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SBA 7(a) franchise lending portfolio
Ives Bank
GOOD risk
- Total loans
- 14
- Loan volume
- $4.5M
- Avg loan size
- $323K
- Default rate
- 9.1%
- vs 15.4% national avg
Defaults
1
Avg interest
6.28%
Franchises funded
10
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Nardelli's Franchising | 4 | $1.2M | 0.0% |
| Curves For Women | 2 | $60K | 0.0% |
| Dairy Queen | 1 | $650K | 0.0% |
| Advanced Detection Security | 1 | $1.4M | 0.0% |
| Mail Boxes Etc. Usa | 1 | $150K | 0.0% |
| Mrs. Field's Cookies | 1 | $50K | 0.0% |
| Jake's Wayback Burgers | 1 | $275K | 0.0% |
| Quality Inn | 1 | $175K | 0.0% |
| AAMCO Transmissions | 1 | $150K | 100.0% |
| DQ Grill & Chill Operating Agr | 1 | $422K | — |
Lending volume by year
1'99
1'02
4'05
2'10
1'14
2'15
2'17
1'22
Geographic exposure
149.1%
Portfolio summary
Total funded$4.5M
Defaults1 of 14
Risk tierGOOD
Avg rate6.28%
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%).