MC
SBA 7(a) franchise lending portfolio
Monterey County Bank
AVERAGE risk
- Total loans
- 24
- Loan volume
- $6.3M
- Avg loan size
- $263K
- Charge-off rate
- 13.6%
- vs 15.4% national avg
Defaults
3
Avg interest
6.67%
Franchises funded
20
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Cold Stone Creamery, Inc. | 5 | $1.6M | 0.0% (low risk) |
| Subway Sandwich Shop | 1 | $90K | 100.0% (very high risk) |
| Armaquest International | 1 | $75K | 0.0% (low risk) |
| Mail Boxes Etc. Usa | 1 | $75K | 0.0% (low risk) |
| Papa Murphy's Take & Bake Pizz | 1 | $110K | 0.0% (low risk) |
| Closet Factory (the) | 1 | $115K | 0.0% (low risk) |
| Dairy Queen | 1 | $100K | 0.0% (low risk) |
| Shapexpress | 1 | $250K | 100.0% (very high risk) |
| Sizzler Family Steakhouse | 1 | $290K | 0.0% (low risk) |
| Bad Ass Coffee Company (the) | 1 | $220K | 0.0% (low risk) |
| Sign-A-Rama | 1 | $138K | 100.0% (very high risk) |
| Erik's Delicafe | 1 | $270K | 0.0% (low risk) |
| Massage Envy | 1 | $885K | 0.0% (low risk) |
| Rapid Refill Ink | 1 | $150K | 0.0% (low risk) |
| Yogurtland | 1 | $380K | 0.0% (low risk) |
| Flip Flop Shops | 1 | $220K | 0.0% (low risk) |
| Round Table Pizza | 1 | $150K | 0.0% (low risk) |
| Edible Arrangements | 1 | $256K | 0.0% (low risk) |
| Stretch Lab | 1 | $260K | N/A |
| Capriotti's Sandwich Shop | 1 | $665K | N/A |
Lending volume by year
2'94
1'98
3'99
1'00
1'01
2'03
1'04
2'05
1'07
1'09
1'10
1'12
2'13
2'14
1'16
1'23
1'26
Geographic exposure
2313.6% (elevated risk)
1N/A
Portfolio summary
Total funded$6.3M
Defaults3 of 24
Risk tierAVERAGE
Avg rate6.67%
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 Monterey County Bank originated?
- 24 loans totaling $6.3M. The portfolio carries a 13.6% charge-off rate, earning a “AVERAGE” 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 Monterey County Bank fund the most?
- The “Top franchise exposures” table above lists the brands Monterey County 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.