NC
SBA 7(a) franchise lending portfolio
Numerica CU
EXCELLENT risk
- Total loans
- 25
- Loan volume
- $7.4M
- Avg loan size
- $295K
- Charge-off rate
- 0.0%
- vs 15.4% national avg
Defaults
0
Avg interest
6.92%
Franchises funded
16
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Elements Massage | 5 | $1.2M | 0.0% (low risk) |
| The UPS Store (f/k/a Mail Box | 3 | $558K | 0.0% (low risk) |
| Hut no.8 | 2 | $269K | 0.0% (low risk) |
| USA Insulation | 2 | $447K | N/A |
| Crumbl | 2 | $895K | N/A |
| Speedpro Imaging | 1 | $70K | 0.0% (low risk) |
| Heaven's Best Carpet/Upholst. | 1 | $200K | N/A |
| Snappy Tomato Pizza | 1 | $325K | N/A |
| Anytime Fitness | 1 | $450K | N/A |
| TruBlue | 1 | $105K | N/A |
| Shoot 360 | 1 | $576K | N/A |
| Dairy Queen Stores of Spokane, | 1 | $350K | 0.0% (low risk) |
| Bruchi's Restaurant - Master L | 1 | $1.3M | N/A |
| Plato's Closet | 1 | $475K | N/A |
| Farmers Insurance Agent Appoin | 1 | $146K | N/A |
| Heaven's Best | 1 | $40K | N/A |
Lending volume by year
1'10
1'16
1'17
5'18
3'19
3'20
2'21
5'22
3'23
1'25
Geographic exposure
Portfolio summary
Total funded$7.4M
Defaults0 of 25
Risk tierEXCELLENT
Avg rate6.92%
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 Numerica CU originated?
- 25 loans totaling $7.4M. The portfolio carries a 0.0% charge-off rate, earning a “EXCELLENT” 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 Numerica CU fund the most?
- The “Top franchise exposures” table above lists the brands Numerica CU has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.