SB
SBA 7(a) franchise lending portfolio
Security Bank USA
CRITICAL risk
- Total loans
- 16
- Loan volume
- $2.7M
- Avg loan size
- $171K
- Charge-off 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% (low risk) |
| Napa AutoCare Program Membersh | 2 | $1.1M | N/A |
| abc Seamless | 2 | $552K | N/A |
| Cold Stone Creamery, Inc. | 1 | $120K | 100.0% (very high risk) |
| Mr. Electric | 1 | $75K | 0.0% (low risk) |
| Snap Fitness | 1 | $81K | 0.0% (low risk) |
| Little Caesars | 1 | $240K | N/A |
| Fundraising University | 1 | $40K | N/A |
| Orton Oil Company, LLC (Petrol | 1 | $60K | N/A |
Lending volume by year
2'09
1'15
4'19
4'20
2'21
2'24
1'26
Geographic exposure
1620.0% (very high risk)
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
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 USA originated?
- 16 loans totaling $2.7M. The portfolio carries a 20.0% charge-off rate, earning a “CRITICAL” 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 USA fund the most?
- The “Top franchise exposures” table above lists the brands Security Bank USA has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.