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FranchiseVerdict

SBA 7(a) franchise lending portfolio

OakStar Bank

CRITICAL risk
Total loans
134
Loan volume
$97.6M
Avg loan size
$728K
Charge-off rate
21.0%
vs 15.4% national avg

Defaults

21

Avg interest

6.49%

Franchises funded

78

Risk rating

CRITICAL

Top franchise exposures

FranchiseLoansVolumeDefault %
Subway Sandwich Shop32$8.4M15.6% (high risk)
Days Inn4$4.8M50.0% (very high risk)
Sylvan Learning Centers4$291KN/A
Cambridge Adult Day Centers4$717K33.3% (very high risk)
Cold Stone Creamery3$1.3MN/A
Super 8 by Wyndhan3$2.7M0.0% (low risk)
World Fuel Services, Inc. d/b/3$5.8M0.0% (low risk)
H & R Block2$124K0.0% (low risk)
Noble Roman Pizza2$1.1M100.0% (very high risk)
Marathon Oil Company2$2.2M50.0% (very high risk)
Super 8 Motel2$4.0M0.0% (low risk)
Country Inns & Suites2$4.7M0.0% (low risk)
Baymont by Wyndham aka Baymont2$3.1M0.0% (low risk)
Super 82$2.9M0.0% (low risk)
Piggly Wiggly2$970K100.0% (very high risk)
Days Inn by Wyndham2$4.5MN/A
Scooter's Coffee2$1.2MN/A
Speedy Sign-O-Rama1$80K100.0% (very high risk)
Mr. Goodcents Sub' And Pasta1$90K0.0% (low risk)
Shell Service Station1$1.7M100.0% (very high risk)

OakStar Bank charge-off rate by loan vintage

BrandNational avg
OakStar Bank charge-off rate by loan vintage. Showing 13 vintages from 2007 to 2020. Rates range from 0.0% to 66.7%.0%5%10%15%20%25%30%35%40%45%50%55%60%65%70%'07'10'13'16'20

Geographic exposure

5025.9% (very high risk)
3129.0% (very high risk)
1520.0% (very high risk)
120.0% (low risk)
100.0% (low risk)
40.0% (low risk)
30.0% (low risk)
2100.0% (very high risk)
20.0% (low risk)

Portfolio summary

Total funded$97.6M
Defaults21 of 134
Risk tierCRITICAL
Avg rate6.49%

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 “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 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.