OB
SBA 7(a) franchise lending portfolio
OMB Bank
ELEVATED risk
- Total loans
- 12
- Loan volume
- $4.9M
- Avg loan size
- $410K
- Charge-off 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% (low risk) |
| Iga Food Stores | 1 | $480K | 0.0% (low risk) |
| Baby News | 1 | $160K | 0.0% (low risk) |
| Subway Sandwich Shop | 1 | $147K | 0.0% (low risk) |
| Extra Innings Training Centers | 1 | $150K | 100.0% (very high risk) |
| Conoco Service Station | 1 | $420K | 0.0% (low risk) |
| Ziggi's Coffee | 1 | $1.4M | N/A |
| Rita's Ice-Custard-Happiness | 1 | $459K | N/A |
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
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 OMB Bank originated?
- 12 loans totaling $4.9M. The portfolio carries a 16.7% charge-off rate, earning a “ELEVATED” 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 OMB Bank fund the most?
- The “Top franchise exposures” table above lists the brands OMB 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.