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SBA 7(a) franchise lending portfolio
SouthPoint Bank
EXCELLENT risk
- Total loans
- 16
- Loan volume
- $17.5M
- Avg loan size
- $1.1M
- Default 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 | — |
| European Wax Center | 2 | $1.3M | — |
| Sleep Inn by Choice Hotels/Sle | 2 | $8.3M | 0.0% |
| TruBlue | 1 | $249K | — |
| Your Kid’s Urgent Care | 1 | $661K | 0.0% |
| Hotworx | 1 | $316K | 0.0% |
| Planet Smoothie | 1 | $297K | — |
| Fish Window Cleaning Services | 1 | $564K | — |
| Aqua-Tots Swim Schools | 1 | $1.4M | — |
| Koala Insulation | 1 | $335K | — |
| Scooter's Coffee | 1 | $83K | 0.0% |
| Clean Juice | 1 | $395K | — |
| Days Inn by Wyndham | 1 | $2.9M | — |
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
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%).