SB
SBA 7(a) franchise lending portfolio
Simmons Bank
AVERAGE risk
- Total loans
- 1,888
- Loan volume
- $616.6M
- Avg loan size
- $327K
- Charge-off rate
- 13.6%
- vs 15.4% national avg
Defaults
215
Avg interest
6.26%
Franchises funded
424
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Sport Clips | 187 | $40.6M | 10.3% (elevated risk) |
| European Wax Center | 171 | $59.8M | 1.3% (low risk) |
| Sports Clips | 143 | $26.2M | 0.7% (low risk) |
| Amazing Lash Studio | 69 | $24.8M | 16.9% (high risk) |
| European Wax Center | 65 | $22.9M | 4.7% (low risk) |
| Club Pilates | 48 | $12.6M | 0.0% (low risk) |
| Servpro | 41 | $9.3M | 0.0% (low risk) |
| The Joint...The Chiropractic P | 41 | $9.8M | 13.3% (elevated risk) |
| Massage Heights | 31 | $9.2M | 17.2% (high risk) |
| Club Pilates | 29 | $6.1M | 0.0% (low risk) |
| Amazing Lash Studio | 26 | $11.9M | 16.7% (high risk) |
| SportClips | 24 | $5.4M | 10.0% (elevated risk) |
| The Joint...the Chiropractic P | 21 | $3.6M | 0.0% (low risk) |
| Massage Envy | 20 | $8.1M | 11.1% (elevated risk) |
| Subway Sandwich Shop | 19 | $2.9M | 26.3% (very high risk) |
| New York Bagel Shop & Delicate | 18 | $2.5M | 44.4% (very high risk) |
| European Wax Centers-Galleria | 18 | $4.8M | 0.0% (low risk) |
| Modern Acupuncture | 16 | $4.6M | 27.3% (very high risk) |
| Orange Theory Fitness | 15 | $7.2M | 0.0% (low risk) |
| Wingstop | 14 | $4.8M | 0.0% (low risk) |
Lending volume by year
5'92
6
15
16
17
12'97
12
15
8
10
21'02
12
14
23
20
26'07
22
47
77
39
70'12
69
140
228
207
245'17
249
148
58
25
16'22
12
2
2'25
Simmons Bank charge-off rate by loan vintage
BrandNational avg
Shaded area: recent vintages with few resolved loans; rates may change as loans mature.
Geographic exposure
Portfolio summary
Total funded$616.6M
Defaults215 of 1,888
Risk tierAVERAGE
Avg rate6.26%
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 Simmons Bank originated?
- 1,888 loans totaling $616.6M. The portfolio carries a 13.6% 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 Simmons Bank fund the most?
- The “Top franchise exposures” table above lists the brands Simmons 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.