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SBA 7(a) franchise lending portfolio
Security Bank USA
CRITICAL risk
- Total loans
- 16
- Loan volume
- $2.7M
- Avg loan size
- $171K
- Default rate
- 20.0%
- vs 15.4% national avg
Defaults
1
Avg interest
6.53%
Franchises funded
9
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Snap Fitness | 6 | $427K | 0.0% |
| Napa AutoCare Program Membersh | 2 | $1.1M | — |
| abc Seamless | 2 | $552K | — |
| Cold Stone Creamery, Inc. | 1 | $120K | 100.0% |
| Mr. Electric | 1 | $75K | 0.0% |
| Snap Fitness | 1 | $81K | 0.0% |
| Little Caesars | 1 | $240K | — |
| Fundraising University | 1 | $40K | — |
| Orton Oil Company, LLC (Petrol | 1 | $60K | — |
Lending volume by year
2'09
1'15
4'19
4'20
2'21
2'24
1'26
Geographic exposure
1620.0%
Portfolio summary
Total funded$2.7M
Defaults1 of 16
Risk tierCRITICAL
Avg rate6.53%
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%).