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SBA 7(a) franchise lending portfolio
State Bank Financial
GOOD risk
- Total loans
- 21
- Loan volume
- $5.5M
- Avg loan size
- $264K
- Default rate
- 5.3%
- vs 15.4% national avg
Defaults
1
Avg interest
5.98%
Franchises funded
14
Risk rating
GOOD
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Anytime Fitness | 3 | $510K | 0.0% |
| Servpro | 2 | $772K | 0.0% |
| Once Upon A Child | 2 | $452K | 0.0% |
| Style Encore | 2 | $248K | 0.0% |
| Beef Jerky Outlet Franchise | 2 | $360K | 50.0% |
| La Vida Massage | 2 | $236K | 0.0% |
| State Farm Insurance | 1 | $70K | 0.0% |
| 360clean | 1 | $30K | 0.0% |
| Plato's Closet | 1 | $280K | 0.0% |
| Papa Murphy's Take & Bake Pizz | 1 | $100K | 0.0% |
| 360clean | 1 | $75K | — |
| Fantastic Sams | 1 | $60K | 0.0% |
| Five Guys Famous Burgers And F | 1 | $300K | 0.0% |
| Harley Davidson - Motor Cycle | 1 | $2.0M | — |
Lending volume by year
1'07
2'09
1'10
2'11
1'12
2'13
5'14
2'15
1'16
2'17
1'19
1'21
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%).