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SBA 7(a) franchise lending portfolio
Small Business Loan Source, LLC
GOOD risk
- Total loans
- 52
- Loan volume
- $49.3M
- Avg loan size
- $948K
- Default rate
- 7.7%
- vs 15.4% national avg
Defaults
4
Avg interest
—
Franchises funded
29
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Super 8 Motel | 5 | $5.6M | 0.0% |
| Best Western Inn | 4 | $4.2M | 50.0% |
| Howard Johnson | 4 | $4.6M | 0.0% |
| Days Inn | 3 | $3.0M | 0.0% |
| Microtel | 3 | $3.7M | 0.0% |
| Schlotzsky's Sandwich Shop | 3 | $1.5M | 0.0% |
| Sleep Inn Motel | 3 | $4.7M | 0.0% |
| Comfort Inn | 2 | $2.4M | 0.0% |
| Scottish Inns | 2 | $1.6M | 0.0% |
| Subway Sandwich Shop | 2 | $2.0M | 50.0% |
| Kids R Kids | 2 | $2.7M | 0.0% |
| Motel 6 | 2 | $2.4M | 0.0% |
| Pizza Factory | 1 | $100K | 0.0% |
| Dickey's Barbeque | 1 | $1.1M | 0.0% |
| Grandy's | 1 | $950K | 100.0% |
| Aaron Rental Purchase | 1 | $400K | 0.0% |
| Ramada Inn | 1 | $790K | 0.0% |
| Firestone Tire & Rubber | 1 | $150K | 0.0% |
| Dairy Queen | 1 | $545K | 0.0% |
| Relax The Back Store | 1 | $100K | 0.0% |
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 default rate by loan vintage
BrandNational avg
Geographic exposure
2313.0%
333.3%
30.0%
20.0%
20.0%
20.0%
20.0%
20.0%
10.0%
10.0%
Portfolio summary
Total funded$49.3M
Defaults4 of 52
Risk tierGOOD
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%).