SB
SBA 7(a) franchise lending portfolio
Southern Bank and Trust Company
ELEVATED risk
- Total loans
- 29
- Loan volume
- $6.8M
- Avg loan size
- $235K
- Charge-off rate
- 16.7%
- vs 15.4% national avg
Defaults
4
Avg interest
5.57%
Franchises funded
22
Risk rating
ELEVATED
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Subway Sandwich Shop | 3 | $562K | 0.0% (low risk) |
| Tropical Smoothie | 3 | $760K | 0.0% (low risk) |
| Quiznos | 2 | $185K | 0.0% (low risk) |
| Play N Trade | 2 | $220K | 0.0% (low risk) |
| Dunkin Donuts | 2 | $790K | 0.0% (low risk) |
| Zero's | 1 | $57K | 100.0% (very high risk) |
| Chesapeake Bagel Bakery | 1 | $392K | 0.0% (low risk) |
| Mail Boxes Etc. Usa | 1 | $120K | 0.0% (low risk) |
| Grand Rental Station | 1 | $190K | 100.0% (very high risk) |
| Great Wraps | 1 | $200K | 0.0% (low risk) |
| Minuteman Press | 1 | $150K | 0.0% (low risk) |
| Anytime Fitness | 1 | $85K | 0.0% (low risk) |
| Usa Baby | 1 | $454K | 100.0% (very high risk) |
| Dream Dinners | 1 | $250K | 100.0% (very high risk) |
| Ace Hardware | 1 | $225K | N/A |
| Cold Stone Creamery | 1 | $345K | N/A |
| Popeyes Louisiana Kitchen | 1 | $100K | 0.0% (low risk) |
| Popeye's Famous Fried Chicken | 1 | $285K | 0.0% (low risk) |
| Ace Hardware | 1 | $700K | 0.0% (low risk) |
| Superior Fence and Rail | 1 | $309K | N/A |
Lending volume by year
1'96
1'97
2'03
1'04
2'05
4'06
3'07
3'08
2'09
2'11
1'12
1'13
1'14
2'19
1'22
2'26
Southern Bank and Trust Company charge-off rate by loan vintage
BrandNational avg
Geographic exposure
1825.0% (very high risk)
110.0% (low risk)
Portfolio summary
Total funded$6.8M
Defaults4 of 29
Risk tierELEVATED
Avg rate5.57%
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 Southern Bank and Trust Company originated?
- 29 loans totaling $6.8M. The portfolio carries a 16.7% charge-off rate, earning a “ELEVATED” 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 Southern Bank and Trust Company fund the most?
- The “Top franchise exposures” table above lists the brands Southern Bank and Trust Company has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.