P
SBA 7(a) franchise lending portfolio
PeopleFund
CRITICAL risk
- Total loans
- 46
- Loan volume
- $6.6M
- Avg loan size
- $143K
- Charge-off 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% (very high risk) |
| Mudlingers Drive-Thru Coffee - | 2 | $229K | N/A |
| Reis & Irvy’s | 1 | $185K | 0.0% (low risk) |
| Win Home Inspection | 1 | $43K | 0.0% (low risk) |
| 9Round | 1 | $200K | N/A |
| Rent-N-Roll/Rnr | 1 | $250K | 0.0% (low risk) |
| Tutor Doctor | 1 | $81K | 0.0% (low risk) |
| World Gym | 1 | $250K | 0.0% (low risk) |
| Nutrishop | 1 | $144K | 100.0% (very high risk) |
| Thriveworks | 1 | $50K | 0.0% (low risk) |
| Sweet Charlie's | 1 | $161K | N/A |
| Pinot's Palette | 1 | $135K | 100.0% (very high risk) |
| Hotworx | 1 | $250K | N/A |
| Nestle Toll House Cafe by Chip | 1 | $250K | 100.0% (very high risk) |
| Anytime Fitness | 1 | $100K | 0.0% (low risk) |
| Painting With A Twist | 1 | $68K | 0.0% (low risk) |
| Corporate Caterers | 1 | $40K | 0.0% (low risk) |
| Hokulia Shave Ice | 1 | $80K | 0.0% (low risk) |
| Blue-Grace Logistics | 1 | $65K | 100.0% (very high risk) |
| Minuteman Press | 1 | $50K | 100.0% (very high risk) |
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% (very high risk)
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
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 PeopleFund originated?
- 46 loans totaling $6.6M. The portfolio carries a 36.0% 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 PeopleFund fund the most?
- The “Top franchise exposures” table above lists the brands PeopleFund has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.