![Mission Bank logo](https://cdn.brandfetch.io/missionbank.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
Mission Bank
AVERAGE risk
- Total loans
- 21
- Loan volume
- $20.2M
- Avg loan size
- $961K
- Default rate
- 10.0%
- vs 15.4% national avg
Defaults
1
Avg interest
8.88%
Franchises funded
16
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Blimpie | 3 | $379K | 33.3% |
| F45 Training | 2 | $750K | — |
| Jimmy John's | 2 | $970K | — |
| KidStrong | 2 | $1.6M | — |
| Domino's Pizza | 1 | $349K | 0.0% |
| Cold Stone Creamery, Inc. | 1 | $229K | 0.0% |
| Papa Murphy's | 1 | $396K | 0.0% |
| Little Caesars | 1 | $3.8M | 0.0% |
| Fast Undercar | 1 | $2.7M | 0.0% |
| Circle K Convenience Store & M | 1 | $5.0M | — |
| Roll Em Up Taquitos | 1 | $743K | — |
| CycleBar | 1 | $200K | — |
| Wendy's | 1 | $1.1M | — |
| Jersey Mike's | 1 | $350K | 0.0% |
| Rumble | 1 | $350K | — |
| Stuart's Petroleum (Mobil) Con | 1 | $1.2M | 0.0% |
Lending volume by year
1'97
2'02
2'03
1'17
2'19
1'20
1'21
1'22
3'23
2'24
4'25
1'26
Geographic exposure
2110.0%
Portfolio summary
Total funded$20.2M
Defaults1 of 21
Risk tierAVERAGE
Avg rate8.88%
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%).