SBA 7(a) franchise lending portfolio
Santander Bank, National Association
- Total loans
- 195
- Loan volume
- $29.0M
- Avg loan size
- $149K
- Charge-off rate
- 8.8%
- vs 16.0% national
Charged off
17
Avg interest
7.80%
Franchises funded
124
Risk rating
Good
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Subway Sandwich Shop | 14 | $1.3M | 14.3% (average) |
| Dunkin Donuts | 12 | $6.2M | 8.3% (good) |
| Papa John's Pizza | 5 | $810K | N/A |
| Rita's Ice-Custard-Happiness | 4 | $153K | N/A |
| Sunoco Service Station | 3 | $300K | N/A |
| MAACO Auto Painting Center | 3 | $480K | N/A |
| Sir Speedy Printing Center | 3 | $340K | N/A |
| Rita's Real Italian Water Ice | 3 | $255K | N/A |
| Minuteman Press | 3 | $384K | N/A |
| Case Handyman | 3 | $350K | N/A |
| Cold Stone Creamery, Inc. | 3 | $592K | N/A |
| Domino's Pizza | 3 | $249K | N/A |
| World Gym & Fitness Center | 2 | $738K | N/A |
| Learning Express | 2 | $200K | N/A |
| Maids (the) | 2 | $610K | N/A |
| Mr. Handyman | 2 | $60K | N/A |
| Manhattan Bagel Co. | 2 | $257K | N/A |
| Fast Frame | 2 | $270K | N/A |
| Fitness Together | 2 | $65K | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1992 | 1 |
| FY1993 | 1 |
| FY1994 | 3 |
| FY1995 | 7 |
| FY1996 | 9 |
| FY1997 | 6 |
| FY1998 | 6 |
| FY1999 | 6 |
| FY2000 | 3 |
| FY2001 | 3 |
| FY2002 | 13 |
| FY2003 | 21 |
| FY2004 | 8 |
| FY2005 | 27 |
| FY2006 | 3 |
| FY2007 | 8 |
| FY2008 | 9 |
| FY2009 | 6 |
| FY2010 | 2 |
| FY2011 | 1 |
| FY2012 | 4 |
| FY2013 | 4 |
| FY2014 | 8 |
| FY2015 | 9 |
| FY2016 | 6 |
| FY2017 | 6 |
| FY2018 | 8 |
| FY2019 | 2 |
| FY2020 | 3 |
| FY2022 | 2 |
SBA 7(a) · charge-off rate by approval year
Santander Bank, National Association: below all franchise loans in each of the 3 rated years
Hollow rings on the axis: years with fewer than 10 resolved loans, not rated (too few to judge; recent years are too early to judge while loans are still being repaid). Their numbers are in the table.
Show the numbers by year
| Year | Resolved | Charged off | Rate |
|---|---|---|---|
| 1994 | 3 | 0 | Too few |
| 1995 | 7 | 0 | Too few |
| 1996 | 9 | 0 | Too few |
| 1997 | 6 | 0 | Too few |
| 1998 | 6 | 0 | Too few |
| 1999 | 6 | 0 | Too few |
| 2000 | 3 | 0 | Too few |
| 2001 | 3 | 0 | Too few |
| 2002 | 13 | 0 | 0.0% |
| 2003 | 21 | 1 | 4.8% |
| 2004 | 8 | 1 | Too few |
| 2005 | 27 | 4 | 14.8% |
| 2006 | 3 | 0 | Too few |
| 2007 | 8 | 3 | Too few |
| 2008 | 9 | 2 | Too few |
| 2009 | 6 | 0 | Too few |
| 2012 | 4 | 0 | Too few |
| 2013 | 4 | 1 | Too few |
| 2014 | 8 | 1 | Too few |
| 2015 | 9 | 1 | Too few |
| 2016 | 6 | 0 | Too few |
| 2017 | 6 | 0 | Too few |
| 2018 | 8 | 2 | Too few |
| 2020 | 3 | 0 | Too early |
Dashed line: all franchise 7(a) loans approved the same year.
Source and method
Geographic exposure
Portfolio summary
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). Across SBA 7(a) franchise lending, the national charge-off rate is 16.0% over 94,550 resolved loans.Portfolios materially above that signal either riskier franchise selection or weaker underwriting. Santander Bank, National Association's rate of 8.8% is below the national rate.
- 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.