PB
SBA 7(a) franchise lending portfolio
Patriot Bank, National Association
CRITICAL risk
- Total loans
- 32
- Loan volume
- $18.0M
- Avg loan size
- $562K
- Charge-off rate
- 29.4%
- vs 15.4% national avg
Defaults
5
Avg interest
6.95%
Franchises funded
21
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Launch Trampoline Park | 4 | $3.9M | 0.0% (low risk) |
| Clean Eatz | 3 | $649K | 0.0% (low risk) |
| Meineke Car Care Center | 3 | $2.0M | 0.0% (low risk) |
| Freshii | 3 | $1.3M | 33.3% (very high risk) |
| Huey Magoo's Chicken Tenders | 2 | $705K | N/A |
| Roll On In | 2 | $596K | 100.0% (very high risk) |
| Frenchies Modern Nail Care | 1 | $125K | 0.0% (low risk) |
| The Little Gym | 1 | $202K | 0.0% (low risk) |
| Floor Coverings International | 1 | $200K | N/A |
| Gong Cha (only for NJ, NY, MA | 1 | $330K | 0.0% (low risk) |
| Tossed Franchise Company | 1 | $2.3M | N/A |
| Kumon | 1 | $200K | 100.0% (very high risk) |
| Uncle Boo's Catfish Corner - I | 1 | $320K | N/A |
| Glass Doctor | 1 | $519K | N/A |
| Athletic Republic | 1 | $520K | N/A |
| Ace Hardware | 1 | $1.7M | N/A |
| BurgerFi | 1 | $659K | N/A |
| Beef 'O' Brady's | 1 | $510K | N/A |
| The UPS Store (f/k/a Mail Box | 1 | $435K | N/A |
| Code Ninjas | 1 | $421K | N/A |
Lending volume by year
5'18
15'19
2'20
2'21
7'22
1'23
Geographic exposure
50.0% (low risk)
50.0% (low risk)
4100.0% (very high risk)
30.0% (low risk)
250.0% (very high risk)
20.0% (low risk)
20.0% (low risk)
2N/A
1N/A
1N/A
Portfolio summary
Total funded$18.0M
Defaults5 of 32
Risk tierCRITICAL
Avg rate6.95%
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 Patriot Bank, National Association originated?
- 32 loans totaling $18.0M. The portfolio carries a 29.4% 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 Patriot Bank, National Association fund the most?
- The “Top franchise exposures” table above lists the brands Patriot Bank, National Association has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.