SB
SBA 7(a) franchise lending portfolio
Source Business and Industrial Development Corpora
CRITICAL risk
- Total loans
- 25
- Loan volume
- $6.6M
- Avg loan size
- $264K
- Charge-off rate
- 28.0%
- vs 15.4% national avg
Defaults
7
Avg interest
N/A
Franchises funded
14
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Planet Beach | 7 | $964K | 42.9% (very high risk) |
| Sicily's Pizza | 6 | $2.3M | 0.0% (low risk) |
| Great Harvest Bread Co. | 1 | $115K | 0.0% (low risk) |
| Las Vegas Discount Golf & Tenn | 1 | $475K | 100.0% (very high risk) |
| Dairy Queen | 1 | $160K | 100.0% (very high risk) |
| Maytag Home Appliance Center | 1 | $99K | 0.0% (low risk) |
| Armstrong Mccall | 1 | $60K | 0.0% (low risk) |
| Domino's Pizza | 1 | $550K | 0.0% (low risk) |
| Precision Tune | 1 | $75K | 100.0% (very high risk) |
| General Nutrition Center | 1 | $175K | 0.0% (low risk) |
| Plato's Closet | 1 | $131K | 0.0% (low risk) |
| The UPS Store | 1 | $125K | 0.0% (low risk) |
| Roly Poly Rolled Sandwiches | 1 | $50K | 100.0% (very high risk) |
| Deangelo's Pizzeria Company | 1 | $1.3M | 0.0% (low risk) |
Lending volume by year
1'95
2'97
1'98
3'99
1'00
3'01
6'02
6'03
2'04
Source Business and Industrial Development Corpora charge-off rate by loan vintage
BrandNational avg
Geographic exposure
1931.6% (very high risk)
616.7% (high risk)
Portfolio summary
Total funded$6.6M
Defaults7 of 25
Risk tierCRITICAL
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 Source Business and Industrial Development Corpora originated?
- 25 loans totaling $6.6M. The portfolio carries a 28.0% charge-off rate, earning a “CRITICAL” 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 Source Business and Industrial Development Corpora fund the most?
- The “Top franchise exposures” table above lists the brands Source Business and Industrial Development Corpora has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.