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SBA 7(a) franchise lending portfolio
Seacoast National Bank
ELEVATED risk
- Total loans
- 170
- Loan volume
- $86.7M
- Avg loan size
- $510K
- Default rate
- 16.7%
- vs 15.4% national avg
Defaults
18
Avg interest
7.46%
Franchises funded
113
Risk rating
ELEVATED
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Domino's | 12 | $10.4M | 0.0% |
| Hotworx | 9 | $3.1M | 0.0% |
| Planet Smoothie | 6 | $1.3M | 20.0% |
| Smoothie King | 6 | $2.1M | 0.0% |
| Dairy Queen | 3 | $528K | 0.0% |
| Zaxby's | 3 | $2.8M | 0.0% |
| NYPD Pizza | 3 | $1.6M | 0.0% |
| The Goddard School | 3 | $6.7M | — |
| Cookies By Design | 2 | $600K | 50.0% |
| Dunkin Donuts | 2 | $935K | 0.0% |
| Homes & Land (magazine) | 2 | $873K | 0.0% |
| AAMCO Transmissions | 2 | $317K | 0.0% |
| Mail Boxes Etc. Usa | 2 | $395K | 0.0% |
| Rita's Real Italian Water Ice | 2 | $143K | 0.0% |
| UPS Store | 2 | $260K | 0.0% |
| Subway Sandwich Shop | 2 | $984K | 50.0% |
| Huey Magoo's Chicken Tenders | 2 | $1.5M | 0.0% |
| MaidPro | 2 | $515K | 100.0% |
| Estrella Insurance | 2 | $703K | 0.0% |
| F45 Training | 2 | $487K | 0.0% |
Lending volume by year
1'92
1
3
2
5
4'97
2
3
1
1
3'04
3
5
6
1
1'09
1
1
3
2
4'15
5
5
18
24
13'20
14
12
6
13
7'25
Seacoast National Bank default rate by loan vintage
BrandNational avg
Geographic exposure
11418.2%
100.0%
50.0%
40.0%
40.0%
30.0%
30.0%
2—
Portfolio summary
Total funded$86.7M
Defaults18 of 170
Risk tierELEVATED
Avg rate7.46%
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%).