NC
SBA 7(a) franchise lending portfolio
National Cooperative Bank, National Association
CRITICAL risk
- Total loans
- 133
- Loan volume
- $72.6M
- Avg loan size
- $546K
- Charge-off rate
- 21.7%
- vs 15.4% national avg
Defaults
26
Avg interest
5.62%
Franchises funded
32
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Ace Hardware | 26 | $17.8M | 25.0% (very high risk) |
| Ace Hardware | 18 | $20.7M | 0.0% (low risk) |
| Qdoba Mexican Grill | 16 | $7.3M | 0.0% (low risk) |
| Dunkin Donuts | 9 | $4.4M | 22.2% (very high risk) |
| True Value Hardware | 9 | $5.6M | 0.0% (low risk) |
| Cottman Transmission | 8 | $1.2M | 50.0% (very high risk) |
| Baskin-Robbins 31 Ice Cream | 4 | $575K | 0.0% (low risk) |
| Subway Sandwich Shop | 4 | $532K | 0.0% (low risk) |
| Atlanta Bread Company | 4 | $2.1M | 100.0% (very high risk) |
| Papa Murphy's Take & Bake Pizz | 4 | $1.2M | 50.0% (very high risk) |
| Moe's Sw Grill | 3 | $1.2M | 33.3% (very high risk) |
| Quiznos | 3 | $405K | 0.0% (low risk) |
| Hamburger Mary's Organic Grill | 2 | $1.2M | 0.0% (low risk) |
| Steak Escape | 2 | $425K | 100.0% (very high risk) |
| Frozen Ropes Northshore | 2 | $560K | 100.0% (very high risk) |
| Medicap Pharmacy | 2 | $263K | 0.0% (low risk) |
| Howard Johnson | 2 | $2.4M | 50.0% (very high risk) |
| Nice N Easy Grocery Shoppes | 1 | $800K | 0.0% (low risk) |
| Foot Solutions | 1 | $105K | 0.0% (low risk) |
| Fleet Feet | 1 | $675K | 0.0% (low risk) |
Lending volume by year
9'01
21'02
14'03
2'04
9'06
11'07
18'08
4'09
11'10
4'11
3'12
3'13
1'14
3'15
2'16
4'19
5'20
6'21
1'22
2'23
National Cooperative Bank, National Association charge-off rate by loan vintage
BrandNational avg
Geographic exposure
1433.3% (very high risk)
1225.0% (very high risk)
100.0% (low risk)
955.6% (very high risk)
944.4% (very high risk)
925.0% (very high risk)
70.0% (low risk)
714.3% (elevated risk)
60.0% (low risk)
60.0% (low risk)
Portfolio summary
Total funded$72.6M
Defaults26 of 133
Risk tierCRITICAL
Avg rate5.62%
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 National Cooperative Bank, National Association originated?
- 133 loans totaling $72.6M. The portfolio carries a 21.7% charge-off rate, earning a “CRITICAL” 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 National Cooperative Bank, National Association fund the most?
- The “Top franchise exposures” table above lists the brands National Cooperative Bank, National Association has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.