SB
SBA 7(a) franchise lending portfolio
State Bank
CRITICAL risk
- Total loans
- 32
- Loan volume
- $6.9M
- Avg loan size
- $215K
- Charge-off rate
- 22.2%
- vs 15.4% national avg
Defaults
6
Avg interest
5.99%
Franchises funded
25
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Marco's Pizza | 3 | $945K | 66.7% (very high risk) |
| Curves For Women | 2 | $170K | 50.0% (very high risk) |
| Orange Leaf | 2 | $450K | 50.0% (very high risk) |
| Dickey's Barbecue Pit | 2 | $149K | 0.0% (low risk) |
| Anytime Fitness | 2 | $509K | 0.0% (low risk) |
| Ziggi's Coffee | 2 | $1.3M | N/A |
| Piccadilly Circus | 1 | $18K | 0.0% (low risk) |
| A-1 Concrete Leveling, Inc. | 1 | $84K | 0.0% (low risk) |
| Quiznos | 1 | $85K | 0.0% (low risk) |
| Holiday Inn Express | 1 | $100K | 0.0% (low risk) |
| Little Gym | 1 | $194K | 0.0% (low risk) |
| Victory Lane Quick Oil Change | 1 | $50K | 100.0% (very high risk) |
| Camille's Sidewalk Cafe | 1 | $215K | 100.0% (very high risk) |
| Midas | 1 | $120K | 0.0% (low risk) |
| Ben's Soft Pretzels | 1 | $80K | 0.0% (low risk) |
| Midas | 1 | $275K | N/A |
| Club Pilates | 1 | $125K | 0.0% (low risk) |
| Ilovekickboxing.com | 1 | $150K | N/A |
| A-1 Concrete Leveling | 1 | $40K | 0.0% (low risk) |
| Game Truck | 1 | $43K | 0.0% (low risk) |
Lending volume by year
1'95
2'04
3'06
2'08
1'09
2'10
4'11
3'12
3'13
2'14
2'16
1'17
2'18
1'19
1'22
2'23
State Bank charge-off rate by loan vintage
BrandNational avg
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 State Bank originated?
- 32 loans totaling $6.9M. The portfolio carries a 22.2% 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 State Bank fund the most?
- The “Top franchise exposures” table above lists the brands State 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.