SB
SBA 7(a) franchise lending portfolio
Security Bank
AVERAGE risk
- Total loans
- 41
- Loan volume
- $11.9M
- Avg loan size
- $290K
- Charge-off rate
- 14.3%
- vs 15.4% national avg
Defaults
4
Avg interest
5.55%
Franchises funded
25
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Temporary Franchises | 5 | $403K | 0.0% (low risk) |
| Billy Sims Bbq | 4 | $568K | 50.0% (very high risk) |
| Keyrenter Property Managment | 3 | $369K | 0.0% (low risk) |
| U.s. Lawns | 2 | $323K | 0.0% (low risk) |
| Cartridge Depot | 2 | $300K | 50.0% (very high risk) |
| Tropical Smoothie | 2 | $257K | 0.0% (low risk) |
| Subway Sandwich Shop | 2 | $315K | 0.0% (low risk) |
| Jersey Mike's | 2 | $406K | 0.0% (low risk) |
| Jinya Ramen Bar | 2 | $2.0M | N/A |
| Play It Again Sports | 2 | $380K | N/A |
| Professional Carpet Systems | 1 | $150K | 0.0% (low risk) |
| Tutor Doctor | 1 | $80K | 0.0% (low risk) |
| Subway | 1 | $325K | 100.0% (very high risk) |
| Jinya Ramen Bar | 1 | $261K | 0.0% (low risk) |
| Keyrenter Property Management | 1 | $80K | 0.0% (low risk) |
| Golden Corral | 1 | $722K | 0.0% (low risk) |
| Buddy's Home Furnishings | 1 | $540K | 0.0% (low risk) |
| Fleet Feet Sports | 1 | $200K | N/A |
| Golden Corral (restaurant) | 1 | $1.5M | 0.0% (low risk) |
| Dog Training Elite | 1 | $455K | N/A |
Lending volume by year
1'03
7'11
3'12
3'13
2'14
2'15
5'16
2'17
1'18
2'20
4'21
7'22
1'24
1'25
Security Bank charge-off rate by loan vintage
BrandNational avg
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 Security Bank originated?
- 41 loans totaling $11.9M. The portfolio carries a 14.3% 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 Security Bank fund the most?
- The “Top franchise exposures” table above lists the brands Security Bank has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.