PS
SBA 7(a) franchise lending portfolio
Peoples State Bank
AVERAGE risk
- Total loans
- 21
- Loan volume
- $5.0M
- Avg loan size
- $237K
- Charge-off rate
- 11.1%
- vs 15.4% national avg
Defaults
2
Avg interest
6.04%
Franchises funded
17
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Fedex | 3 | $181K | 0.0% (low risk) |
| Fedex Ground | 2 | $468K | 0.0% (low risk) |
| Sports Clips | 2 | $310K | 0.0% (low risk) |
| Conoco Service Station | 1 | $63K | 0.0% (low risk) |
| Jack & Jill | 1 | $122K | 100.0% (very high risk) |
| Quiznos | 1 | $85K | 100.0% (very high risk) |
| Dairy Queen | 1 | $193K | 0.0% (low risk) |
| Toppers Pizza | 1 | $200K | 0.0% (low risk) |
| Hot Head Burritos | 1 | $200K | 0.0% (low risk) |
| Subway | 1 | $170K | 0.0% (low risk) |
| Dairy Queen Frozen Treat Cente | 1 | $602K | 0.0% (low risk) |
| Papa Joe's Pizza | 1 | $656K | 0.0% (low risk) |
| Bp Express | 1 | $35K | 0.0% (low risk) |
| Century 21 | 1 | $350K | 0.0% (low risk) |
| FIRE Fitness Camp | 1 | $158K | 0.0% (low risk) |
| The Joint...The Chiropractic P | 1 | $835K | N/A |
| Baymont by Wyndham aka Baymont | 1 | $350K | N/A |
Lending volume by year
2'98
2'01
1'11
2'12
6'13
3'14
1'16
1'17
2'22
1'24
Geographic exposure
157.7% (moderate risk)
250.0% (very high risk)
20.0% (low risk)
10.0% (low risk)
1N/A
Portfolio summary
Total funded$5.0M
Defaults2 of 21
Risk tierAVERAGE
Avg rate6.04%
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 Peoples State Bank originated?
- 21 loans totaling $5.0M. The portfolio carries a 11.1% charge-off rate, earning a “AVERAGE” 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 Peoples State Bank fund the most?
- The “Top franchise exposures” table above lists the brands Peoples State Bank has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.