SB
SBA 7(a) franchise lending portfolio
Small Business Loan Source, LLC
Risk rating: Good
- Total loans
- 52
- Loan volume
- $49.3M
- Avg loan size
- $948K
- Charge-off rate
- 7.7%
- vs 16.0% national
Charged off
4
Avg interest
N/A
Franchises funded
29
Risk rating
Good
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Super 8 Motel | 5 | $5.6M | N/A |
| Best Western Inn | 4 | $4.2M | N/A |
| Howard Johnson | 4 | $4.6M | N/A |
| Days Inn | 3 | $3.0M | N/A |
| Microtel | 3 | $3.7M | N/A |
| Schlotzsky's Sandwich Shop | 3 | $1.5M | N/A |
| Sleep Inn Motel | 3 | $4.7M | N/A |
| Comfort Inn | 2 | $2.4M | N/A |
| Scottish Inns | 2 | $1.6M | N/A |
| Subway Sandwich Shop | 2 | $2.0M | N/A |
| Kids R Kids | 2 | $2.7M | N/A |
| Motel 6 | 2 | $2.4M | N/A |
| Pizza Factory | 1 | $100K | N/A |
| Dickey's Barbeque | 1 | $1.1M | N/A |
| Grandy's | 1 | $950K | N/A |
| Aaron Rental Purchase | 1 | $400K | N/A |
| Ramada Inn | 1 | $790K | N/A |
| Firestone Tire & Rubber | 1 | $150K | N/A |
| Dairy Queen | 1 | $545K | N/A |
| Relax The Back Store | 1 | $100K | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1996 | 6 |
| FY1997 | 6 |
| FY1998 | 7 |
| FY1999 | 3 |
| FY2000 | 1 |
| FY2001 | 2 |
| FY2002 | 9 |
| FY2003 | 7 |
| FY2004 | 2 |
| FY2005 | 3 |
| FY2006 | 3 |
| FY2007 | 3 |
SBA 7(a) · charge-off rate by approval year
Small Business Loan Source, LLC charge-off rate by loan vintage
None of these 9 approval years has 10 or more resolved loans, too few to draw a trend. Each year’s numbers are in the table below.
Show the numbers by year
| Year | Resolved | Charged off | Rate |
|---|---|---|---|
| 1996 | 6 | 0 | Too few |
| 1997 | 6 | 1 | Too few |
| 1998 | 7 | 0 | Too few |
| 1999 | 3 | 2 | Too few |
| 2002 | 9 | 1 | Too few |
| 2003 | 7 | 0 | Too few |
| 2005 | 3 | 0 | Too few |
| 2006 | 3 | 0 | Too few |
| 2007 | 3 | 0 | Too few |
Source and method
SBA 7(a) FOIA loan records. Rate: charged-off loans over resolved loans (paid in full plus charged off) for loans approved that year; it moves as loans are resolved.
Geographic exposure
2313.0% (average)
3N/A
3N/A
2N/A
2N/A
2N/A
2N/A
2N/A
1N/A
1N/A
Portfolio summary
Total funded$49.3M
Charged off4 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). Across SBA 7(a) franchise lending, the national charge-off rate is 16.0% over 94,550 resolved loans.Portfolios materially above that signal either riskier franchise selection or weaker underwriting. Small Business Loan Source, LLC's rate of 7.7% is below the national rate.
- 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.