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SBA 7(a) franchise lending portfolio
Prosperity Bank
ELEVATED risk
- Total loans
- 118
- Loan volume
- $27.7M
- Avg loan size
- $235K
- Default rate
- 19.6%
- vs 15.4% national avg
Defaults
22
Avg interest
5.74%
Franchises funded
87
Risk rating
ELEVATED
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Mr. Gatti's | 5 | $725K | 0.0% |
| Cici's Pizza | 5 | $782K | 0.0% |
| Wingstop Restaurant | 4 | $611K | 0.0% |
| Generator Supercenter | 4 | $1.6M | 0.0% |
| Quiznos | 3 | $375K | 0.0% |
| The UPS Store | 3 | $620K | 0.0% |
| Servpro | 3 | $211K | 0.0% |
| Little Gym | 2 | $231K | 0.0% |
| Great Harvest Bread Co. | 2 | $90K | 0.0% |
| Rainbow International Corporat | 2 | $276K | 0.0% |
| Merle Norman Cosmetics | 2 | $123K | 50.0% |
| Conoco Service Station | 2 | $1.8M | 0.0% |
| Buffalo Wild Wings (f/K/A Bw-3 | 2 | $324K | 0.0% |
| Subway Sandwich Shop | 2 | $560K | 0.0% |
| Baskin-Robbins 31 Ice Cream | 2 | $370K | 0.0% |
| Country Visions | 2 | $361K | 100.0% |
| Jumping Party | 2 | $154K | 50.0% |
| Tropical Smoothie | 2 | $458K | 0.0% |
| Zuka Juice | 1 | $175K | 0.0% |
| Tandy Leather | 1 | $60K | 100.0% |
Lending volume by year
3'93
4
3
3
6
9'98
3
9
6
5
9'03
6
9
3
3
2'08
3
4
2
3
5'14
2
2
1
3
1'19
1
5
1
2'23
Prosperity Bank default rate by loan vintage
BrandNational avg
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%).