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SBA 7(a) franchise lending portfolio
OMB Bank
ELEVATED risk
- Total loans
- 12
- Loan volume
- $4.9M
- Avg loan size
- $410K
- Default rate
- 16.7%
- vs 15.4% national avg
Defaults
1
Avg interest
7.75%
Franchises funded
8
Risk rating
ELEVATED
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| "RedLine Athletics", "Redline | 5 | $1.8M | 0.0% |
| Iga Food Stores | 1 | $480K | 0.0% |
| Baby News | 1 | $160K | 0.0% |
| Subway Sandwich Shop | 1 | $147K | 0.0% |
| Extra Innings Training Centers | 1 | $150K | 100.0% |
| Conoco Service Station | 1 | $420K | 0.0% |
| Ziggi's Coffee | 1 | $1.4M | — |
| Rita's Ice-Custard-Happiness | 1 | $459K | — |
Lending volume by year
1'99
2'01
1'04
1'05
1'19
1'22
4'23
1'24
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%).