RB
SBA 7(a) franchise lending portfolio
Republic Bank & Trust Company
Risk rating: Average
- Total loans
- 84
- Loan volume
- $28.3M
- Avg loan size
- $337K
- Charge-off rate
- 13.7%
- vs 16.0% national
Charged off
7
Avg interest
6.09%
Franchises funded
52
Risk rating
Average
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Papa John's Pizza | 13 | $3.1M | 30.8% (high risk) |
| Subway | 7 | $4.4M | N/A |
| Crumbl | 4 | $1.7M | N/A |
| Hotworx | 3 | $1.0M | N/A |
| Monster Tree Service | 3 | $539K | N/A |
| Re/Max Realty | 2 | $45K | N/A |
| Servpro | 2 | $150K | N/A |
| Which Wich | 2 | $640K | N/A |
| Drybar | 2 | $325K | N/A |
| Wild Birds Unlimited | 2 | $424K | N/A |
| Jet's Pizza | 2 | $385K | N/A |
| Ram Jack Foundation Solutions | 2 | $268K | N/A |
| Perspire Sauna Studio | 2 | $890K | N/A |
| Philly's Famous Soft Pretzel | 1 | $22K | N/A |
| Mail Boxes Etc. Usa | 1 | $55K | N/A |
| Bobby Allison's Winner's Circl | 1 | $75K | N/A |
| Voice-Tel (answering Service) | 1 | $16K | N/A |
| One-Hour Martinizing | 1 | $85K | N/A |
| La Boxing | 1 | $90K | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1995 | 5 |
| FY2001 | 1 |
| FY2002 | 1 |
| FY2006 | 1 |
| FY2007 | 5 |
| FY2008 | 1 |
| FY2009 | 1 |
| FY2010 | 2 |
| FY2011 | 9 |
| FY2012 | 5 |
| FY2013 | 1 |
| FY2014 | 1 |
| FY2015 | 2 |
| FY2017 | 2 |
| FY2018 | 3 |
| FY2019 | 6 |
| FY2020 | 4 |
| FY2021 | 7 |
| FY2022 | 7 |
| FY2023 | 3 |
| FY2024 | 5 |
| FY2025 | 7 |
| FY2026 | 5 |
SBA 7(a) · charge-off rate by approval year
Republic Bank & Trust Company charge-off rate by loan vintage
None of these 6 approval years has 10 or more resolved loans, too few to draw a trend. Each year’s numbers are in the table below.
Show the numbers by year
| Year | Resolved | Charged off | Rate |
|---|---|---|---|
| 1995 | 5 | 1 | Too few |
| 2007 | 5 | 2 | Too few |
| 2011 | 9 | 2 | Too few |
| 2012 | 5 | 1 | Too few |
| 2019 | 5 | 0 | Too few |
| 2020 | 4 | 0 | Too early |
Source and method
SBA 7(a) FOIA loan records. Rate: charged-off loans over resolved loans (paid in full plus charged off) for loans approved that year; it moves as loans are resolved.
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 Republic Bank & Trust Company originated?
- 84 loans totaling $28.3M. The portfolio carries a 13.7% charge-off rate, earning a “Average” risk rating.
- What is the charge-off rate and why does it matter?
- Charge-off rate = charge-offs / (charge-offs + paid-in-full). Across SBA 7(a) franchise lending, the national charge-off rate is 16.0% over 94,550 resolved loans.Portfolios materially above that signal either riskier franchise selection or weaker underwriting. Republic Bank & Trust Company's rate of 13.7% is below the national rate.
- 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 Republic Bank & Trust Company fund the most?
- The “Top franchise exposures” table above lists the brands Republic 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.