SM
SBA 7(a) franchise lending portfolio
SMBC MANUBANK
Risk rating: Average
- Total loans
- 57
- Loan volume
- $20.7M
- Avg loan size
- $363K
- Charge-off rate
- 12.2%
- vs 16.0% national
Charged off
5
Avg interest
6.45%
Franchises funded
30
Risk rating
Average
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Subway | 15 | $3.1M | 16.7% (elevated) |
| Blaze Pizza | 10 | $6.5M | N/A |
| Waba Grill Teriyaki House | 3 | $676K | N/A |
| The Flame Broiler | 3 | $561K | N/A |
| The Pizza Press | 2 | $690K | N/A |
| Menchie's | 2 | $502K | N/A |
| Massage Envy | 2 | $654K | N/A |
| Curves For Women | 1 | $67K | N/A |
| Homewatch Caregivers | 1 | $60K | N/A |
| Cartridge World | 1 | $125K | N/A |
| Vert Peak Fitness Center | 1 | $110K | N/A |
| Pinkberry | 1 | $149K | N/A |
| The Pie Hole | 1 | $240K | N/A |
| Nurse Next Door | 1 | $205K | N/A |
| Earl of Sandwich | 1 | $302K | N/A |
| Del Taco | 1 | $345K | N/A |
| Dickey's Barbecue Pit | 1 | $150K | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY2005 | 1 |
| FY2006 | 3 |
| FY2010 | 1 |
| FY2013 | 1 |
| FY2014 | 2 |
| FY2015 | 5 |
| FY2016 | 10 |
| FY2017 | 13 |
| FY2018 | 12 |
| FY2019 | 6 |
| FY2021 | 1 |
| FY2022 | 1 |
| FY2023 | 1 |
SBA 7(a) · charge-off rate by approval year
SMBC MANUBANK charge-off rate by loan vintage
Only 1 of these 6 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 |
|---|---|---|---|
| 2006 | 3 | 1 | Too few |
| 2015 | 5 | 0 | Too few |
| 2016 | 5 | 0 | Too few |
| 2017 | 10 | 1 | 10.0% |
| 2018 | 8 | 0 | Too few |
| 2019 | 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
5712.2% (average)
Portfolio summary
Total funded$20.7M
Charged off5 of 57
Risk tierAverage
Avg rate6.45%
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 SMBC MANUBANK originated?
- 57 loans totaling $20.7M. The portfolio carries a 12.2% 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). 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. SMBC MANUBANK's rate of 12.2% 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 SMBC MANUBANK fund the most?
- The “Top franchise exposures” table above lists the brands SMBC MANUBANK has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.