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SBA 7(a) franchise lending portfolio
Newtek Bank, National Association
EXCELLENT risk
- Total loans
- 128
- Loan volume
- $49.4M
- Avg loan size
- $386K
- Default rate
- 0.0%
- vs 15.4% national avg
Defaults
0
Avg interest
10.81%
Franchises funded
107
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| The UPS Store (f/k/a Mail Box | 4 | $625K | — |
| Pirtek | 3 | $1.3M | — |
| Huntington Learning Center | 3 | $300K | — |
| Restoration 1 | 2 | $600K | — |
| Dickey's Barbecue Pit | 2 | $625K | — |
| Subway | 2 | $350K | — |
| Kanga's Indoor Playcenters | 2 | $925K | — |
| Mobility City | 2 | $700K | — |
| Ford Motor Company Dealer Sale | 2 | $5.0M | — |
| Matco Tools | 2 | $380K | — |
| Ace Hardware | 2 | $620K | — |
| Filta Environmental Kitchen So | 2 | $464K | 0.0% |
| Hotworx | 2 | $794K | — |
| Fitness for 10 - License Agree | 2 | $753K | — |
| AAMCO Transmissions | 2 | $909K | — |
| The Exercise Coach | 2 | $302K | — |
| F45 Training | 2 | $175K | — |
| Mathnasium Learning Centers | 1 | $80K | — |
| Cookies by Design | 1 | $150K | — |
| House Doctors | 1 | $150K | — |
Lending volume by year
38'23
8'24
46'25
36'26
Geographic exposure
19—
170.0%
11—
7—
7—
7—
4—
40.0%
4—
Portfolio summary
Total funded$49.4M
Defaults0 of 128
Risk tierEXCELLENT
Avg rate10.81%
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%).