JC
SBA 7(a) franchise lending portfolio
JPMorgan Chase Bank, National Association
Risk rating: Average
- Total loans
- 3,108
- Loan volume
- $753.3M
- Avg loan size
- $242K
- Charge-off rate
- 14.2%
- vs 16.0% national
Charged off
411
Avg interest
6.54%
Franchises funded
1,093
Risk rating
Average
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Subway Sandwich Shop | 155 | $22.2M | 3.9% (excellent) |
| Quiznos | 148 | $20.9M | 13.5% (average) |
| Mail Boxes Etc. Usa | 73 | $9.7M | 9.7% (good) |
| Jimmy John's | 52 | $16.0M | 0.0% (excellent) |
| Mary Kay Cosmetics | 30 | $110K | 46.7% (high risk) |
| Dairy Queen | 27 | $5.6M | 22.2% (high risk) |
| Smoothie King (health Food Sto | 22 | $2.6M | 18.2% (elevated) |
| Massage Envy | 22 | $6.0M | 0.0% (excellent) |
| Great Clips | 20 | $4.5M | 0.0% (excellent) |
| AAMCO Transmissions | 19 | $2.8M | 22.2% (high risk) |
| Ace Hardware | 19 | $12.0M | 7.1% (good) |
| Wingstop Restaurant | 19 | $4.0M | 5.3% (good) |
| Domino's Pizza | 18 | $2.5M | 0.0% (excellent) |
| Anytime Fitness | 18 | $3.7M | 0.0% (excellent) |
| Blimpie | 17 | $2.4M | 64.7% (high risk) |
| Servpro | 17 | $4.3M | 0.0% (excellent) |
| Fedex Ground | 17 | $3.4M | 0.0% (excellent) |
| Little Ceasar's Pizza | 16 | $4.8M | 6.2% (good) |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1992 | 42 |
| FY1993 | 26 |
| FY1994 | 62 |
| FY1995 | 107 |
| FY1996 | 105 |
| FY1997 | 96 |
| FY1998 | 92 |
| FY1999 | 107 |
| FY2000 | 167 |
| FY2001 | 99 |
| FY2002 | 155 |
| FY2003 | 147 |
| FY2004 | 129 |
| FY2005 | 118 |
| FY2006 | 38 |
| FY2007 | 53 |
| FY2008 | 71 |
| FY2009 | 23 |
| FY2010 | 78 |
| FY2011 | 133 |
| FY2012 | 106 |
| FY2013 | 146 |
| FY2014 | 146 |
| FY2015 | 186 |
| FY2016 | 161 |
| FY2017 | 148 |
| FY2018 | 135 |
| FY2019 | 98 |
| FY2020 | 43 |
| FY2021 | 7 |
| FY2022 | 20 |
| FY2023 | 28 |
| FY2024 | 16 |
| FY2025 | 14 |
| FY2026 | 6 |
SBA 7(a) · charge-off rate by approval year
JPMorgan Chase Bank, National Association: below all franchise loans in 18 of 29 rated years
Hollow rings on the axis: years with fewer than 10 resolved loans, not rated (recent years: too early to judge while loans are still being repaid). Their numbers are in the table.
Show the numbers by year
| Year | Resolved | Charged off | Rate |
|---|---|---|---|
| 1992 | 42 | 3 | 7.1% |
| 1993 | 26 | 3 | 11.5% |
| 1994 | 61 | 6 | 9.8% |
| 1995 | 105 | 20 | 19.0% |
| 1996 | 105 | 28 | 26.7% |
| 1997 | 96 | 11 | 11.5% |
| 1998 | 92 | 23 | 25.0% |
| 1999 | 107 | 27 | 25.2% |
| 2000 | 167 | 36 | 21.6% |
| 2001 | 99 | 17 | 17.2% |
| 2002 | 155 | 35 | 22.6% |
| 2003 | 147 | 29 | 19.7% |
| 2004 | 129 | 24 | 18.6% |
| 2005 | 118 | 21 | 17.8% |
| 2006 | 38 | 9 | 23.7% |
| 2007 | 53 | 17 | 32.1% |
| 2008 | 71 | 11 | 15.5% |
| 2009 | 23 | 1 | 4.3% |
| 2010 | 78 | 8 | 10.3% |
| 2011 | 132 | 12 | 9.1% |
| 2012 | 105 | 5 | 4.8% |
| 2013 | 146 | 6 | 4.1% |
| 2014 | 145 | 9 | 6.2% |
| 2015 | 182 | 16 | 8.8% |
| 2016 | 146 | 5 | 3.4% |
| 2017 | 128 | 10 | 7.8% |
| 2018 | 108 | 10 | 9.3% |
| 2019 | 65 | 5 | 7.7% |
| 2020 | 26 | 3 | 11.5% |
| 2022 | 6 | 1 | Too early |
| 2023 | 3 | 0 | Too early |
Dashed line: all franchise 7(a) loans approved the same year.
Source and method
SBA 7(a) FOIA loan records. Rate: charged-off loans over resolved loans (paid in full plus charged off) for loans approved that year; it moves as loans are resolved.
Geographic exposure
Portfolio summary
Total funded$753.3M
Charged off411 of 3,108
Risk tierAverage
Avg rate6.54%
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 JPMorgan Chase Bank, National Association originated?
- 3,108 loans totaling $753.3M. The portfolio carries a 14.2% charge-off rate, earning a “Average” risk rating.
- What is the charge-off rate and why does it matter?
- Charge-off rate = charge-offs / (charge-offs + paid-in-full). Across SBA 7(a) franchise lending, the national charge-off rate is 16.0% over 94,550 resolved loans.Portfolios materially above that signal either riskier franchise selection or weaker underwriting. JPMorgan Chase Bank, National Association's rate of 14.2% is below the national rate.
- 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 JPMorgan Chase Bank, National Association fund the most?
- The “Top franchise exposures” table above lists the brands JPMorgan Chase Bank, National Association has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.