MC
SBA 7(a) franchise lending portfolio
Members Choice CU
EXCELLENT risk
- Total loans
- 27
- Loan volume
- $58.2M
- Avg loan size
- $2.2M
- Charge-off rate
- 0.0%
- vs 15.4% national avg
Defaults
0
Avg interest
5.70%
Franchises funded
20
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Kids 'r' Kids | 7 | $31.5M | 0.0% (low risk) |
| Jersey Mike's | 2 | $746K | 0.0% (low risk) |
| Holiday Inn | 1 | $5.0M | 0.0% (low risk) |
| Plan Ahead Events | 1 | $40K | 0.0% (low risk) |
| Best Western Inn | 1 | $1.7M | 0.0% (low risk) |
| The UPS Store | 1 | $375K | 0.0% (low risk) |
| State Farm Insurance | 1 | $120K | 0.0% (low risk) |
| Carstar Automotive | 1 | $2.1M | 0.0% (low risk) |
| Goosehead Insurance | 1 | $80K | 0.0% (low risk) |
| Microtel | 1 | $4.8M | 0.0% (low risk) |
| Alphagraphics | 1 | $790K | N/A |
| Jersey Mike's (deli Restaurant | 1 | $285K | 0.0% (low risk) |
| Staybridge Suites | 1 | $5.0M | 0.0% (low risk) |
| Firstlight Homecare | 1 | $125K | 0.0% (low risk) |
| Childrens Lighthouse | 1 | $1.6M | 0.0% (low risk) |
| Preppy Pets | 1 | $190K | 0.0% (low risk) |
| Furniture Medic | 1 | $75K | 0.0% (low risk) |
| TemperaturePro | 1 | $280K | 0.0% (low risk) |
| Maidpro | 1 | $230K | 0.0% (low risk) |
| Baymont Inn & Suites | 1 | $3.2M | 0.0% (low risk) |
Lending volume by year
1'10
3'11
2'12
1'13
6'14
6'15
4'16
4'17
Members Choice CU charge-off rate by loan vintage
BrandNational avg
Geographic exposure
270.0% (low risk)
Portfolio summary
Total funded$58.2M
Defaults0 of 27
Risk tierEXCELLENT
Avg rate5.70%
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 Members Choice CU originated?
- 27 loans totaling $58.2M. The portfolio carries a 0.0% charge-off rate, earning a “EXCELLENT” 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 Members Choice CU fund the most?
- The “Top franchise exposures” table above lists the brands Members Choice CU has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.