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SBA 7(a) franchise lending portfolio
National Credit Union Administration
CRITICAL risk
- Total loans
- 13
- Loan volume
- $2.9M
- Avg loan size
- $227K
- Default rate
- 38.5%
- vs 15.4% national avg
Defaults
5
Avg interest
—
Franchises funded
11
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Red Brick Pizza | 2 | $450K | 50.0% |
| Quiznos | 2 | $365K | 0.0% |
| Camille's Sidewalk Cafe | 1 | $322K | 100.0% |
| Pressed4time | 1 | $50K | 0.0% |
| Robeks Juice | 1 | $260K | 100.0% |
| Pizza Factory | 1 | $200K | 100.0% |
| Merle Norman Cosmetics | 1 | $54K | 0.0% |
| Aim Mail Center | 1 | $148K | 0.0% |
| Midas Muffler Shop | 1 | $645K | 0.0% |
| Bruegger's | 1 | $352K | 100.0% |
| Servpro | 1 | $104K | 0.0% |
Lending volume by year
1'02
2'03
4'04
4'05
2'08
Geographic exposure
Portfolio summary
Total funded$2.9M
Defaults5 of 13
Risk tierCRITICAL
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%).