LB
SBA 7(a) franchise lending portfolio
Liberty Bank
AVERAGE risk
- Total loans
- 36
- Loan volume
- $6.3M
- Avg loan size
- $176K
- Charge-off rate
- 14.8%
- vs 15.4% national avg
Defaults
4
Avg interest
6.87%
Franchises funded
30
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| My Gym | 2 | $310K | 0.0% (low risk) |
| Papa John's Pizza | 2 | $85K | 0.0% (low risk) |
| Romp n' Roll | 2 | $68K | 0.0% (low risk) |
| ServiceMaster | 2 | $300K | N/A |
| Closet & Storage Concepts | 2 | $950K | N/A |
| Snap Fitness | 2 | $585K | N/A |
| Pakmail Centers Of America | 1 | $45K | 100.0% (very high risk) |
| Ben & Jerry's Ice Cream | 1 | $25K | 0.0% (low risk) |
| Gmac Real Estate | 1 | $75K | 100.0% (very high risk) |
| Quiznos | 1 | $190K | 100.0% (very high risk) |
| Line-X | 1 | $25K | 0.0% (low risk) |
| Paul Davis Restoration | 1 | $50K | 0.0% (low risk) |
| UPS Store | 1 | $150K | 0.0% (low risk) |
| Snip-Its | 1 | $190K | 100.0% (very high risk) |
| Snap Fitness | 1 | $150K | 0.0% (low risk) |
| Blimpie | 1 | $200K | 0.0% (low risk) |
| Little Caesar Pizza | 1 | $301K | 0.0% (low risk) |
| Rapid Recovery | 1 | $204K | 0.0% (low risk) |
| Mr. Handyman | 1 | $70K | 0.0% (low risk) |
| Servpro | 1 | $150K | 0.0% (low risk) |
Lending volume by year
1'04
2'05
1'06
3'07
1'09
3'10
2'12
3'13
1'14
3'15
1'17
5'19
3'20
2'21
3'24
1'25
1'26
Liberty Bank charge-off rate by loan vintage
BrandNational avg
Geographic exposure
3614.8% (elevated risk)
Portfolio summary
Total funded$6.3M
Defaults4 of 36
Risk tierAVERAGE
Avg rate6.87%
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 Liberty Bank originated?
- 36 loans totaling $6.3M. The portfolio carries a 14.8% 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). 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 Liberty Bank fund the most?
- The “Top franchise exposures” table above lists the brands Liberty 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.