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SBA 7(a) franchise lending portfolio
S & T Bank
EXCELLENT risk
- Total loans
- 22
- Loan volume
- $4.6M
- Avg loan size
- $210K
- Default rate
- 4.8%
- vs 15.4% national avg
Defaults
1
Avg interest
5.58%
Franchises funded
13
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Rita's Ice-Custard-Happiness | 4 | $1.1M | 0.0% |
| Friendly's Restaurants | 3 | $1.3M | 0.0% |
| Subway Sandwich Shop | 2 | $270K | 50.0% |
| Servpro | 2 | $472K | 0.0% |
| Temporary Franchises | 2 | $154K | 0.0% |
| Rita's Real Italian Water Ice | 2 | $500K | 0.0% |
| Edible Arrangements | 1 | $160K | 0.0% |
| Bruster's | 1 | $125K | 0.0% |
| Roly Poly | 1 | $15K | 0.0% |
| Maid Brigade | 1 | $85K | 0.0% |
| Primohoagies | 1 | $215K | 0.0% |
| Fox's Pizza Den | 1 | $45K | — |
| Papa John's Pizza | 1 | $264K | 0.0% |
Lending volume by year
1'02
1'03
2'04
1'06
1'08
4'09
3'12
1'13
4'14
1'15
3'16
S & T Bank default rate by loan vintage
BrandNational avg
Geographic exposure
205.3%
20.0%
Portfolio summary
Total funded$4.6M
Defaults1 of 22
Risk tierEXCELLENT
Avg rate5.58%
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%).