded
19
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Mail Boxes Etc. Usa | 4 | $370K | 25.0% |
| Comet One-Hour Dry Cleaners | 1 | $140K | 0.0% |
| Color Tile | 1 | $150K | 100.0% |
| Tcby | 1 | $122K | 0.0% |
| Dryclean Usa | 1 | $285K | 100.0% |
| Cashland Check Cashing Centers | 1 | $150K | 0.0% |
| Golden Fried Chicken | 1 | $199K | 0.0% |
| Marblelife | 1 | $50K | 100.0% |
| Sir Speedy Printing Center | 1 | $54K | 0.0% |
| Blimpie | 1 | $160K | 100.0% |
| Subway Sandwich Shop | 1 | $90K | 0.0% |
| Shakley's Frozen Custard | 1 | $30K | 0.0% |
| Cornwell Quality Tool Company, | 1 | $25K | 100.0% |
| Quiznos | 1 | $183K | 0.0% |
| Little Gym | 1 | $75K | 100.0% |
| Pizza Patron | 1 | $166K | 0.0% |
| Liberty Tax Service | 1 | $45K | 0.0% |
| Sears Catalog Store | 1 | $725K | 100.0% |
| Cottman Transmission | 1 | $85K | 100.0% |
Lending volume by year
2'92
2'93
1'94
1'95
1'96
1'99
5'00
2'01
2'04
2'05
2'07
1'08
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%).