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SBA 7(a) franchise lending portfolio
National Consumer Cooperative Bank
CRITICAL risk
- Total loans
- 19
- Loan volume
- $8.1M
- Avg loan size
- $426K
- Default rate
- 42.1%
- vs 15.4% national avg
Defaults
8
Avg interest
6.00%
Franchises funded
10
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Ace Hardware | 6 | $3.2M | 33.3% |
| Atlanta Bread Company | 3 | $1.9M | 66.7% |
| Dunkin Donuts | 2 | $425K | 50.0% |
| Do It Best Hardware | 2 | $750K | 100.0% |
| Honey Dew Donuts | 1 | $285K | 0.0% |
| True Value Hardware | 1 | $200K | 0.0% |
| Lawn Doctor | 1 | $125K | 0.0% |
| Moe's Sw Grill | 1 | $325K | 0.0% |
| Premier Rental Purchase | 1 | $440K | 100.0% |
| Subway Sandwich Shop | 1 | $425K | 0.0% |
Lending volume by year
1'02
5'04
6'05
4'06
2'08
1'09
National Consumer Cooperative Bank default rate by loan vintage
BrandNational avg
Geographic exposure
366.7%
3100.0%
250.0%
20.0%
10.0%
10.0%
10.0%
10.0%
1100.0%
10.0%
Portfolio summary
Total funded$8.1M
Defaults8 of 19
Risk tierCRITICAL
Avg rate6.00%
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%).