MB
SBA 7(a) franchise lending portfolio
Midwest BankCentre
CRITICAL risk
- Total loans
- 28
- Loan volume
- $19.4M
- Avg loan size
- $695K
- Charge-off 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% (very high risk) |
| Ace Pickleball Club | 2 | $2.8M | N/A |
| Mr. Goodcents Sub' And Pasta | 1 | $120K | 100.0% (very high risk) |
| Subs & Pastas | 1 | $20K | 0.0% (low risk) |
| Roosters | 1 | $50K | 100.0% (very high risk) |
| Mark Pi's Express | 1 | $425K | 0.0% (low risk) |
| Smoothie King | 1 | $230K | 0.0% (low risk) |
| Massage Luxe | 1 | $100K | 0.0% (low risk) |
| Allegra | 1 | $250K | 0.0% (low risk) |
| Society Wine Bar | 1 | $355K | N/A |
| Kitchen Guard Services | 1 | $529K | N/A |
| Glo Tanning | 1 | $395K | N/A |
| Tint World | 1 | $546K | N/A |
| Sankalp: The Taste of India - | 1 | $678K | N/A |
| Jimmy John's | 1 | $570K | N/A |
| Estrella Insurance | 1 | $562K | N/A |
| Massage LuXe | 1 | $814K | N/A |
| Schlotzsky's | 1 | $3.2M | N/A |
| Play It Again Sports | 1 | $1.9M | N/A |
| Generator Supercenter | 1 | $1.2M | N/A |
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% (very high risk)
3N/A
20.0% (low risk)
2N/A
1N/A
1N/A
1N/A
1N/A
1N/A
1N/A
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
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 Midwest BankCentre originated?
- 28 loans totaling $19.4M. The portfolio carries a 27.3% charge-off rate, earning a “CRITICAL” 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 Midwest BankCentre fund the most?
- The “Top franchise exposures” table above lists the brands Midwest BankCentre has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.