SC
SBA 7(a) franchise lending portfolio
South Central Bank, Inc.
CRITICAL risk
- Total loans
- 17
- Loan volume
- $5.3M
- Avg loan size
- $310K
- Charge-off rate
- 33.3%
- vs 15.4% national avg
Defaults
4
Avg interest
6.07%
Franchises funded
15
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Subway Sandwich Shop | 2 | $160K | 50.0% (very high risk) |
| Great Harvest Bread Co. | 2 | $250K | 50.0% (very high risk) |
| Marble Slab Creamery | 1 | $765K | 100.0% (very high risk) |
| Merle Norman Cosmetics | 1 | $82K | 0.0% (low risk) |
| Quiznos | 1 | $212K | 100.0% (very high risk) |
| Tumbleweed Mexican Food | 1 | $40K | 0.0% (low risk) |
| Fedex | 1 | $41K | 0.0% (low risk) |
| Snap Fitness | 1 | $135K | 0.0% (low risk) |
| Stanley's Steamer Carpet Clean | 1 | $414K | 0.0% (low risk) |
| Subway | 1 | $85K | 0.0% (low risk) |
| Fuel Fortress | 1 | $644K | N/A |
| Auntie Anne's | 1 | $500K | N/A |
| Pigtails & Crewcuts | 1 | $200K | N/A |
| Servpro | 1 | $1.0M | N/A |
| Stanley Steemer | 1 | $740K | N/A |
Lending volume by year
2'03
1'05
2'07
1'08
1'09
2'10
2'13
1'15
2'21
2'23
1'25
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 South Central Bank, Inc. originated?
- 17 loans totaling $5.3M. The portfolio carries a 33.3% 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 South Central Bank, Inc. fund the most?
- The “Top franchise exposures” table above lists the brands South Central Bank, Inc. has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.