![Lincoln Savings Bank logo](https://cdn.brandfetch.io/lincolnsavingsbank.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
Lincoln Savings Bank
AVERAGE risk
- Total loans
- 59
- Loan volume
- $32.0M
- Avg loan size
- $542K
- Default rate
- 14.3%
- vs 15.4% national avg
Defaults
3
Avg interest
7.85%
Franchises funded
40
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Escapology | 6 | $3.0M | 0.0% |
| Perspire Sauna Studio | 4 | $1.9M | — |
| Anytime Fitness | 3 | $1.7M | 0.0% |
| Crave Hot Dogs and BBQ | 3 | $3.5M | — |
| Great American Cookies | 2 | $820K | 0.0% |
| Quiznos | 2 | $288K | 100.0% |
| Muzak | 2 | $2.2M | — |
| Mood Media - License Agreement | 2 | $1.1M | — |
| Hounds Town USA | 2 | $1.6M | — |
| Pinspiration | 2 | $300K | 100.0% |
| F45 Training | 2 | $300K | — |
| Pronto Markets | 1 | $228K | 0.0% |
| Hallmark Card Shop | 1 | $28K | 0.0% |
| Pretzelmaker | 1 | $290K | 0.0% |
| Your Pie | 1 | $340K | 0.0% |
| Hurricane Grill | 1 | $1.3M | 0.0% |
| Clean Laundry (License Agreeme | 1 | $855K | 0.0% |
| Camp Run-A-Mutt | 1 | $327K | 0.0% |
| Gamers Inc. | 1 | $95K | 0.0% |
| The Brass Tap | 1 | $631K | 0.0% |
Lending volume by year
1'93
1'95
1'00
1'01
1'02
2'05
1'11
1'14
1'15
1'16
3'17
1'18
2'19
4'20
9'21
11'22
14'23
3'24
1'25
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%).