MS
SBA 7(a) franchise lending portfolio
Main Street Launch
ELEVATED risk
- Total loans
- 16
- Loan volume
- $2.8M
- Avg loan size
- $176K
- Charge-off 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% (low risk) |
| College Nannies, Sitters and T | 1 | $125K | 0.0% (low risk) |
| Carepatrol | 1 | $50K | 0.0% (low risk) |
| Big O Tires | 1 | $223K | 0.0% (low risk) |
| WaterStation | 1 | $112K | 100.0% (very high risk) |
| Rooter-Man | 1 | $100K | 0.0% (low risk) |
| Homewatch Caregivers | 1 | $150K | 0.0% (low risk) |
| Wine & design | 1 | $150K | 100.0% (very high risk) |
| College Nannies & Tutors | 1 | $100K | 0.0% (low risk) |
| Rooter Man | 1 | $150K | 0.0% (low risk) |
| Edible Arrangements | 1 | $100K | N/A |
| Liberty Tax Service | 1 | $104K | 0.0% (low risk) |
| World of Sourdough | 1 | $346K | N/A |
| Teriyaki Madness | 1 | $250K | N/A |
| Hammer & Nails | 1 | $350K | N/A |
| The UPS Store (f/k/a Mail Box | 1 | $350K | N/A |
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% (high risk)
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
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 Main Street Launch originated?
- 16 loans totaling $2.8M. The portfolio carries a 18.2% charge-off rate, earning a “ELEVATED” risk rating.
- What is the charge-off rate and why does it matter?
- Charge-off rate = charge-offs / (charge-offs + paid-in-full). For SBA 7(a) franchise lending, the national average runs 5–8%. Portfolios materially above that signal either riskier franchise selection or weaker underwriting.
- 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 Main Street Launch fund the most?
- The “Top franchise exposures” table above lists the brands Main Street Launch has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.