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SBA 7(a) franchise lending portfolio
Prairie State Bank and Trust
AVERAGE risk
- Total loans
- 11
- Loan volume
- $3.3M
- Avg loan size
- $302K
- Default rate
- 10.0%
- vs 15.4% national avg
Defaults
1
Avg interest
5.26%
Franchises funded
4
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Subway Sandwich Shop | 5 | $535K | 0.0% |
| Subway | 3 | $1.6M | 0.0% |
| Jiffy Lube | 2 | $855K | 0.0% |
| Subway | 1 | $338K | 100.0% |
Lending volume by year
1'99
1'03
5'11
2'12
1'13
1'15
Geographic exposure
1110.0%
Portfolio summary
Total funded$3.3M
Defaults1 of 11
Risk tierAVERAGE
Avg rate5.26%
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%).