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SBA 7(a) franchise lending portfolio
Republic Bank & Trust Company
AVERAGE risk
- Total loans
- 84
- Loan volume
- $28.3M
- Avg loan size
- $337K
- Default rate
- 13.7%
- vs 15.4% national avg
Defaults
7
Avg interest
6.09%
Franchises funded
52
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Papa John's Pizza | 13 | $3.1M | 30.8% |
| Subway | 4 | $3.6M | 0.0% |
| Crumbl | 4 | $1.7M | 0.0% |
| Subway Sandwich Shop | 3 | $836K | 0.0% |
| Hotworx | 3 | $1.0M | 0.0% |
| Monster Tree Service | 3 | $539K | 0.0% |
| Re/Max Realty | 2 | $45K | 50.0% |
| Servpro | 2 | $150K | 0.0% |
| Which Wich | 2 | $640K | 0.0% |
| Drybar | 2 | $325K | — |
| Wild Birds Unlimited | 2 | $424K | — |
| Jet's Pizza | 2 | $385K | 0.0% |
| Ram Jack Foundation Solutions | 2 | $268K | — |
| Perspire Sauna Studio | 2 | $890K | — |
| Philly's Famous Soft Pretzel | 1 | $22K | 0.0% |
| Mail Boxes Etc. Usa | 1 | $55K | 0.0% |
| Bobby Allison's Winner's Circl | 1 | $75K | 100.0% |
| Voice-Tel (answering Service) | 1 | $16K | 0.0% |
| One-Hour Martinizing | 1 | $85K | 0.0% |
| La Boxing | 1 | $90K | 100.0% |
Lending volume by year
5'95
1
1
1
5
1'08
1
2
9
5
1'13
1
2
2
3
6'19
4
7
7
3
5'24
7
5'26
Republic Bank & Trust Company 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%).