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SBA 7(a) franchise lending portfolio
Starion Bank
EXCELLENT risk
- Total loans
- 29
- Loan volume
- $10.0M
- Avg loan size
- $345K
- Default rate
- 0.0%
- vs 15.4% national avg
Defaults
0
Avg interest
6.38%
Franchises funded
20
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Ace Hardware | 5 | $311K | 0.0% |
| Mrs. Fields Cookies | 2 | $70K | 0.0% |
| Firehouse Subs | 2 | $208K | 0.0% |
| Safe Ship | 2 | $95K | 0.0% |
| Acton Academy | 2 | $115K | — |
| The Medicine Shoppe | 2 | $325K | — |
| Sylvan Learning Center | 1 | $64K | 0.0% |
| Medicine Shoppe | 1 | $620K | 0.0% |
| Subway Sandwich Shop | 1 | $133K | 0.0% |
| Hometeam Inspection Service, I | 1 | $25K | 0.0% |
| BrightStar Senior Living | 1 | $654K | 0.0% |
| Jimmy John's | 1 | $477K | 0.0% |
| Sport Clips | 1 | $160K | 0.0% |
| The Pita Pit | 1 | $175K | 0.0% |
| Safe Ship | 1 | $30K | 0.0% |
| Waxing The City | 1 | $413K | — |
| Citgo Service Station | 1 | $4.5M | 0.0% |
| Big Apple Bagels | 1 | $77K | 0.0% |
| Little Caesar Pizza | 1 | $1.2M | 0.0% |
| Red's Savoy Pizza | 1 | $300K | — |
Lending volume by year
1'96
1'04
1'05
2'06
1'07
1'08
2'09
1'11
4'13
2'14
2'16
3'17
3'18
1'22
2'23
2'24
Geographic exposure
Portfolio summary
Total funded$10.0M
Defaults0 of 29
Risk tierEXCELLENT
Avg rate6.38%
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%).