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SBA 7(a) franchise lending portfolio
Northbrook Bank & Trust Company, National Association
CRITICAL risk
- Total loans
- 51
- Loan volume
- $46.2M
- Avg loan size
- $905K
- Default rate
- 20.8%
- vs 15.4% national avg
Defaults
10
Avg interest
6.33%
Franchises funded
23
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Subway Sandwich Shop | 6 | $2.1M | 16.7% |
| Citgo Service Station | 5 | $4.2M | 0.0% |
| Days Inn | 5 | $5.5M | 20.0% |
| Sunoco Service Station | 4 | $2.9M | 25.0% |
| Super 8 Motel | 4 | $4.9M | 50.0% |
| Mobil Oil (stations) | 3 | $2.6M | 0.0% |
| Phillips 66 | 3 | $2.1M | 0.0% |
| Best Western Inn | 3 | $3.8M | 33.3% |
| Ramada Inn | 2 | $3.4M | 0.0% |
| Comfort Inn | 2 | $3.4M | 0.0% |
| Jimmy John's | 2 | $723K | 0.0% |
| Shell Service Station | 1 | $547K | 0.0% |
| Meineke Car Care | 1 | $171K | 100.0% |
| Sleep Inn Motel | 1 | $2.0M | 0.0% |
| Comfort Suites | 1 | $2.0M | 100.0% |
| Quizno's Subs | 1 | $116K | 0.0% |
| Quiznos | 1 | $100K | 0.0% |
| Culver's Frozen Custard | 1 | $1.8M | 0.0% |
| Amerihost Inn | 1 | $2.0M | 100.0% |
| Merlin's 200,000 Miles Shop | 1 | $147K | 100.0% |
Lending volume by year
1'02
2'03
4'04
4'05
10'06
18'07
6'08
1'14
1'15
2'16
2'24
Northbrook Bank & Trust Company, National Association default rate by loan vintage
BrandNational avg
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%).