PS
SBA 7(a) franchise lending portfolio
Plains State Bank
EXCELLENT risk
- Total loans
- 98
- Loan volume
- $205.9M
- Avg loan size
- $2.1M
- Charge-off 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% (low risk) |
| Kids 'R' Kids | 4 | $15.6M | 0.0% (low risk) |
| Murphy's Deli | 4 | $2.6M | 0.0% (low risk) |
| Kids 'r' Kids | 4 | $15.5M | 0.0% (low risk) |
| Temporary Franchises | 4 | $4.2M | 25.0% (very high risk) |
| Rodeway Inns | 3 | $4.1M | 0.0% (low risk) |
| Super 8 Motel | 3 | $5.8M | 0.0% (low risk) |
| Econo Lodge Motel | 3 | $5.5M | 0.0% (low risk) |
| The Goddard School | 3 | $13.3M | 0.0% (low risk) |
| Budget Host Super 7 Motel | 3 | $5.0M | 0.0% (low risk) |
| Primrose Schools | 3 | $11.6M | 0.0% (low risk) |
| Children's Lighthouse Early Le | 3 | $11.9M | 0.0% (low risk) |
| Church's Fried Chicken | 2 | $850K | 0.0% (low risk) |
| Holiday Inn Express/Holiday In | 2 | $10.0M | 0.0% (low risk) |
| Super 8 by Wyndhan | 2 | $4.5M | N/A |
| Spanish Schoolhouse | 2 | $1.4M | N/A |
| Gasgo Markets, Inc. (Shell) Mo | 2 | $2.6M | N/A |
| Studio 6 | 2 | $5.8M | N/A |
| Primrose Schools | 2 | $8.8M | N/A |
| Baymont Inns & Suites | 1 | $1.8M | 0.0% (low risk) |
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 charge-off 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
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 Plains State Bank originated?
- 98 loans totaling $205.9M. The portfolio carries a 3.5% 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 Plains State Bank fund the most?
- The “Top franchise exposures” table above lists the brands Plains 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.