PB
SBA 7(a) franchise lending portfolio
Popular Bank
Risk rating: High Risk
- Total loans
- 1,275
- Loan volume
- $311.5M
- Avg loan size
- $244K
- Charge-off rate
- 48.1%
- vs 16.0% national
Charged off
602
Avg interest
7.00%
Franchises funded
276
Risk rating
High Risk
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| AAMCO Transmissions | 59 | $14.1M | 69.5% (high risk) |
| Planet Beach | 57 | $12.8M | 82.5% (high risk) |
| Subway Sandwich Shop | 52 | $7.9M | 17.3% (elevated) |
| Cold Stone Creamery, Inc. | 50 | $13.1M | 66.0% (high risk) |
| Massage Envy | 45 | $12.0M | 6.7% (good) |
| Dunkin Donuts | 44 | $21.6M | 6.8% (good) |
| Domino's Pizza | 38 | $6.8M | 23.7% (high risk) |
| Golf Etc. | 32 | $4.9M | 93.8% (high risk) |
| Huntington Learning Center | 30 | $5.9M | 35.7% (high risk) |
| Philly Soft Pretzel Factory | 27 | $4.2M | 65.4% (high risk) |
| Quiznos | 24 | $3.4M | 25.0% (high risk) |
| All Tune And Lube | 19 | $2.3M | 31.6% (high risk) |
| Wingstop Restaurant | 19 | $4.3M | 0.0% (excellent) |
| 24 Seven Vending | 18 | $2.9M | 88.9% (high risk) |
| Foot Solutions | 17 | $2.7M | 75.0% (high risk) |
| Premier Rental Purchase | 16 | $4.5M | 68.8% (high risk) |
| Buffalo Wings & Rings | 16 | $5.3M | 64.3% (high risk) |
| Play N Trade | 13 | $1.5M | 76.9% (high risk) |
| Wetzel's Pretzel | 12 | $2.0M | 58.3% (high risk) |
| King Bear Auto Service | 12 | $2.6M | 8.3% (good) |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1994 | 1 |
| FY1995 | 5 |
| FY1996 | 7 |
| FY1997 | 28 |
| FY1998 | 26 |
| FY1999 | 37 |
| FY2000 | 28 |
| FY2001 | 33 |
| FY2002 | 42 |
| FY2003 | 72 |
| FY2004 | 62 |
| FY2005 | 85 |
| FY2006 | 159 |
| FY2007 | 322 |
| FY2008 | 363 |
| FY2009 | 4 |
| FY2014 | 1 |
SBA 7(a) · charge-off rate by approval year
Popular Bank: above all franchise loans in 8 of 12 rated years
Hollow rings on the axis: years with fewer than 10 resolved loans, not rated (too few to judge). Their numbers are in the table.
Show the numbers by year
| Year | Resolved | Charged off | Rate |
|---|---|---|---|
| 1995 | 5 | 0 | Too few |
| 1996 | 7 | 0 | Too few |
| 1997 | 28 | 5 | 17.9% |
| 1998 | 26 | 3 | 11.5% |
| 1999 | 37 | 10 | 27.0% |
| 2000 | 28 | 6 | 21.4% |
| 2001 | 33 | 5 | 15.2% |
| 2002 | 42 | 13 | 31.0% |
| 2003 | 72 | 13 | 18.1% |
| 2004 | 62 | 8 | 12.9% |
| 2005 | 85 | 31 | 36.5% |
| 2006 | 157 | 99 | 63.1% |
| 2007 | 314 | 205 | 65.3% |
| 2008 | 350 | 204 | 58.3% |
| 2009 | 4 | 0 | Too few |
Dashed line: all franchise 7(a) loans approved the same year.
Source and method
SBA 7(a) FOIA loan records. Rate: charged-off loans over resolved loans (paid in full plus charged off) for loans approved that year; it moves as loans are resolved.
Geographic exposure
22647.1% (high risk)
19642.3% (high risk)
14346.5% (high risk)
9329.7% (high risk)
8239.0% (high risk)
6140.0% (high risk)
4460.5% (high risk)
4165.9% (high risk)
3561.8% (high risk)
2950.0% (high risk)
Portfolio summary
Total funded$311.5M
Charged off602 of 1,275
Risk tierHigh Risk
Avg rate7.00%
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 Popular Bank originated?
- 1,275 loans totaling $311.5M. The portfolio carries a 48.1% 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. Popular Bank's rate of 48.1% 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 Popular Bank fund the most?
- The “Top franchise exposures” table above lists the brands Popular 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.