NF
SBA 7(a) franchise lending portfolio
Northwest FCU
CRITICAL risk
- Total loans
- 13
- Loan volume
- $10.2M
- Avg loan size
- $782K
- Charge-off rate
- 20.0%
- vs 15.4% national avg
Defaults
2
Avg interest
5.88%
Franchises funded
12
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Golden Corral | 2 | $1.1M | 0.0% (low risk) |
| U.s. Lawns | 1 | $102K | N/A |
| Plato's Closet | 1 | $300K | N/A |
| Massage Heights | 1 | $1.1M | 100.0% (very high risk) |
| Great American Cookies | 1 | $150K | 0.0% (low risk) |
| The Learning Experience | 1 | $350K | 0.0% (low risk) |
| Candlewood Suites | 1 | $3.2M | 0.0% (low risk) |
| Comfort Keepers | 1 | $1.1M | 0.0% (low risk) |
| KFC | 1 | $670K | 0.0% (low risk) |
| The UPS Store | 1 | $540K | 0.0% (low risk) |
| Quality Inn/Quality Suites, Ho | 1 | $1.5M | N/A |
| Title Boxing Club | 1 | $150K | 100.0% (very high risk) |
Lending volume by year
4'14
8'15
1'17
Geographic exposure
433.3% (very high risk)
30.0% (low risk)
10.0% (low risk)
1100.0% (very high risk)
10.0% (low risk)
10.0% (low risk)
10.0% (low risk)
1N/A
Portfolio summary
Total funded$10.2M
Defaults2 of 13
Risk tierCRITICAL
Avg rate5.88%
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 Northwest FCU originated?
- 13 loans totaling $10.2M. The portfolio carries a 20.0% charge-off rate, earning a “CRITICAL” 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 Northwest FCU fund the most?
- The “Top franchise exposures” table above lists the brands Northwest FCU has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.