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SBA 7(a) franchise lending portfolio
Plains State Bank
EXCELLENT risk
- Total loans
- 98
- Loan volume
- $205.9M
- Avg loan size
- $2.1M
- Default rate
- 3.5%
- vs 15.4% national avg
Defaults
2
Avg interest
5.96%
Franchises funded
56
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Tune Up; The Manly Salon | 10 | $2.6M | 0.0% |
| Kids 'R' Kids | 4 | $15.6M | 0.0% |
| Murphy's Deli | 4 | $2.6M | 0.0% |
| Kids 'r' Kids | 4 | $15.5M | 0.0% |
| Temporary Franchises | 4 | $4.2M | 25.0% |
| Rodeway Inns | 3 | $4.1M | 0.0% |
| Super 8 Motel | 3 | $5.8M | 0.0% |
| Econo Lodge Motel | 3 | $5.5M | 0.0% |
| The Goddard School | 3 | $13.3M | 0.0% |
| Budget Host Super 7 Motel | 3 | $5.0M | 0.0% |
| Primrose Schools | 3 | $11.6M | 0.0% |
| Children's Lighthouse Early Le | 3 | $11.9M | 0.0% |
| Church's Fried Chicken | 2 | $850K | 0.0% |
| Holiday Inn Express/Holiday In | 2 | $10.0M | 0.0% |
| Super 8 by Wyndhan | 2 | $4.5M | — |
| Spanish Schoolhouse | 2 | $1.4M | — |
| Gasgo Markets, Inc. (Shell) Mo | 2 | $2.6M | — |
| Studio 6 | 2 | $5.8M | — |
| Primrose Schools | 2 | $8.8M | — |
| Baymont Inns & Suites | 1 | $1.8M | 0.0% |
Lending volume by year
5'09
15'10
5'11
2'12
2'13
2'14
3'15
7'16
6'17
6'18
14'19
4'20
14'21
6'22
4'24
2'25
1'26
Plains State Bank default rate by loan vintage
BrandNational avg
Geographic exposure
Portfolio summary
Total funded$205.9M
Defaults2 of 98
Risk tierEXCELLENT
Avg rate5.96%
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%).