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SBA 7(a) franchise lending portfolio
PeopleFund
CRITICAL risk
- Total loans
- 46
- Loan volume
- $6.6M
- Avg loan size
- $143K
- Default rate
- 36.0%
- vs 15.4% national avg
Defaults
9
Avg interest
7.63%
Franchises funded
41
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Little Land Play Gym | 5 | $864K | 75.0% |
| Mudlingers Drive-Thru Coffee - | 2 | $229K | — |
| Reis & Irvy’s | 1 | $185K | 0.0% |
| Win Home Inspection | 1 | $43K | 0.0% |
| 9Round | 1 | $200K | — |
| Rent-N-Roll/Rnr | 1 | $250K | 0.0% |
| Tutor Doctor | 1 | $81K | 0.0% |
| World Gym | 1 | $250K | 0.0% |
| Nutrishop | 1 | $144K | 100.0% |
| Thriveworks | 1 | $50K | 0.0% |
| Sweet Charlie's | 1 | $161K | — |
| Pinot's Palette | 1 | $135K | 100.0% |
| Hotworx | 1 | $250K | — |
| Nestle Toll House Cafe by Chip | 1 | $250K | 100.0% |
| Anytime Fitness | 1 | $100K | 0.0% |
| Painting With A Twist | 1 | $68K | 0.0% |
| Corporate Caterers | 1 | $40K | 0.0% |
| Hokulia Shave Ice | 1 | $80K | 0.0% |
| Blue-Grace Logistics | 1 | $65K | 100.0% |
| Minuteman Press | 1 | $50K | 100.0% |
Lending volume by year
1'13
2'14
6'15
1'16
2'17
7'18
5'19
4'20
4'21
3'22
8'23
1'24
1'25
1'26
Geographic exposure
4636.0%
Portfolio summary
Total funded$6.6M
Defaults9 of 46
Risk tierCRITICAL
Avg rate7.63%
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%).