SBA 7(a) franchise lending portfolio
OakStar Bank
- Total loans
- 134
- Loan volume
- $97.6M
- Avg loan size
- $728K
- Charge-off rate
- 21.0%
- vs 16.0% national
Charged off
21
Avg interest
6.49%
Franchises funded
78
Risk rating
High Risk
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Subway Sandwich Shop | 32 | $8.4M | 15.6% (elevated) |
| Super 8 by Wyndhan | 7 | $9.5M | N/A |
| Days Inn | 6 | $9.3M | N/A |
| Sylvan Learning Centers | 4 | $291K | N/A |
| Cambridge Adult Day Centers | 4 | $717K | N/A |
| Cold Stone Creamery | 3 | $1.3M | N/A |
| World Fuel Services, Inc. d/b/ | 3 | $5.8M | N/A |
| H & R Block | 2 | $124K | N/A |
| Noble Roman Pizza | 2 | $1.1M | N/A |
| Marathon Oil Company | 2 | $2.2M | N/A |
| Country Inns & Suites | 2 | $4.7M | N/A |
| Baymont by Wyndham aka Baymont | 2 | $3.1M | N/A |
| Piggly Wiggly | 2 | $970K | N/A |
| Scooter's Coffee | 2 | $1.2M | N/A |
| Speedy Sign-O-Rama | 1 | $80K | N/A |
| Mr. Goodcents Sub' And Pasta | 1 | $90K | N/A |
| Shell Service Station | 1 | $1.7M | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1993 | 2 |
| FY1994 | 1 |
| FY1995 | 1 |
| FY1996 | 1 |
| FY2004 | 1 |
| FY2005 | 1 |
| FY2006 | 1 |
| FY2007 | 3 |
| FY2008 | 4 |
| FY2009 | 11 |
| FY2010 | 10 |
| FY2011 | 16 |
| FY2012 | 13 |
| FY2013 | 8 |
| FY2014 | 3 |
| FY2015 | 5 |
| FY2016 | 5 |
| FY2017 | 2 |
| FY2018 | 5 |
| FY2019 | 7 |
| FY2020 | 7 |
| FY2021 | 10 |
| FY2022 | 6 |
| FY2023 | 3 |
| FY2024 | 2 |
| FY2025 | 6 |
SBA 7(a) · charge-off rate by approval year
OakStar Bank: 5 of the 9 charge-offs in the rated years came from 2009 loans
Hollow rings on the axis: years with fewer than 10 resolved loans, not rated (too few to judge; recent years are too early to judge while loans are still being repaid). Their numbers are in the table.
Show the numbers by year
| Year | Resolved | Charged off | Rate |
|---|---|---|---|
| 2007 | 3 | 2 | Too few |
| 2008 | 4 | 2 | Too few |
| 2009 | 11 | 5 | 45.5% |
| 2010 | 10 | 0 | 0.0% |
| 2011 | 16 | 1 | 6.2% |
| 2012 | 13 | 3 | 23.1% |
| 2013 | 8 | 1 | Too few |
| 2014 | 3 | 0 | Too few |
| 2015 | 4 | 0 | Too few |
| 2016 | 5 | 1 | Too few |
| 2018 | 3 | 2 | Too few |
| 2019 | 4 | 1 | Too few |
| 2020 | 3 | 0 | Too early |
Dashed line: all franchise 7(a) loans approved the same year.
Source and method
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 OakStar Bank originated?
- 134 loans totaling $97.6M. The portfolio carries a 21.0% charge-off rate, earning a “High Risk” 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. OakStar Bank's rate of 21.0% is above 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 OakStar Bank fund the most?
- The “Top franchise exposures” table above lists the brands OakStar 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.