RS
SBA 7(a) franchise lending portfolio
Rayne State Bank & Trust Company
CRITICAL risk
- Total loans
- 12
- Loan volume
- $4.6M
- Avg loan size
- $383K
- Charge-off rate
- 27.3%
- vs 15.4% national avg
Defaults
3
Avg interest
6.22%
Franchises funded
11
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Anytime Fitness | 2 | $432K | 100.0% (very high risk) |
| Cookies In Bloom | 1 | $50K | 0.0% (low risk) |
| Cottman Transmission | 1 | $30K | 100.0% (very high risk) |
| Great Harvest Bread Co. | 1 | $130K | 0.0% (low risk) |
| Kooler Ice | 1 | $98K | 0.0% (low risk) |
| Edible Arrangements | 1 | $552K | N/A |
| Mr. Electric | 1 | $130K | 0.0% (low risk) |
| Anytime Fitness | 1 | $150K | 0.0% (low risk) |
| Junga Juice | 1 | $2.1M | 0.0% (low risk) |
| redbox+ | 1 | $612K | 0.0% (low risk) |
| Ubreakifix | 1 | $338K | 0.0% (low risk) |
Lending volume by year
1'04
2'05
1'11
1'13
1'17
1'18
1'19
1'20
3'21
Geographic exposure
1227.3% (very high risk)
Portfolio summary
Total funded$4.6M
Defaults3 of 12
Risk tierCRITICAL
Avg rate6.22%
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 Rayne State Bank & Trust Company originated?
- 12 loans totaling $4.6M. The portfolio carries a 27.3% charge-off rate, earning a “CRITICAL” 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 Rayne State Bank & Trust Company fund the most?
- The “Top franchise exposures” table above lists the brands Rayne State Bank & Trust Company has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.