MB
SBA 7(a) franchise lending portfolio
Minnwest Bank
Risk rating: Good
- Total loans
- 62
- Loan volume
- $21.7M
- Avg loan size
- $349K
- Charge-off rate
- 6.8%
- vs 16.0% national
Charged off
3
Avg interest
6.65%
Franchises funded
39
Risk rating
Good
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Anytime Fitness | 9 | $3.1M | N/A |
| Honest-1 Auto Care | 4 | $1.5M | N/A |
| Nautical Bowls | 4 | $965K | N/A |
| Two Men and a Truck | 4 | $2.6M | N/A |
| Dairy Queen | 3 | $618K | N/A |
| Radio Shack | 2 | $144K | N/A |
| Certa Propainters | 2 | $198K | N/A |
| Fastsigns | 2 | $995K | N/A |
| F45 Training | 2 | $624K | N/A |
| Discover Strength | 2 | $912K | N/A |
| Hardware Hank | 1 | $47K | N/A |
| Coast-To-Coast Store | 1 | $77K | N/A |
| Abc Seamless | 1 | $47K | N/A |
| Culligan Soft Water Service | 1 | $32K | N/A |
| Little Ceasar's Pizza | 1 | $290K | N/A |
| Phillips 66 | 1 | $50K | N/A |
| Servicemaster | 1 | $56K | N/A |
| Cold Stone Creamery, Inc. | 1 | $250K | N/A |
| AmericInn by Wyndham | 1 | $174K | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1994 | 1 |
| FY1996 | 1 |
| FY1998 | 1 |
| FY1999 | 3 |
| FY2001 | 1 |
| FY2002 | 1 |
| FY2003 | 1 |
| FY2005 | 1 |
| FY2008 | 2 |
| FY2009 | 3 |
| FY2011 | 3 |
| FY2012 | 1 |
| FY2014 | 1 |
| FY2015 | 3 |
| FY2016 | 1 |
| FY2017 | 3 |
| FY2018 | 3 |
| FY2019 | 6 |
| FY2020 | 5 |
| FY2021 | 8 |
| FY2022 | 4 |
| FY2023 | 2 |
| FY2025 | 7 |
SBA 7(a) · charge-off rate by approval year
Minnwest Bank charge-off rate by loan vintage
None of these 6 approval years has 10 or more resolved loans, too few to draw a trend. Each year’s numbers are in the table below.
Show the numbers by year
| Year | Resolved | Charged off | Rate |
|---|---|---|---|
| 1999 | 3 | 0 | Too few |
| 2009 | 3 | 0 | Too few |
| 2017 | 3 | 0 | Too few |
| 2019 | 6 | 0 | Too few |
| 2020 | 3 | 0 | Too early |
| 2021 | 6 | 0 | Too early |
Source and method
SBA 7(a) FOIA loan records. Rate: charged-off loans over resolved loans (paid in full plus charged off) for loans approved that year; it moves as loans are resolved.
Geographic exposure
Portfolio summary
Total funded$21.7M
Charged off3 of 62
Risk tierGood
Avg rate6.65%
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 Minnwest Bank originated?
- 62 loans totaling $21.7M. The portfolio carries a 6.8% charge-off rate, earning a “Good” risk rating.
- What is the charge-off rate and why does it matter?
- Charge-off rate = charge-offs / (charge-offs + paid-in-full). Across SBA 7(a) franchise lending, the national charge-off rate is 16.0% over 94,550 resolved loans.Portfolios materially above that signal either riskier franchise selection or weaker underwriting. Minnwest Bank's rate of 6.8% is below the national rate.
- 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 Minnwest Bank fund the most?
- The “Top franchise exposures” table above lists the brands Minnwest 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.