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SBA 7(a) franchise lending portfolio
Red River Bank
AVERAGE risk
- Total loans
- 12
- Loan volume
- $2.4M
- Avg loan size
- $199K
- Default rate
- 14.3%
- vs 15.4% national avg
Defaults
1
Avg interest
5.12%
Franchises funded
10
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Smoothie King (health Food Sto | 2 | $253K | 0.0% |
| Tropical Smoothie Cafe | 2 | $325K | — |
| P J's Coffee And Tea Cafe | 1 | $145K | 0.0% |
| Curves For Women | 1 | $25K | 0.0% |
| Logan Farms Honey Glazed Hams | 1 | $94K | 0.0% |
| Planet Beach | 1 | $124K | 100.0% |
| Wings To Go | 1 | $80K | 0.0% |
| Main Squeeze Juice Co. | 1 | $348K | — |
| Rotolo's Pizzeria | 1 | $730K | — |
| The Jambalaya Shoppe | 1 | $270K | — |
Lending volume by year
2'01
2'04
1'05
1'07
1'10
1'20
4'21
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%).