PB
SBA 7(a) franchise lending portfolio
PNC Bank, National Association
ELEVATED risk
- Total loans
- 3,449
- Loan volume
- $1.2B
- Avg loan size
- $353K
- Charge-off rate
- 17.1%
- vs 15.4% national avg
Defaults
539
Avg interest
6.19%
Franchises funded
982
Risk rating
ELEVATED
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Subway Sandwich Shop | 251 | $33.7M | 4.8% (low risk) |
| Quiznos | 120 | $17.7M | 31.1% (very high risk) |
| Dunkin Donuts | 95 | $72.9M | 1.1% (low risk) |
| Wingstop Restaurant | 53 | $11.0M | 9.4% (moderate risk) |
| Mail Boxes Etc. Usa | 52 | $6.0M | 7.8% (moderate risk) |
| Dairy Queen | 41 | $7.5M | 12.5% (elevated risk) |
| Great Clips | 38 | $5.5M | 0.0% (low risk) |
| Rita's Real Italian Water Ice | 35 | $6.6M | 17.1% (high risk) |
| Minuteman Press | 30 | $2.9M | 36.7% (very high risk) |
| Salad Works, Inc. | 29 | $10.6M | 41.4% (very high risk) |
| Servpro | 27 | $6.2M | 11.1% (elevated risk) |
| The UPS Store | 27 | $3.8M | 3.7% (low risk) |
| Jimmy John's | 26 | $6.7M | 8.0% (moderate risk) |
| Domino's Pizza | 24 | $2.1M | 4.2% (low risk) |
| Curves For Women | 23 | $3.7M | 17.4% (high risk) |
| The Goddard School | 23 | $53.7M | 5.9% (moderate risk) |
| Chicken Express | 22 | $7.3M | 4.5% (low risk) |
| Blimpie | 21 | $4.0M | 28.6% (very high risk) |
| Fantastic Sam's | 21 | $2.1M | 23.8% (very high risk) |
| Firehouse Subs | 21 | $5.5M | 4.8% (low risk) |
Lending volume by year
32'92
34
54
98
104
103'97
96
115
124
110
140'02
246
267
292
264
271'07
103
68
67
66
42'12
47
88
93
83
86'17
103
79
41
26
26'22
37
17
23
4'26
PNC Bank, National Association charge-off rate by loan vintage
BrandNational avg
Shaded area: recent vintages with few resolved loans; rates may change as loans mature.
Geographic exposure
62716.0% (high risk)
56916.9% (high risk)
34614.1% (elevated risk)
24418.9% (high risk)
21916.4% (high risk)
17313.5% (elevated risk)
15624.2% (very high risk)
15619.2% (high risk)
14114.6% (elevated risk)
12318.1% (high risk)
Portfolio summary
Total funded$1.2B
Defaults539 of 3,449
Risk tierELEVATED
Avg rate6.19%
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 PNC Bank, National Association originated?
- 3,449 loans totaling $1218.1M. The portfolio carries a 17.1% charge-off rate, earning a “ELEVATED” 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 PNC Bank, National Association fund the most?
- The “Top franchise exposures” table above lists the brands PNC Bank, National Association has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.