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SBA 7(a) franchise lending portfolio
Security Bank
AVERAGE risk
- Total loans
- 41
- Loan volume
- $11.9M
- Avg loan size
- $290K
- Default 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% |
| Billy Sims Bbq | 4 | $568K | 50.0% |
| Keyrenter Property Managment | 3 | $369K | 0.0% |
| U.s. Lawns | 2 | $323K | 0.0% |
| Cartridge Depot | 2 | $300K | 50.0% |
| Tropical Smoothie | 2 | $257K | 0.0% |
| Subway Sandwich Shop | 2 | $315K | 0.0% |
| Jersey Mike's | 2 | $406K | 0.0% |
| Jinya Ramen Bar | 2 | $2.0M | — |
| Play It Again Sports | 2 | $380K | — |
| Professional Carpet Systems | 1 | $150K | 0.0% |
| Tutor Doctor | 1 | $80K | 0.0% |
| Subway | 1 | $325K | 100.0% |
| Jinya Ramen Bar | 1 | $261K | 0.0% |
| Keyrenter Property Management | 1 | $80K | 0.0% |
| Golden Corral | 1 | $722K | 0.0% |
| Buddy's Home Furnishings | 1 | $540K | 0.0% |
| Fleet Feet Sports | 1 | $200K | — |
| Golden Corral (restaurant) | 1 | $1.5M | 0.0% |
| Dog Training Elite | 1 | $455K | — |
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 default rate by loan vintage
BrandNational avg
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%).