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SBA 7(a) franchise lending portfolio
Nicolet National Bank
GOOD risk
- Total loans
- 94
- Loan volume
- $41.1M
- Avg loan size
- $437K
- Charge-off rate
- 8.5%
- vs 15.4% national avg
Defaults
5
Avg interest
5.72%
Franchises funded
63
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Ace Hardware | 6 | $2.3M | 0.0% (low risk) |
| Do it Best – Membership Agreem | 5 | $4.2M | N/A |
| Piggly Wiggly | 4 | $4.9M | 0.0% (low risk) |
| Jimmy John's | 3 | $1.1M | 0.0% (low risk) |
| Great Clips | 3 | $381K | 0.0% (low risk) |
| Carstar Automotive | 3 | $1.2M | 0.0% (low risk) |
| Firehouse Subs | 3 | $1.1M | 0.0% (low risk) |
| Face Foundrie | 3 | $743K | N/A |
| Tim Hortons | 2 | $619K | 0.0% (low risk) |
| Snap Fitness | 2 | $216K | 50.0% (very high risk) |
| Pet Supplies Plus System | 2 | $350K | 50.0% (very high risk) |
| Toppers Pizza | 2 | $480K | 0.0% (low risk) |
| Liberty Tax Service | 2 | $228K | 0.0% (low risk) |
| Big Apple Bagels | 2 | $232K | N/A |
| Roto-Rooter | 2 | $608K | N/A |
| Dairy Queen/Limited Brazier Op | 2 | $200K | 0.0% (low risk) |
| Napa AutoCare Program Membersh | 2 | $680K | N/A |
| Quiznos | 1 | $116K | 0.0% (low risk) |
| Gold's Gym | 1 | $150K | 0.0% (low risk) |
| Line-X | 1 | $100K | N/A |
Lending volume by year
1'01
1
1
3
1
2'10
6
5
2
6
8'15
3
4
5
2
5'20
17
9
4
2
5'25
2'26
Nicolet National Bank charge-off rate by loan vintage
BrandNational avg
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 Nicolet National Bank originated?
- 94 loans totaling $41.1M. The portfolio carries a 8.5% charge-off rate, earning a “GOOD” 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 Nicolet National Bank fund the most?
- The “Top franchise exposures” table above lists the brands Nicolet National Bank has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.