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SBA 7(a) franchise lending portfolio
SAFE CU
AVERAGE risk
- Total loans
- 11
- Loan volume
- $2.3M
- Avg loan size
- $209K
- Default rate
- 10.0%
- vs 15.4% national avg
Defaults
1
Avg interest
7.52%
Franchises funded
9
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Massage Envy | 2 | $55K | 0.0% |
| Jackson Hewitt Tax Service | 2 | $96K | 0.0% |
| Cold Stone Creamery, Inc. | 1 | $35K | 0.0% |
| Howard Johnson | 1 | $1.4M | 0.0% |
| Wienerschnitzel | 1 | $30K | 0.0% |
| Big O Tires | 1 | $30K | 100.0% |
| Mountain Mike's Pizza | 1 | $185K | 0.0% |
| Liberty Tax Service | 1 | $10K | 0.0% |
| Dutch Bros. | 1 | $448K | — |
Lending volume by year
1'09
4'11
3'12
1'13
1'16
1'18
Geographic exposure
1110.0%
Portfolio summary
Total funded$2.3M
Defaults1 of 11
Risk tierAVERAGE
Avg rate7.52%
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%).