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SBA 7(a) franchise lending portfolio
Midwest Regional Bank
CRITICAL risk
- Total loans
- 241
- Loan volume
- $111.7M
- Avg loan size
- $463K
- Default rate
- 26.1%
- vs 15.4% national avg
Defaults
34
Avg interest
7.40%
Franchises funded
174
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Hotworx | 9 | $3.6M | 0.0% |
| Crumbl | 6 | $2.3M | 0.0% |
| Smoothie King | 5 | $1.7M | 0.0% |
| Dairy Queen | 5 | $3.8M | 40.0% |
| Code Ninjas | 4 | $912K | 75.0% |
| Jersey Mike's | 4 | $1.4M | 0.0% |
| Dairy Queen Frozen Treat Cente | 4 | $2.6M | 25.0% |
| Premier Martial Arts Studio | 4 | $1.0M | 0.0% |
| Nekter Juice Bar | 3 | $1.0M | 33.3% |
| Wow Wow Hawaiian Lemonade | 3 | $764K | 33.3% |
| Reis & Irvy's | 3 | $689K | 0.0% |
| Stretch Lab | 3 | $841K | 0.0% |
| Play Street Museum | 3 | $758K | 0.0% |
| F45 Training | 3 | $636K | 0.0% |
| The Toasted Yolk Cafe | 3 | $2.4M | — |
| The UPS Store (f/k/a Mail Box | 3 | $1.5M | — |
| LemonShark Poke | 2 | $841K | — |
| Rush Cycle | 2 | $828K | 100.0% |
| Supercuts | 2 | $300K | 0.0% |
| Quality Inn/Quality Suites, Ho | 2 | $3.5M | 0.0% |
Lending volume by year
2'10
7'11
6'12
1'13
6'14
5'15
11'16
5'17
38'18
50'19
40'20
32'21
6'22
10'23
11'24
4'25
7'26
Midwest Regional Bank 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%).