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SBA 7(a) franchise lending portfolio
Peoples State Bank
AVERAGE risk
- Total loans
- 21
- Loan volume
- $5.0M
- Avg loan size
- $237K
- Default 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% |
| Fedex Ground | 2 | $468K | 0.0% |
| Sports Clips | 2 | $310K | 0.0% |
| Conoco Service Station | 1 | $63K | 0.0% |
| Jack & Jill | 1 | $122K | 100.0% |
| Quiznos | 1 | $85K | 100.0% |
| Dairy Queen | 1 | $193K | 0.0% |
| Toppers Pizza | 1 | $200K | 0.0% |
| Hot Head Burritos | 1 | $200K | 0.0% |
| Subway | 1 | $170K | 0.0% |
| Dairy Queen Frozen Treat Cente | 1 | $602K | 0.0% |
| Papa Joe's Pizza | 1 | $656K | 0.0% |
| Bp Express | 1 | $35K | 0.0% |
| Century 21 | 1 | $350K | 0.0% |
| FIRE Fitness Camp | 1 | $158K | 0.0% |
| The Joint...The Chiropractic P | 1 | $835K | — |
| Baymont by Wyndham aka Baymont | 1 | $350K | — |
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
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
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%).