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SBA 7(a) franchise lending portfolio
Small Business Bank
CRITICAL risk
- Total loans
- 17
- Loan volume
- $3.2M
- Avg loan size
- $189K
- Default rate
- 23.1%
- vs 15.4% national avg
Defaults
3
Avg interest
7.85%
Franchises funded
12
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Jani-King (janitor's Service) | 3 | $677K | 0.0% |
| Goodcents | 3 | $551K | 0.0% |
| PaPPo's Pizzeria & Pub | 2 | $853K | 0.0% |
| Subway Sandwich Shop | 1 | $79K | 100.0% |
| Mr. Goodcents Sub' And Pasta | 1 | $106K | 0.0% |
| Taco Via | 1 | $150K | 100.0% |
| Quiznos | 1 | $120K | 100.0% |
| Jani-King | 1 | $50K | 0.0% |
| Jefferson's | 1 | $244K | 0.0% |
| National Property Inspections | 1 | $202K | — |
| Goosehead Insurance | 1 | $103K | 0.0% |
| Fajita Pete's | 1 | $80K | — |
Lending volume by year
1'95
1'02
2'04
2'05
1'13
1'15
1'18
2'19
1'21
1'22
3'23
1'24
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%).