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SBA 7(a) franchise lending portfolio
Magnifi Financial CU
CRITICAL risk
- Total loans
- 135
- Loan volume
- $38.0M
- Avg loan size
- $282K
- Default rate
- 20.0%
- vs 15.4% national avg
Defaults
1
Avg interest
10.29%
Franchises funded
99
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Bricks & Minifigs | 5 | $1.2M | — |
| Bar-B-Clean | 5 | $654K | — |
| The UPS Store (f/k/a Mail Box | 5 | $1.3M | — |
| RealClean Aircraft Detailing | 4 | $1.3M | — |
| Hotworx | 4 | $1.8M | — |
| Mosquito Squad | 3 | $573K | — |
| goGlow | 3 | $1.4M | — |
| Groovy Hues Peace Love Paint P | 2 | $290K | — |
| One Hour Air Conditioning & He | 2 | $430K | 100.0% |
| Fit Body Boot Camp | 2 | $408K | — |
| Koala Insulation | 2 | $943K | — |
| Cabinet IQ | 2 | $590K | — |
| Voda Cleaning & Restoration | 2 | $556K | — |
| Firehouse Subs | 2 | $673K | 0.0% |
| Seniors Helping Seniors | 2 | $310K | — |
| The Back Nine | 2 | $795K | — |
| Rita's Ice-Custard-Happiness | 2 | $566K | — |
| Home Helpers Home Care | 2 | $222K | — |
| Puddle Pool Services | 2 | $241K | — |
| The Fresh Monkee | 2 | $396K | — |
Lending volume by year
1'08
1'18
1'21
8'23
19'24
80'25
25'26
Geographic exposure
29100.0%
140.0%
80.0%
7—
5—
4—
4—
Portfolio summary
Total funded$38.0M
Defaults1 of 135
Risk tierCRITICAL
Avg rate10.29%
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%).