SB
SBA 7(a) franchise lending portfolio
Small Business Loan Source, LLC
GOOD risk
- Total loans
- 52
- Loan volume
- $49.3M
- Avg loan size
- $948K
- Charge-off rate
- 7.7%
- vs 15.4% national avg
Defaults
4
Avg interest
N/A
Franchises funded
29
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Super 8 Motel | 5 | $5.6M | 0.0% (low risk) |
| Best Western Inn | 4 | $4.2M | 50.0% (very high risk) |
| Howard Johnson | 4 | $4.6M | 0.0% (low risk) |
| Days Inn | 3 | $3.0M | 0.0% (low risk) |
| Microtel | 3 | $3.7M | 0.0% (low risk) |
| Schlotzsky's Sandwich Shop | 3 | $1.5M | 0.0% (low risk) |
| Sleep Inn Motel | 3 | $4.7M | 0.0% (low risk) |
| Comfort Inn | 2 | $2.4M | 0.0% (low risk) |
| Scottish Inns | 2 | $1.6M | 0.0% (low risk) |
| Subway Sandwich Shop | 2 | $2.0M | 50.0% (very high risk) |
| Kids R Kids | 2 | $2.7M | 0.0% (low risk) |
| Motel 6 | 2 | $2.4M | 0.0% (low risk) |
| Pizza Factory | 1 | $100K | 0.0% (low risk) |
| Dickey's Barbeque | 1 | $1.1M | 0.0% (low risk) |
| Grandy's | 1 | $950K | 100.0% (very high risk) |
| Aaron Rental Purchase | 1 | $400K | 0.0% (low risk) |
| Ramada Inn | 1 | $790K | 0.0% (low risk) |
| Firestone Tire & Rubber | 1 | $150K | 0.0% (low risk) |
| Dairy Queen | 1 | $545K | 0.0% (low risk) |
| Relax The Back Store | 1 | $100K | 0.0% (low risk) |
Lending volume by year
6'96
6'97
7'98
3'99
1'00
2'01
9'02
7'03
2'04
3'05
3'06
3'07
Small Business Loan Source, LLC charge-off rate by loan vintage
BrandNational avg
Geographic exposure
2313.0% (elevated risk)
333.3% (very high risk)
30.0% (low risk)
20.0% (low risk)
20.0% (low risk)
20.0% (low risk)
20.0% (low risk)
20.0% (low risk)
10.0% (low risk)
10.0% (low risk)
Portfolio summary
Total funded$49.3M
Defaults4 of 52
Risk tierGOOD
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 Small Business Loan Source, LLC originated?
- 52 loans totaling $49.3M. The portfolio carries a 7.7% charge-off rate, earning a “GOOD” 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 Small Business Loan Source, LLC fund the most?
- The “Top franchise exposures” table above lists the brands Small Business Loan Source, LLC has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.