LB
SBA 7(a) franchise lending portfolio
Legence Bank
EXCELLENT risk
- Total loans
- 54
- Loan volume
- $93.6M
- Avg loan size
- $1.7M
- Charge-off 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% (low risk) |
| Days Inn | 3 | $5.3M | 0.0% (low risk) |
| Americas Best Value Inn (f/K/A | 3 | $6.4M | 0.0% (low risk) |
| Pet Supplies Plus | 3 | $3.6M | 0.0% (low risk) |
| Scooter's Coffee | 3 | $1.6M | N/A |
| Dairy Queen | 2 | $400K | 0.0% (low risk) |
| Little Caesar Pizza | 2 | $230K | 0.0% (low risk) |
| La Quinta Inn | 2 | $7.5M | 0.0% (low risk) |
| Studio 6 | 2 | $3.2M | 0.0% (low risk) |
| Subway Sandwich Shop | 1 | $150K | 0.0% (low risk) |
| Baymont Inn & Suites | 1 | $3.4M | 0.0% (low risk) |
| Sleep Inn/Sleep Inn & Suites | 1 | $1.9M | 0.0% (low risk) |
| Comfort/ Comfort Inn & Suites/ | 1 | $2.5M | 0.0% (low risk) |
| Super 8 | 1 | $1.4M | 0.0% (low risk) |
| Subway | 1 | $35K | 0.0% (low risk) |
| Holiday Inn Express | 1 | $5.0M | 0.0% (low risk) |
| Sports Clips | 1 | $1.2M | 0.0% (low risk) |
| Sleep Inn Motel | 1 | $1.4M | 0.0% (low risk) |
| Rodeway Inn | 1 | $950K | 0.0% (low risk) |
| Hampton Inns | 1 | $5.0M | 0.0% (low risk) |
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 charge-off rate by loan vintage
BrandNational avg
Geographic exposure
Portfolio summary
Total funded$93.6M
Defaults0 of 54
Risk tierEXCELLENT
Avg rate5.65%
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 Legence Bank originated?
- 54 loans totaling $93.6M. The portfolio carries a 0.0% charge-off rate, earning a “EXCELLENT” risk rating.
- What is the charge-off rate and why does it matter?
- Charge-off rate = charge-offs / (charge-offs + paid-in-full). For SBA 7(a) franchise lending, the national average runs 5–8%. Portfolios materially above that signal either riskier franchise selection or weaker underwriting.
- 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 Legence Bank fund the most?
- The “Top franchise exposures” table above lists the brands Legence Bank has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.