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SBA 7(a) franchise lending portfolio
Monet Bank
GOOD risk
- Total loans
- 11
- Loan volume
- $6.1M
- Avg loan size
- $554K
- Default rate
- 9.1%
- vs 15.4% national avg
Defaults
1
Avg interest
—
Franchises funded
11
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Kids R Kids | 1 | $1.0M | 0.0% |
| Citgo Service Station | 1 | $800K | 0.0% |
| Super 8 Motel | 1 | $1.1M | 0.0% |
| Precision Chem Dry | 1 | $20K | 0.0% |
| Miami Subs (formerly Mr Submar | 1 | $542K | 0.0% |
| Ramada Inn | 1 | $1.3M | 0.0% |
| Dairy Queen | 1 | $213K | 0.0% |
| R.j. Gator's Restaurant | 1 | $581K | 0.0% |
| Merle Norman Cosmetics | 1 | $65K | 0.0% |
| Blimpie | 1 | $484K | 100.0% |
| Cold Stone Creamery, Inc. | 1 | $25K | 0.0% |
Lending volume by year
3'99
2'00
1'01
1'05
4'06
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%).