SC
SBA 7(a) franchise lending portfolio
SAFE CU
AVERAGE risk
- Total loans
- 11
- Loan volume
- $2.3M
- Avg loan size
- $209K
- Charge-off 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% (low risk) |
| Jackson Hewitt Tax Service | 2 | $96K | 0.0% (low risk) |
| Cold Stone Creamery, Inc. | 1 | $35K | 0.0% (low risk) |
| Howard Johnson | 1 | $1.4M | 0.0% (low risk) |
| Wienerschnitzel | 1 | $30K | 0.0% (low risk) |
| Big O Tires | 1 | $30K | 100.0% (very high risk) |
| Mountain Mike's Pizza | 1 | $185K | 0.0% (low risk) |
| Liberty Tax Service | 1 | $10K | 0.0% (low risk) |
| Dutch Bros. | 1 | $448K | N/A |
Lending volume by year
1'09
4'11
3'12
1'13
1'16
1'18
Geographic exposure
1110.0% (elevated risk)
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
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 SAFE CU originated?
- 11 loans totaling $2.3M. The portfolio carries a 10.0% 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). 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 SAFE CU fund the most?
- The “Top franchise exposures” table above lists the brands SAFE CU has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.