PB
SBA 7(a) franchise lending portfolio
Platinum Bank
Risk rating: High Risk
- Total loans
- 135
- Loan volume
- $69.6M
- Avg loan size
- $515K
- Charge-off rate
- 20.0%
- vs 16.0% national
Charged off
3
Avg interest
9.59%
Franchises funded
45
Risk rating
High Risk
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Anytime Fitness | 45 | $24.2M | N/A |
| Waxing the City | 23 | $10.2M | N/A |
| Red's Savoy Pizza | 9 | $3.4M | N/A |
| Seniors Helping Seniors | 4 | $670K | N/A |
| Fantastic Sams | 3 | $2.2M | N/A |
| Burn Boot Camp Fitness | 3 | $459K | N/A |
| Bricks & Minifigs | 2 | $478K | N/A |
| Apex Fun Run | 2 | $443K | N/A |
| Sylvan Learning Centers | 2 | $1.0M | N/A |
| Petland/Safari Stan's | 2 | $2.4M | N/A |
| Buffalo Wild Wings | 2 | $1.0M | N/A |
| Sky Zone Indoor Trampoline Par | 2 | $3.2M | N/A |
| Magic Dragon | 2 | $765K | N/A |
| YogaSix | 2 | $597K | N/A |
| Casa De Corazon | 2 | $4.4M | N/A |
| Jersey Mike's | 1 | $336K | N/A |
| Snap Fitness | 1 | $260K | N/A |
| Gigi's Cupcakes | 1 | $315K | N/A |
| Culver's | 1 | $702K | N/A |
| Floor Covering International | 1 | $100K | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY2011 | 1 |
| FY2012 | 1 |
| FY2013 | 2 |
| FY2015 | 2 |
| FY2016 | 1 |
| FY2018 | 2 |
| FY2019 | 5 |
| FY2020 | 5 |
| FY2021 | 2 |
| FY2022 | 4 |
| FY2023 | 8 |
| FY2024 | 52 |
| FY2025 | 50 |
Geographic exposure
3721.4% (high risk)
18N/A
15N/A
9N/A
8N/A
7N/A
6N/A
4N/A
4N/A
4N/A
Portfolio summary
Total funded$69.6M
Charged off3 of 135
Risk tierHigh Risk
Avg rate9.59%
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 Platinum Bank originated?
- 135 loans totaling $69.6M. The portfolio carries a 20.0% charge-off rate, earning a “High Risk” risk rating.
- What is the charge-off rate and why does it matter?
- Charge-off rate = charge-offs / (charge-offs + paid-in-full). Across SBA 7(a) franchise lending, the national charge-off rate is 16.0% over 94,550 resolved loans.Portfolios materially above that signal either riskier franchise selection or weaker underwriting. Platinum Bank's rate of 20.0% is above the national rate.
- 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 Platinum Bank fund the most?
- The “Top franchise exposures” table above lists the brands Platinum 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.