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SBA 7(a) franchise lending portfolio
Main Street Launch
ELEVATED risk
- Total loans
- 16
- Loan volume
- $2.8M
- Avg loan size
- $176K
- Default rate
- 18.2%
- vs 15.4% national avg
Defaults
2
Avg interest
8.72%
Franchises funded
16
Risk rating
ELEVATED
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Metal Supermarkets | 1 | $150K | 0.0% |
| College Nannies, Sitters and T | 1 | $125K | 0.0% |
| Carepatrol | 1 | $50K | 0.0% |
| Big O Tires | 1 | $223K | 0.0% |
| WaterStation | 1 | $112K | 100.0% |
| Rooter-Man | 1 | $100K | 0.0% |
| Homewatch Caregivers | 1 | $150K | 0.0% |
| Wine & design | 1 | $150K | 100.0% |
| College Nannies & Tutors | 1 | $100K | 0.0% |
| Rooter Man | 1 | $150K | 0.0% |
| Edible Arrangements | 1 | $100K | — |
| Liberty Tax Service | 1 | $104K | 0.0% |
| World of Sourdough | 1 | $346K | — |
| Teriyaki Madness | 1 | $250K | — |
| Hammer & Nails | 1 | $350K | — |
| The UPS Store (f/k/a Mail Box | 1 | $350K | — |
Lending volume by year
1'12
1'14
2'15
2'16
1'17
3'18
2'19
1'23
3'24
Geographic exposure
1618.2%
Portfolio summary
Total funded$2.8M
Defaults2 of 16
Risk tierELEVATED
Avg rate8.72%
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%).