MB
SBA 7(a) franchise lending portfolio
MI Bank
UNKNOWN risk
- Total loans
- 11
- Loan volume
- $7.6M
- Avg loan size
- $690K
- Charge-off rate
- N/A
- 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 | N/A |
| dynfly | 2 | $932K | N/A |
| Orange Theory Fitness | 1 | $700K | N/A |
| Auntie Anne's | 1 | $344K | N/A |
| Scooter's Coffee | 1 | $1.3M | N/A |
| Goldfish Swim School | 1 | $2.2M | N/A |
| Title Boxing Club | 1 | $260K | N/A |
| Beyond Juicery + Eatery | 1 | $287K | N/A |
Lending volume by year
2'20
1'21
1'22
3'23
1'24
3'25
Geographic exposure
10N/A
1N/A
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
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 MI Bank originated?
- 11 loans totaling $7.6M.
- 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 MI Bank fund the most?
- The “Top franchise exposures” table above lists the brands MI Bank has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.