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SBA 7(a) franchise lending portfolio
Legence Bank
EXCELLENT risk
- Total loans
- 54
- Loan volume
- $93.6M
- Avg loan size
- $1.7M
- Default rate
- 0.0%
- vs 15.4% national avg
Defaults
0
Avg interest
5.65%
Franchises funded
36
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Sport Clips | 7 | $3.0M | 0.0% |
| Days Inn | 3 | $5.3M | 0.0% |
| Americas Best Value Inn (f/K/A | 3 | $6.4M | 0.0% |
| Pet Supplies Plus | 3 | $3.6M | 0.0% |
| Scooter's Coffee | 3 | $1.6M | — |
| Dairy Queen | 2 | $400K | 0.0% |
| Little Caesar Pizza | 2 | $230K | 0.0% |
| La Quinta Inn | 2 | $7.5M | 0.0% |
| Studio 6 | 2 | $3.2M | 0.0% |
| Subway Sandwich Shop | 1 | $150K | 0.0% |
| Baymont Inn & Suites | 1 | $3.4M | 0.0% |
| Sleep Inn/Sleep Inn & Suites | 1 | $1.9M | 0.0% |
| Comfort/ Comfort Inn & Suites/ | 1 | $2.5M | 0.0% |
| Super 8 | 1 | $1.4M | 0.0% |
| Subway | 1 | $35K | 0.0% |
| Holiday Inn Express | 1 | $5.0M | 0.0% |
| Sports Clips | 1 | $1.2M | 0.0% |
| Sleep Inn Motel | 1 | $1.4M | 0.0% |
| Rodeway Inn | 1 | $950K | 0.0% |
| Hampton Inns | 1 | $5.0M | 0.0% |
Lending volume by year
1'03
2'04
2'12
2'13
2'14
5'15
9'16
13'17
2'18
2'19
7'21
3'22
3'23
1'25
Legence Bank default rate by loan vintage
BrandNational avg
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%).