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SBA 7(a) franchise lending portfolio
Poppy Bank
EXCELLENT risk
- Total loans
- 109
- Loan volume
- $232.0M
- Avg loan size
- $2.1M
- Default rate
- 1.2%
- vs 15.4% national avg
Defaults
1
Avg interest
6.14%
Franchises funded
73
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Days Inn | 6 | $12.6M | 0.0% |
| Super 8 by Wyndhan | 5 | $9.8M | 0.0% |
| Ampm Mini Market- Arco | 4 | $13.1M | 0.0% |
| Best Western Inn | 4 | $11.6M | 0.0% |
| La Quinta Inn | 3 | $12.6M | 0.0% |
| The Counter | 3 | $2.8M | 0.0% |
| Motel 6 | 3 | $6.2M | 0.0% |
| Quality Inn/Quality Suites, Ho | 3 | $7.1M | 0.0% |
| Anytime Fitness | 2 | $425K | 0.0% |
| Menchie's | 2 | $652K | 0.0% |
| Comfort/ Comfort Inn & Suites/ | 2 | $5.4M | 0.0% |
| Super 8 | 2 | $2.4M | 0.0% |
| Red Lion Inn & Suites | 2 | $5.2M | 0.0% |
| Motel 6 | 2 | $5.5M | 0.0% |
| Signarama | 2 | $200K | 0.0% |
| Choice Hotels International In | 2 | $7.6M | 0.0% |
| Comfort Inn by Choice Hotels/C | 2 | $7.4M | 0.0% |
| Red Lion Hotels | 2 | $7.0M | 0.0% |
| La Quinta by Wyndham a.k.a. La | 2 | $10.0M | 0.0% |
| Clarion Inn by Choice Hotels/C | 2 | $4.0M | — |
Lending volume by year
2'05
2'07
1'08
1'09
6'12
5'13
12'14
12'15
19'16
8'17
15'18
19'19
5'20
1'21
1'22
Poppy Bank default rate by loan vintage
BrandNational avg
Geographic exposure
562.1%
260.0%
50.0%
30.0%
20.0%
20.0%
20.0%
1—
10.0%
10.0%
Portfolio summary
Total funded$232.0M
Defaults1 of 109
Risk tierEXCELLENT
Avg rate6.14%
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%).