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SBA 7(a) franchise lending portfolio
Meridian Bank, National Association
AVERAGE risk
- Total loans
- 27
- Loan volume
- $6.7M
- Avg loan size
- $247K
- Default rate
- 11.1%
- vs 15.4% national avg
Defaults
3
Avg interest
6.00%
Franchises funded
21
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Meineke Car Care | 3 | $595K | 0.0% |
| Koa Kampgrounds(kampgrounds Of | 2 | $1.1M | 0.0% |
| Century 21 | 2 | $141K | 0.0% |
| Schlotzsky's Sandwich Shop | 2 | $222K | 0.0% |
| Servpro | 2 | $122K | 0.0% |
| Dairy Queen | 1 | $50K | 0.0% |
| Famous Sams | 1 | $151K | 100.0% |
| Fitness For Life Franchise Cor | 1 | $70K | 0.0% |
| Mobil Oil (stations) | 1 | $880K | 0.0% |
| Comfort Inn | 1 | $1.4M | 0.0% |
| Alta Mere Window Tinting & Aut | 1 | $67K | 100.0% |
| Hobbytown Usa | 1 | $55K | 0.0% |
| Deck The Walls | 1 | $120K | 0.0% |
| MAACO Auto Painting Center | 1 | $440K | 0.0% |
| Blimpie | 1 | $50K | 0.0% |
| Fantastic Sam's | 1 | $95K | 0.0% |
| Big O Tires | 1 | $146K | 0.0% |
| Holiday Inn Express | 1 | $700K | 100.0% |
| Arizona Dryject | 1 | $60K | 0.0% |
| Keller Williams Realty | 1 | $160K | 0.0% |
Lending volume by year
2'93
6'94
6'95
4'96
4'97
2'98
1'00
1'04
1'12
Meridian Bank, National Association default rate by loan vintage
BrandNational avg
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%).