PB
SBA 7(a) franchise lending portfolio
Pioneer Bank
EXCELLENT risk
- Total loans
- 26
- Loan volume
- $5.1M
- Avg loan size
- $195K
- Charge-off rate
- 3.9%
- vs 15.4% national avg
Defaults
1
Avg interest
5.66%
Franchises funded
19
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Jimmy John's | 5 | $1.7M | 0.0% (low risk) |
| Dairy Queen | 3 | $345K | 0.0% (low risk) |
| We Care Hair | 2 | $80K | 0.0% (low risk) |
| Coast-To-Coast Store | 1 | $200K | 0.0% (low risk) |
| Pizza Ranch | 1 | $100K | 0.0% (low risk) |
| Hardware Hank | 1 | $230K | 0.0% (low risk) |
| Pronto Markets | 1 | $320K | 0.0% (low risk) |
| Culver's Frozen Custard | 1 | $200K | 0.0% (low risk) |
| Roto Rooter | 1 | $193K | 0.0% (low risk) |
| Armstrong Mccall | 1 | $140K | 0.0% (low risk) |
| Snap Fitness | 1 | $205K | 0.0% (low risk) |
| Erbert & Gerbert's Subs & Club | 1 | $150K | 0.0% (low risk) |
| Bull Chicks | 1 | $100K | 0.0% (low risk) |
| Tropical Smoothie | 1 | $254K | 0.0% (low risk) |
| The UPS Store | 1 | $150K | 0.0% (low risk) |
| Anytime Fitness | 1 | $150K | 0.0% (low risk) |
| Waxing The City | 1 | $250K | 0.0% (low risk) |
| CherryBerry | 1 | $258K | 0.0% (low risk) |
| Dickey's Barbeque | 1 | $60K | 100.0% (very high risk) |
Lending volume by year
3'92
2'94
1'96
1'98
1'99
1'01
1'02
1'03
1'04
2'12
1'13
4'14
3'15
2'16
1'17
1'18
Pioneer Bank charge-off rate by loan vintage
BrandNational avg
Geographic exposure
90.0% (low risk)
812.5% (elevated risk)
50.0% (low risk)
30.0% (low risk)
10.0% (low risk)
Portfolio summary
Total funded$5.1M
Defaults1 of 26
Risk tierEXCELLENT
Avg rate5.66%
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 Pioneer Bank originated?
- 26 loans totaling $5.1M. The portfolio carries a 3.9% charge-off rate, earning a “EXCELLENT” 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 Pioneer Bank fund the most?
- The “Top franchise exposures” table above lists the brands Pioneer 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.