![Minnwest Bank logo](https://cdn.brandfetch.io/minnwestbank.com/w/128/h/128/fallback/lettermark?c=<img src="https://cdn.brandfetch.io/domain/apple.com?c=1idsvcTjLv919Ax0E2s" alt="Logo by Brandfetch" />){kind=small}
SBA 7(a) franchise lending portfolio
Minnwest Bank
GOOD risk
- Total loans
- 62
- Loan volume
- $21.7M
- Avg loan size
- $349K
- Default rate
- 6.8%
- vs 15.4% national avg
Defaults
3
Avg interest
6.65%
Franchises funded
39
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Anytime Fitness | 6 | $2.3M | 0.0% |
| Honest-1 Auto Care | 4 | $1.5M | 0.0% |
| Nautical Bowls | 4 | $965K | 0.0% |
| Two Men and a Truck | 4 | $2.6M | 0.0% |
| Dairy Queen | 3 | $618K | 0.0% |
| Anytime Fitness | 3 | $782K | 0.0% |
| Radio Shack | 2 | $144K | 0.0% |
| Certa Propainters | 2 | $198K | 100.0% |
| Fastsigns | 2 | $995K | 0.0% |
| F45 Training | 2 | $624K | 0.0% |
| Discover Strength | 2 | $912K | 0.0% |
| Hardware Hank | 1 | $47K | 0.0% |
| Coast-To-Coast Store | 1 | $77K | 0.0% |
| Abc Seamless | 1 | $47K | 0.0% |
| Culligan Soft Water Service | 1 | $32K | 0.0% |
| Little Ceasar's Pizza | 1 | $290K | 0.0% |
| Phillips 66 | 1 | $50K | 0.0% |
| Servicemaster | 1 | $56K | 0.0% |
| Cold Stone Creamery, Inc. | 1 | $250K | 0.0% |
| AmericInn by Wyndham | 1 | $174K | — |
Lending volume by year
1'94
1
1
3
1
1'02
1
1
2
3
3'11
1
1
3
1
3'17
3
6
5
8
4'22
2
7'25
Minnwest Bank default rate by loan vintage
BrandNational avg
Geographic exposure
Portfolio summary
Total funded$21.7M
Defaults3 of 62
Risk tierGOOD
Avg rate6.65%
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%).