MR
SBA 7(a) franchise lending portfolio
Midwest Regional Bank
CRITICAL risk
- Total loans
- 241
- Loan volume
- $111.7M
- Avg loan size
- $463K
- Charge-off 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% (low risk) |
| Crumbl | 6 | $2.3M | 0.0% (low risk) |
| Smoothie King | 5 | $1.7M | 0.0% (low risk) |
| Dairy Queen | 5 | $3.8M | 40.0% (very high risk) |
| Code Ninjas | 4 | $912K | 75.0% (very high risk) |
| Jersey Mike's | 4 | $1.4M | 0.0% (low risk) |
| Dairy Queen Frozen Treat Cente | 4 | $2.6M | 25.0% (very high risk) |
| Premier Martial Arts Studio | 4 | $1.0M | 0.0% (low risk) |
| Nekter Juice Bar | 3 | $1.0M | 33.3% (very high risk) |
| Wow Wow Hawaiian Lemonade | 3 | $764K | 33.3% (very high risk) |
| Reis & Irvy's | 3 | $689K | 0.0% (low risk) |
| Stretch Lab | 3 | $841K | 0.0% (low risk) |
| Play Street Museum | 3 | $758K | 0.0% (low risk) |
| F45 Training | 3 | $636K | 0.0% (low risk) |
| The Toasted Yolk Cafe | 3 | $2.4M | N/A |
| The UPS Store (f/k/a Mail Box | 3 | $1.5M | N/A |
| LemonShark Poke | 2 | $841K | N/A |
| Rush Cycle | 2 | $828K | 100.0% (very high risk) |
| Supercuts | 2 | $300K | 0.0% (low risk) |
| Quality Inn/Quality Suites, Ho | 2 | $3.5M | 0.0% (low risk) |
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 charge-off rate by loan vintage
BrandNational avg
Geographic exposure
Portfolio summary
Total funded$111.7M
Defaults34 of 241
Risk tierCRITICAL
Avg rate7.40%
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 Regional Bank originated?
- 241 loans totaling $111.7M. The portfolio carries a 26.1% 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 Regional Bank fund the most?
- The “Top franchise exposures” table above lists the brands Midwest Regional 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.