LF
SBA 7(a) franchise lending portfolio
Loans from Old Closed Lenders
Risk rating: Good
- Total loans
- 250
- Loan volume
- $128.0M
- Avg loan size
- $512K
- Charge-off rate
- 9.2%
- vs 16.0% national
Charged off
23
Avg interest
N/A
Franchises funded
124
Risk rating
Good
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Cici's Pizza | 21 | $4.3M | 28.6% (high risk) |
| Super 8 Motel | 15 | $17.7M | 6.7% (good) |
| Schlotzsky's Sandwich Shop | 9 | $5.8M | N/A |
| Big O Tires | 8 | $2.6M | N/A |
| Dairy Queen | 7 | $1.8M | N/A |
| Atlanta Bread Company | 6 | $1.6M | N/A |
| Ramada Inn | 6 | $7.8M | N/A |
| Chevron (gas Station) | 5 | $2.0M | N/A |
| Texaco Service Station | 5 | $4.4M | N/A |
| Kids R Kids | 5 | $5.0M | N/A |
| Dickey's Barbeque | 4 | $1.5M | N/A |
| Best Western Inn | 4 | $3.5M | N/A |
| MAACO Auto Painting Center | 4 | $1.3M | N/A |
| Jack-In-The-Box | 4 | $2.4M | N/A |
| Tutor Time | 3 | $453K | N/A |
| Subway Sandwich Shop | 3 | $514K | N/A |
| Days Inn | 3 | $3.2M | N/A |
| Meineke Car Care | 3 | $961K | N/A |
| Mountain Mike's Pizza | 3 | $491K | N/A |
| Denny's Restaurant | 3 | $2.2M | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1992 | 4 |
| FY1993 | 5 |
| FY1994 | 14 |
| FY1995 | 29 |
| FY1996 | 45 |
| FY1997 | 51 |
| FY1998 | 50 |
| FY1999 | 33 |
| FY2000 | 14 |
| FY2001 | 3 |
| FY2002 | 2 |
SBA 7(a) · charge-off rate by approval year
Loans from Old Closed Lenders: below all franchise loans in each of the 7 rated years
Hollow rings on the axis: years with fewer than 10 resolved loans, not rated (too few to judge). Their numbers are in the table.
Show the numbers by year
| Year | Resolved | Charged off | Rate |
|---|---|---|---|
| 1992 | 4 | 0 | Too few |
| 1993 | 5 | 0 | Too few |
| 1994 | 14 | 0 | 0.0% |
| 1995 | 29 | 2 | 6.9% |
| 1996 | 45 | 2 | 4.4% |
| 1997 | 51 | 7 | 13.7% |
| 1998 | 50 | 4 | 8.0% |
| 1999 | 33 | 6 | 18.2% |
| 2000 | 14 | 2 | 14.3% |
| 2001 | 3 | 0 | Too few |
Dashed line: all franchise 7(a) loans approved the same year.
Source and method
SBA 7(a) FOIA loan records. Rate: charged-off loans over resolved loans (paid in full plus charged off) for loans approved that year; it moves as loans are resolved.
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 Loans from Old Closed Lenders originated?
- 250 loans totaling $128.0M. The portfolio carries a 9.2% charge-off rate, earning a “Good” risk rating.
- What is the charge-off rate and why does it matter?
- Charge-off rate = charge-offs / (charge-offs + paid-in-full). Across SBA 7(a) franchise lending, the national charge-off rate is 16.0% over 94,550 resolved loans.Portfolios materially above that signal either riskier franchise selection or weaker underwriting. Loans from Old Closed Lenders's rate of 9.2% is below the national rate.
- 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 Loans from Old Closed Lenders fund the most?
- The “Top franchise exposures” table above lists the brands Loans from Old Closed Lenders has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.