SB
SBA 7(a) franchise lending portfolio
SouthPoint Bank
EXCELLENT risk
- Total loans
- 16
- Loan volume
- $17.5M
- Avg loan size
- $1.1M
- Charge-off rate
- 0.0%
- vs 15.4% national avg
Defaults
0
Avg interest
7.06%
Franchises funded
13
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| The UPS Store (f/k/a Mail Box | 2 | $770K | N/A |
| European Wax Center | 2 | $1.3M | N/A |
| Sleep Inn by Choice Hotels/Sle | 2 | $8.3M | 0.0% (low risk) |
| TruBlue | 1 | $249K | N/A |
| Your Kid’s Urgent Care | 1 | $661K | 0.0% (low risk) |
| Hotworx | 1 | $316K | 0.0% (low risk) |
| Planet Smoothie | 1 | $297K | N/A |
| Fish Window Cleaning Services | 1 | $564K | N/A |
| Aqua-Tots Swim Schools | 1 | $1.4M | N/A |
| Koala Insulation | 1 | $335K | N/A |
| Scooter's Coffee | 1 | $83K | 0.0% (low risk) |
| Clean Juice | 1 | $395K | N/A |
| Days Inn by Wyndham | 1 | $2.9M | N/A |
Lending volume by year
3'21
7'22
1'23
4'24
1'25
Geographic exposure
Portfolio summary
Total funded$17.5M
Defaults0 of 16
Risk tierEXCELLENT
Avg rate7.06%
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 SouthPoint Bank originated?
- 16 loans totaling $17.5M. The portfolio carries a 0.0% charge-off rate, earning a “EXCELLENT” 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 SouthPoint Bank fund the most?
- The “Top franchise exposures” table above lists the brands SouthPoint Bank has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.