SB
SBA 7(a) franchise lending portfolio
Santander Bank, National Association
GOOD risk
- Total loans
- 195
- Loan volume
- $29.0M
- Avg loan size
- $149K
- Charge-off rate
- 8.8%
- vs 15.4% national avg
Defaults
17
Avg interest
7.80%
Franchises funded
124
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Dunkin Donuts | 12 | $6.2M | 8.3% (moderate risk) |
| Subway Sandwich Shop | 10 | $1.1M | 0.0% (low risk) |
| Papa John's Pizza | 5 | $810K | 20.0% (very high risk) |
| Subway | 4 | $212K | 50.0% (very high risk) |
| Rita's Ice-Custard-Happiness | 4 | $153K | 0.0% (low risk) |
| Sunoco Service Station | 3 | $300K | 0.0% (low risk) |
| MAACO Auto Painting Center | 3 | $480K | 0.0% (low risk) |
| Sir Speedy Printing Center | 3 | $340K | 0.0% (low risk) |
| Rita's Real Italian Water Ice | 3 | $255K | 0.0% (low risk) |
| Minuteman Press | 3 | $384K | 0.0% (low risk) |
| Case Handyman | 3 | $350K | 0.0% (low risk) |
| Cold Stone Creamery, Inc. | 3 | $592K | 33.3% (very high risk) |
| Domino's Pizza | 3 | $249K | 0.0% (low risk) |
| World Gym & Fitness Center | 2 | $738K | 0.0% (low risk) |
| Learning Express | 2 | $200K | 0.0% (low risk) |
| Maids (the) | 2 | $610K | 0.0% (low risk) |
| Mr. Handyman | 2 | $60K | 0.0% (low risk) |
| Manhattan Bagel Co. | 2 | $257K | 0.0% (low risk) |
| Fast Frame | 2 | $270K | 0.0% (low risk) |
| Fitness Together | 2 | $65K | 0.0% (low risk) |
Lending volume by year
1'92
1
3
7
9
6'97
6
6
3
3
13'02
21
8
27
3
8'07
9
6
2
1
4'12
4
8
9
6
6'17
8
2
3
2'22
Santander Bank, National Association charge-off rate by loan vintage
BrandNational avg
Geographic exposure
786.4% (moderate risk)
439.3% (moderate risk)
3411.8% (elevated risk)
138.3% (moderate risk)
129.1% (moderate risk)
60.0% (low risk)
425.0% (very high risk)
20.0% (low risk)
10.0% (low risk)
1100.0% (very high risk)
Portfolio summary
Total funded$29.0M
Defaults17 of 195
Risk tierGOOD
Avg rate7.80%
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 Santander Bank, National Association originated?
- 195 loans totaling $29.0M. The portfolio carries a 8.8% charge-off rate, earning a “GOOD” 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 Santander Bank, National Association fund the most?
- The “Top franchise exposures” table above lists the brands Santander Bank, National Association has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.