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SBA 7(a) franchise lending portfolio
Lake Trust CU
GOOD risk
- Total loans
- 16
- Loan volume
- $4.3M
- Avg loan size
- $271K
- Default rate
- 8.3%
- vs 15.4% national avg
Defaults
1
Avg interest
5.94%
Franchises funded
13
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Fedex Ground | 3 | $948K | 0.0% |
| Great Harvest Bread Co. | 2 | $350K | 0.0% |
| Johnny Rockets | 1 | $107K | 100.0% |
| KFC | 1 | $160K | 0.0% |
| Great Clips | 1 | $105K | 0.0% |
| Jimmy John's | 1 | $325K | 0.0% |
| Kentucky Fried Chicken | 1 | $742K | 0.0% |
| Biggby Coffee | 1 | $90K | 0.0% |
| Sunoco Service Station | 1 | $287K | — |
| Smash My Trash | 1 | $470K | 0.0% |
| Tropical Smoothie Cafe | 1 | $285K | — |
| Pure Barre | 1 | $220K | — |
| Guido's Premium Pizza | 1 | $240K | — |
Lending volume by year
1'09
1'11
2'12
3'13
3'15
1'16
1'17
1'20
2'21
1'22
Geographic exposure
168.3%
Portfolio summary
Total funded$4.3M
Defaults1 of 16
Risk tierGOOD
Avg rate5.94%
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%).