MB
SBA 7(a) franchise lending portfolio
Montecito Bank & Trust
EXCELLENT risk
- Total loans
- 10
- Loan volume
- $1.7M
- Avg loan size
- $173K
- Charge-off rate
- 0.0%
- vs 15.4% national avg
Defaults
0
Avg interest
8.00%
Franchises funded
9
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Subway Sandwich Shop | 2 | $200K | 0.0% (low risk) |
| Im-Xpi Pilates Stuido | 1 | $85K | 0.0% (low risk) |
| Sub Shop | 1 | $132K | 0.0% (low risk) |
| Wheel Fun Rentals | 1 | $223K | 0.0% (low risk) |
| Unishippers | 1 | $471K | 0.0% (low risk) |
| Baskin-Robbins 31 Ice Cream | 1 | $149K | 0.0% (low risk) |
| Maids International | 1 | $131K | 0.0% (low risk) |
| Big O Tires | 1 | $65K | 0.0% (low risk) |
| StarCycle | 1 | $275K | N/A |
Lending volume by year
1'95
2'00
1'01
3'02
1'05
1'07
1'25
Geographic exposure
100.0% (low risk)
Portfolio summary
Total funded$1.7M
Defaults0 of 10
Risk tierEXCELLENT
Avg rate8.00%
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 Montecito Bank & Trust originated?
- 10 loans totaling $1.7M. The portfolio carries a 0.0% charge-off rate, earning a “EXCELLENT” 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 Montecito Bank & Trust fund the most?
- The “Top franchise exposures” table above lists the brands Montecito Bank & Trust has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.