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SBA 7(a) franchise lending portfolio
Midwest BankCentre
CRITICAL risk
- Total loans
- 28
- Loan volume
- $19.4M
- Avg loan size
- $695K
- Default rate
- 27.3%
- vs 15.4% national avg
Defaults
3
Avg interest
9.27%
Franchises funded
26
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Bellacino's Pizza | 2 | $488K | 50.0% |
| Ace Pickleball Club | 2 | $2.8M | — |
| Mr. Goodcents Sub' And Pasta | 1 | $120K | 100.0% |
| Subs & Pastas | 1 | $20K | 0.0% |
| Roosters | 1 | $50K | 100.0% |
| Mark Pi's Express | 1 | $425K | 0.0% |
| Smoothie King | 1 | $230K | 0.0% |
| Massage Luxe | 1 | $100K | 0.0% |
| Allegra | 1 | $250K | 0.0% |
| Society Wine Bar | 1 | $355K | — |
| Kitchen Guard Services | 1 | $529K | — |
| Glo Tanning | 1 | $395K | — |
| Tint World | 1 | $546K | — |
| Sankalp: The Taste of India - | 1 | $678K | — |
| Jimmy John's | 1 | $570K | — |
| Estrella Insurance | 1 | $562K | — |
| Massage LuXe | 1 | $814K | — |
| Schlotzsky's | 1 | $3.2M | — |
| Play It Again Sports | 1 | $1.9M | — |
| Generator Supercenter | 1 | $1.2M | — |
Lending volume by year
3'00
2'04
1'05
1'11
1'14
4'22
6'23
3'24
6'25
1'26
Geographic exposure
1133.3%
3—
20.0%
2—
1—
1—
Portfolio summary
Total funded$19.4M
Defaults3 of 28
Risk tierCRITICAL
Avg rate9.27%
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%).