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FranchiseVerdict

SBA 7(a) franchise lending portfolio

Minnwest Bank

GOOD risk
Total loans
62
Loan volume
$21.7M
Avg loan size
$349K
Charge-off rate
6.8%
vs 15.4% national avg

Defaults

3

Avg interest

6.65%

Franchises funded

39

Risk rating

GOOD

Top franchise exposures

FranchiseLoansVolumeDefault %
Anytime Fitness6$2.3M0.0% (low risk)
Honest-1 Auto Care4$1.5M0.0% (low risk)
Nautical Bowls4$965K0.0% (low risk)
Two Men and a Truck4$2.6M0.0% (low risk)
Dairy Queen3$618K0.0% (low risk)
Anytime Fitness3$782K0.0% (low risk)
Radio Shack2$144K0.0% (low risk)
Certa Propainters2$198K100.0% (very high risk)
Fastsigns2$995K0.0% (low risk)
F45 Training2$624K0.0% (low risk)
Discover Strength2$912K0.0% (low risk)
Hardware Hank1$47K0.0% (low risk)
Coast-To-Coast Store1$77K0.0% (low risk)
Abc Seamless1$47K0.0% (low risk)
Culligan Soft Water Service1$32K0.0% (low risk)
Little Ceasar's Pizza1$290K0.0% (low risk)
Phillips 661$50K0.0% (low risk)
Servicemaster1$56K0.0% (low risk)
Cold Stone Creamery, Inc.1$250K0.0% (low risk)
AmericInn by Wyndham1$174KN/A

Minnwest Bank charge-off rate by loan vintage

BrandNational avg
Minnwest Bank charge-off rate by loan vintage. Showing 6 vintages from 1999 to 2021. Rates range from 0.0% to 0.0%.0%5%10%'99'09'17'19'20'21

Geographic exposure

565.1% (moderate risk)
520.0% (very high risk)
1N/A

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

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). 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 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.