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SBA 7(a) franchise lending portfolio
Peoples Bank of Alabama
CRITICAL risk
- Total loans
- 12
- Loan volume
- $4.3M
- Avg loan size
- $358K
- Default rate
- 44.4%
- vs 15.4% national avg
Defaults
4
Avg interest
6.81%
Franchises funded
8
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| The UPS Store (f/k/a Mail Box | 3 | $556K | 0.0% |
| Hwy 55 Burgers Shakes & Fries | 2 | $471K | 100.0% |
| Bahama Buck's | 2 | $620K | 100.0% |
| Papa John's Pizza | 1 | $468K | 0.0% |
| The UPS Store | 1 | $230K | 0.0% |
| Meineke Car Care | 1 | $690K | 0.0% |
| Baymont Inn & Suites | 1 | $1.1M | 0.0% |
| Motivated Movers | 1 | $137K | — |
Lending volume by year
1'13
3'14
3'15
1'17
1'19
3'23
Geographic exposure
1244.4%
Portfolio summary
Total funded$4.3M
Defaults4 of 12
Risk tierCRITICAL
Avg rate6.81%
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%).