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SBA 7(a) franchise lending portfolio
Morton Community Bank
CRITICAL risk
- Total loans
- 45
- Loan volume
- $11.8M
- Avg loan size
- $263K
- Default rate
- 20.5%
- vs 15.4% national avg
Defaults
8
Avg interest
5.76%
Franchises funded
37
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Jimmy John's | 3 | $488K | 0.0% |
| Anytime Fitness | 3 | $230K | 0.0% |
| Molly Maid | 2 | $165K | 0.0% |
| Snap-On | 2 | $279K | 0.0% |
| Dunkin Donuts/Baskin-Robbins C | 2 | $200K | 0.0% |
| Apricot Lane | 2 | $200K | — |
| Bresler's Ice Cream & Yogurt S | 1 | $70K | 0.0% |
| Great Steak And Fry Company | 1 | $125K | 100.0% |
| Matco Tools (rent Tools) | 1 | $38K | 0.0% |
| Citgo Service Station | 1 | $97K | 100.0% |
| Great Earth Vitamin Store | 1 | $150K | 100.0% |
| Best Western Inn | 1 | $795K | 100.0% |
| Steamatic, Inc. | 1 | $80K | 100.0% |
| Happy Joe's Pizza & Ice Cream | 1 | $144K | 0.0% |
| Mail Boxes Etc. Usa | 1 | $150K | 0.0% |
| Gloria Jean's Coffee Bean | 1 | $245K | 0.0% |
| Quiznos | 1 | $128K | 100.0% |
| Fish Window Cleaning | 1 | $38K | 0.0% |
| Snap Fitness | 1 | $350K | 0.0% |
| International House Of Pancake | 1 | $106K | 0.0% |
Lending volume by year
1'95
1
3
4
2
1'01
2
1
3
2
2'07
1
1
4
2
1'13
4
2
2
1
3'21
1
1'25
Morton Community Bank default rate by loan vintage
BrandNational avg
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%).