![Mega Bank logo](https://cdn.brandfetch.io/megabank.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
Mega Bank
EXCELLENT risk
- Total loans
- 12
- Loan volume
- $18.7M
- Avg loan size
- $1.6M
- Default rate
- 0.0%
- vs 15.4% national avg
Defaults
0
Avg interest
6.02%
Franchises funded
10
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Yogurtland | 2 | $555K | 0.0% |
| Arco (BP) Contract Dealer Gaso | 2 | $5.7M | 0.0% |
| Yogurtland | 1 | $300K | 0.0% |
| Super 8 by Wyndhan | 1 | $2.5M | 0.0% |
| AM/PM Mini-Mart Agreement - AR | 1 | $2.2M | — |
| Tesoro Refining & Marketing Co | 1 | $1.3M | — |
| Circle K Convenience Store & M | 1 | $2.5M | — |
| Valley Pacific Petroleum Servi | 1 | $2.3M | 0.0% |
| Wushiland Boba | 1 | $362K | — |
| Snap-On | 1 | $931K | — |
Lending volume by year
1'16
2'19
2'20
4'21
1'22
1'23
1'24
Geographic exposure
110.0%
10.0%
Portfolio summary
Total funded$18.7M
Defaults0 of 12
Risk tierEXCELLENT
Avg rate6.02%
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%).