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FranchiseVerdict

SBA 7(a) franchise lending portfolio

PromiseOne Bank

EXCELLENT risk
Total loans
330
Loan volume
$515.5M
Avg loan size
$1.6M
Charge-off rate
3.5%
vs 15.4% national avg

Defaults

7

Avg interest

5.94%

Franchises funded

113

Risk rating

EXCELLENT

Top franchise exposures

FranchiseLoansVolumeDefault %
Quality Inn by Choice Hotels /19$45.9M0.0% (low risk)
Quality Inn/Quality Suites, Ho15$21.5M0.0% (low risk)
Super 813$21.3M0.0% (low risk)
Days Inn13$16.2M0.0% (low risk)
Days Inn by Wyndham12$20.0M0.0% (low risk)
Motel 612$11.1M20.0% (very high risk)
Marco's Pizza12$3.8M16.7% (high risk)
Comfort/ Comfort Inn & Suites/11$22.3M0.0% (low risk)
Econo Lodge by Choice Hotels/E10$17.5M33.3% (very high risk)
Red Roof Inn8$10.3M0.0% (low risk)
Red Roof Inn8$9.4M0.0% (low risk)
Super 8 by Wyndhan8$17.1M0.0% (low risk)
Econo Lodge7$10.1M0.0% (low risk)
Americas Best Value Inn (f/K/A6$10.0M0.0% (low risk)
Best Western - Membership Agre6$13.4M0.0% (low risk)
Knights Inn5$6.3M0.0% (low risk)
Best Western Inn5$12.7M0.0% (low risk)
Shell Service Station5$5.6M0.0% (low risk)
Clarion Hotel5$10.4M0.0% (low risk)
Exxon4$3.4M0.0% (low risk)

PromiseOne Bank charge-off rate by loan vintage

BrandNational avg
PromiseOne Bank charge-off rate by loan vintage. Showing 8 vintages from 2013 to 2020. Rates range from 0.0% to 10.3%.0%5%10%15%'13'15'17'19'20

Geographic exposure

793.9% (low risk)
394.2% (low risk)
360.0% (low risk)
2811.1% (elevated risk)
230.0% (low risk)
180.0% (low risk)
1712.5% (elevated risk)
150.0% (low risk)
90.0% (low risk)
90.0% (low risk)

Portfolio summary

Total funded$515.5M
Defaults7 of 330
Risk tierEXCELLENT
Avg rate5.94%

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 PromiseOne Bank originated?
330 loans totaling $515.5M. The portfolio carries a 3.5% charge-off rate, earning a “EXCELLENT” 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 PromiseOne Bank fund the most?
The “Top franchise exposures” table above lists the brands PromiseOne 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.