S&
SBA 7(a) franchise lending portfolio
S & T Bank
EXCELLENT risk
- Total loans
- 22
- Loan volume
- $4.6M
- Avg loan size
- $210K
- Charge-off 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% (low risk) |
| Friendly's Restaurants | 3 | $1.3M | 0.0% (low risk) |
| Subway Sandwich Shop | 2 | $270K | 50.0% (very high risk) |
| Servpro | 2 | $472K | 0.0% (low risk) |
| Temporary Franchises | 2 | $154K | 0.0% (low risk) |
| Rita's Real Italian Water Ice | 2 | $500K | 0.0% (low risk) |
| Edible Arrangements | 1 | $160K | 0.0% (low risk) |
| Bruster's | 1 | $125K | 0.0% (low risk) |
| Roly Poly | 1 | $15K | 0.0% (low risk) |
| Maid Brigade | 1 | $85K | 0.0% (low risk) |
| Primohoagies | 1 | $215K | 0.0% (low risk) |
| Fox's Pizza Den | 1 | $45K | N/A |
| Papa John's Pizza | 1 | $264K | 0.0% (low risk) |
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 charge-off rate by loan vintage
BrandNational avg
Geographic exposure
205.3% (moderate risk)
20.0% (low risk)
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
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 S & T Bank originated?
- 22 loans totaling $4.6M. The portfolio carries a 4.8% charge-off rate, earning a “EXCELLENT” 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 S & T Bank fund the most?
- The “Top franchise exposures” table above lists the brands S & T Bank has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.