![Peoples Bank of Commerce logo](https://cdn.brandfetch.io/peoplesbankofcommerce.com/w/128/h/128/fallback/lettermark?c=<img src="https://cdn.brandfetch.io/domain/apple.com?c=1idsvcTjLv919Ax0E2s" alt="Logo by Brandfetch" />){kind=small}
SBA 7(a) franchise lending portfolio
Peoples Bank of Commerce
EXCELLENT risk
- Total loans
- 30
- Loan volume
- $6.5M
- Avg loan size
- $217K
- Default rate
- 3.5%
- vs 15.4% national avg
Defaults
1
Avg interest
5.80%
Franchises funded
17
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Snap-On-Tools | 4 | $730K | 0.0% |
| Dutch Bros. Coffee | 4 | $1.0M | 0.0% |
| Taco Time | 3 | $215K | 0.0% |
| Snap-On | 3 | $911K | 0.0% |
| Subway Sandwich Shop | 2 | $360K | 0.0% |
| Curves For Women | 2 | $63K | 0.0% |
| Vinny's Italian Kitchen | 2 | $80K | 0.0% |
| Minuteman Press | 1 | $47K | 0.0% |
| Kentucky Fried Chicken | 1 | $940K | 100.0% |
| Arby's | 1 | $800K | 0.0% |
| Subway | 1 | $225K | 0.0% |
| Dairy Queen Grill & Chill/Texa | 1 | $200K | 0.0% |
| Nature's Pet/Earthwise Pet Sup | 1 | $80K | 0.0% |
| The Human Bean | 1 | $23K | 0.0% |
| Togo's Eatery | 1 | $280K | 0.0% |
| H&r Block | 1 | $465K | 0.0% |
| The Pita Pit | 1 | $80K | 0.0% |
Lending volume by year
1'98
2'99
1'00
1'02
1'03
2'04
1'05
3'07
3'08
2'09
3'10
1'11
2'13
2'14
1'15
1'17
1'18
1'19
1'21
Peoples Bank of Commerce default rate by loan vintage
BrandNational avg
Geographic exposure
283.7%
20.0%
Portfolio summary
Total funded$6.5M
Defaults1 of 30
Risk tierEXCELLENT
Avg rate5.80%
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%).