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SBA 7(a) franchise lending portfolio
SNB Bank, National Association
CRITICAL risk
- Total loans
- 13
- Loan volume
- $5.2M
- Avg loan size
- $399K
- Default rate
- 50.0%
- vs 15.4% national avg
Defaults
2
Avg interest
7.23%
Franchises funded
6
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Quantum Assurance Internationa | 5 | $1.7M | 66.7% |
| Crumbl | 4 | $2.2M | — |
| Farmers Insurance Agent Appoin | 1 | $300K | 0.0% |
| Line-X | 1 | $722K | — |
| FYZICAL | 1 | $95K | — |
| Dickey's Barbecue Pit | 1 | $126K | — |
Lending volume by year
1'21
8'22
4'23
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%).