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SBA 7(a) franchise lending portfolio
LegacyTexas Bank
CRITICAL risk
- Total loans
- 26
- Loan volume
- $5.4M
- Avg loan size
- $209K
- Default rate
- 23.1%
- vs 15.4% national avg
Defaults
6
Avg interest
5.92%
Franchises funded
22
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Subway Sandwich Shop | 3 | $360K | 0.0% |
| Cici's Pizza | 2 | $1.1M | 0.0% |
| Snap-On-Tools | 2 | $525K | 0.0% |
| Molly Maid | 1 | $50K | 0.0% |
| Learning Express | 1 | $95K | 0.0% |
| Alphagraphics, Printshops Of T | 1 | $300K | 100.0% |
| Tcby | 1 | $80K | 0.0% |
| Smoothie King (health Food Sto | 1 | $89K | 0.0% |
| Mr. Gatti's | 1 | $310K | 0.0% |
| Smoothie Factory | 1 | $49K | 0.0% |
| Floor Covering International | 1 | $25K | 100.0% |
| Pakmail Centers Of America | 1 | $66K | 0.0% |
| Nationwide General Rental | 1 | $73K | 0.0% |
| Hallmark Card Shop | 1 | $140K | 100.0% |
| Valvoline Instant Oil Change | 1 | $480K | 0.0% |
| Mr. Goodcents Sub' And Pasta | 1 | $100K | 100.0% |
| Blimpie | 1 | $25K | 0.0% |
| Papa Murphy's Take & Bake Pizz | 1 | $257K | 0.0% |
| Parcel Plus | 1 | $70K | 0.0% |
| Mr. Jim's Pizza | 1 | $150K | 100.0% |
Lending volume by year
1'93
3'94
2'95
2'96
5'97
4'98
1'99
3'00
1'01
1'04
1'09
1'10
1'12
LegacyTexas Bank default rate by loan vintage
BrandNational avg
Geographic exposure
2623.1%
Portfolio summary
Total funded$5.4M
Defaults6 of 26
Risk tierCRITICAL
Avg rate5.92%
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%).