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SBA 7(a) franchise lending portfolio
Premier Bank Minnesota
EXCELLENT risk
- Total loans
- 12
- Loan volume
- $2.1M
- Avg loan size
- $178K
- Default rate
- 0.0%
- vs 15.4% national avg
Defaults
0
Avg interest
6.53%
Franchises funded
10
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| The Original Red's Savoy Pizza | 2 | $710K | 0.0% |
| Erbert & Gerbert's Subs & Club | 2 | $313K | 0.0% |
| Subway Sandwich Shop | 1 | $50K | 0.0% |
| General Nutrition Center | 1 | $104K | 0.0% |
| Minuteman Press | 1 | $15K | 0.0% |
| Rosati's Pizza | 1 | $300K | — |
| Rosati's Pizza | 1 | $45K | — |
| Good Feet | 1 | $30K | 0.0% |
| Anytime Fitness | 1 | $124K | 0.0% |
| Central Bark Doggy Day Care | 1 | $448K | — |
Lending volume by year
1'02
1'06
1'09
2'15
2'16
2'17
1'18
2'19
Geographic exposure
120.0%
Portfolio summary
Total funded$2.1M
Defaults0 of 12
Risk tierEXCELLENT
Avg rate6.53%
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%).