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SBA 7(a) franchise lending portfolio
MI Bank
UNKNOWN risk
- Total loans
- 11
- Loan volume
- $7.6M
- Avg loan size
- $690K
- Default rate
- —
- vs 15.4% national avg
Defaults
0
Avg interest
7.75%
Franchises funded
8
Risk rating
UNKNOWN
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Real Property Management | 3 | $1.6M | — |
| dynfly | 2 | $932K | — |
| Orange Theory Fitness | 1 | $700K | — |
| Auntie Anne's | 1 | $344K | — |
| Scooter's Coffee | 1 | $1.3M | — |
| Goldfish Swim School | 1 | $2.2M | — |
| Title Boxing Club | 1 | $260K | — |
| Beyond Juicery + Eatery | 1 | $287K | — |
Lending volume by year
2'20
1'21
1'22
3'23
1'24
3'25
Geographic exposure
10—
Portfolio summary
Total funded$7.6M
Defaults0 of 11
Risk tierUNKNOWN
Avg rate7.75%
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%).