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SBA 7(a) franchise lending portfolio
Neighborhood National Bank
AVERAGE risk
- Total loans
- 26
- Loan volume
- $9.3M
- Avg loan size
- $360K
- Default rate
- 12.5%
- vs 15.4% national avg
Defaults
2
Avg interest
8.11%
Franchises funded
15
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Minuteman Press | 5 | $3.4M | — |
| Baskin-Robbins | 3 | $1.4M | 50.0% |
| Blimpie | 2 | $445K | 0.0% |
| Submarina Sandwiches | 2 | $439K | 0.0% |
| Chevron (gas Station) | 2 | $1.1M | 0.0% |
| Aire Serv | 2 | $184K | 0.0% |
| Chevron - Retail Supply Contra | 2 | $483K | — |
| Planet Smoothie | 1 | $166K | 0.0% |
| Foster Freeze | 1 | $574K | 0.0% |
| Texaco Service Station | 1 | $252K | 0.0% |
| Steak Escape | 1 | $122K | 0.0% |
| Big O Tires | 1 | $155K | 0.0% |
| Isold It On Ebay | 1 | $95K | 0.0% |
| Duck Donuts | 1 | $417K | 100.0% |
| Screenmobile | 1 | $190K | — |
Lending volume by year
1'96
1'97
3'00
1'01
2'02
2'03
1'04
1'05
1'14
1'15
2'18
1'20
2'22
3'23
1'24
3'25
Geographic exposure
2215.4%
40.0%
Portfolio summary
Total funded$9.3M
Defaults2 of 26
Risk tierAVERAGE
Avg rate8.11%
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%).