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SBA 7(a) franchise lending portfolio
Queensborough National Bank and Trust Company
AVERAGE risk
- Total loans
- 28
- Loan volume
- $7.9M
- Avg loan size
- $284K
- Default rate
- 12.0%
- vs 15.4% national avg
Defaults
3
Avg interest
6.05%
Franchises funded
21
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Travelodge | 3 | $623K | 0.0% |
| Pizza Inn | 2 | $333K | 100.0% |
| Edible Arrangements | 2 | $330K | 0.0% |
| The UPS Store | 2 | $473K | 0.0% |
| Midas Muffler Shop | 2 | $798K | 0.0% |
| Anytime Fitness | 2 | $74K | 0.0% |
| Sarahcare | 1 | $335K | 0.0% |
| Matco Tools (rent Tools) | 1 | $122K | 0.0% |
| Days Inn | 1 | $890K | 0.0% |
| Comfort Keepers | 1 | $348K | 0.0% |
| Jimmy John's | 1 | $332K | 0.0% |
| The UPS Store (f/k/a Mail Box | 1 | $187K | 0.0% |
| Steak N Shake | 1 | $83K | 0.0% |
| Fedex Ground | 1 | $234K | 0.0% |
| Temporary Franchises | 1 | $200K | 100.0% |
| Woof Gang Bakery and Grooming | 1 | $780K | — |
| CertaPro Painters | 1 | $820K | — |
| Your Pie | 1 | $355K | — |
| Firehouse Subs | 1 | $450K | 0.0% |
| Whit's Frozen Custard | 1 | $100K | 0.0% |
Lending volume by year
1'00
1'02
2'04
2'06
1'07
1'09
2'10
1'11
2'12
2'13
2'14
1'16
3'17
1'19
1'20
3'21
1'22
1'23
Geographic exposure
2513.6%
30.0%
Portfolio summary
Total funded$7.9M
Defaults3 of 28
Risk tierAVERAGE
Avg rate6.05%
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%).