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SBA 7(a) franchise lending portfolio
Nicolet National Bank
Risk rating: Good
- Total loans
- 94
- Loan volume
- $41.1M
- Avg loan size
- $437K
- Charge-off rate
- 8.5%
- vs 16.0% national
Charged off
5
Avg interest
5.72%
Franchises funded
63
Risk rating
Good
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Ace Hardware | 6 | $2.3M | N/A |
| Do it Best – Membership Agreem | 5 | $4.2M | N/A |
| Piggly Wiggly | 4 | $4.9M | N/A |
| Jimmy John's | 3 | $1.1M | N/A |
| Great Clips | 3 | $381K | N/A |
| Carstar Automotive | 3 | $1.2M | N/A |
| Firehouse Subs | 3 | $1.1M | N/A |
| Face Foundrie | 3 | $743K | N/A |
| Tim Hortons | 2 | $619K | N/A |
| Snap Fitness | 2 | $216K | N/A |
| Pet Supplies Plus System | 2 | $350K | N/A |
| Toppers Pizza | 2 | $480K | N/A |
| Liberty Tax Service | 2 | $228K | N/A |
| Big Apple Bagels | 2 | $232K | N/A |
| Roto-Rooter | 2 | $608K | N/A |
| Dairy Queen/Limited Brazier Op | 2 | $200K | N/A |
| Napa AutoCare Program Membersh | 2 | $680K | N/A |
| Quiznos | 1 | $116K | N/A |
| Gold's Gym | 1 | $150K | N/A |
| Line-X | 1 | $100K | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY2001 | 1 |
| FY2005 | 1 |
| FY2007 | 1 |
| FY2008 | 3 |
| FY2009 | 1 |
| FY2010 | 2 |
| FY2011 | 6 |
| FY2012 | 5 |
| FY2013 | 2 |
| FY2014 | 6 |
| FY2015 | 8 |
| FY2016 | 3 |
| FY2017 | 4 |
| FY2018 | 5 |
| FY2019 | 2 |
| FY2020 | 5 |
| FY2021 | 17 |
| FY2022 | 9 |
| FY2023 | 4 |
| FY2024 | 2 |
| FY2025 | 5 |
| FY2026 | 2 |
SBA 7(a) · charge-off rate by approval year
Nicolet National Bank charge-off rate by loan vintage
None of these 10 approval years has 10 or more resolved loans, too few to draw a trend. Each year’s numbers are in the table below.
Show the numbers by year
| Year | Resolved | Charged off | Rate |
|---|---|---|---|
| 2008 | 3 | 1 | Too few |
| 2011 | 6 | 2 | Too few |
| 2012 | 5 | 0 | Too few |
| 2014 | 6 | 1 | Too few |
| 2015 | 7 | 0 | Too few |
| 2016 | 3 | 0 | Too few |
| 2017 | 4 | 0 | Too few |
| 2018 | 5 | 0 | Too few |
| 2020 | 3 | 0 | Too early |
| 2021 | 6 | 0 | Too early |
Source and method
SBA 7(a) FOIA loan records. Rate: charged-off loans over resolved loans (paid in full plus charged off) for loans approved that year; it moves as loans are resolved.
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). Across SBA 7(a) franchise lending, the national charge-off rate is 16.0% over 94,550 resolved loans.Portfolios materially above that signal either riskier franchise selection or weaker underwriting. Nicolet National Bank's rate of 8.5% is below the national rate.
- 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.