![Liberty Bank logo](https://cdn.brandfetch.io/liberty-bank.com/w/128/h/128/fallback/lettermark?c=<img src="https://cdn.brandfetch.io/domain/apple.com?c=1idsvcTjLv919Ax0E2s" alt="Logo by Brandfetch" />){kind=small}
SBA 7(a) franchise lending portfolio
Liberty Bank
AVERAGE risk
- Total loans
- 36
- Loan volume
- $6.3M
- Avg loan size
- $176K
- Default 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% |
| Papa John's Pizza | 2 | $85K | 0.0% |
| Romp n' Roll | 2 | $68K | 0.0% |
| ServiceMaster | 2 | $300K | — |
| Closet & Storage Concepts | 2 | $950K | — |
| Snap Fitness | 2 | $585K | — |
| Pakmail Centers Of America | 1 | $45K | 100.0% |
| Ben & Jerry's Ice Cream | 1 | $25K | 0.0% |
| Gmac Real Estate | 1 | $75K | 100.0% |
| Quiznos | 1 | $190K | 100.0% |
| Line-X | 1 | $25K | 0.0% |
| Paul Davis Restoration | 1 | $50K | 0.0% |
| UPS Store | 1 | $150K | 0.0% |
| Snip-Its | 1 | $190K | 100.0% |
| Snap Fitness | 1 | $150K | 0.0% |
| Blimpie | 1 | $200K | 0.0% |
| Little Caesar Pizza | 1 | $301K | 0.0% |
| Rapid Recovery | 1 | $204K | 0.0% |
| Mr. Handyman | 1 | $70K | 0.0% |
| Servpro | 1 | $150K | 0.0% |
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 default rate by loan vintage
BrandNational avg
Geographic exposure
3614.8%
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
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%).