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SBA 7(a) franchise lending portfolio
State Bank Northwest
AVERAGE risk
- Total loans
- 10
- Loan volume
- $4.2M
- Avg loan size
- $424K
- Default rate
- 11.1%
- vs 15.4% national avg
Defaults
1
Avg interest
5.81%
Franchises funded
9
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Huntington Learning Center | 2 | $275K | 50.0% |
| Dr. Vinyl (vinyl Uphol., Etc.) | 1 | $42K | 0.0% |
| Edo Japan | 1 | $675K | 0.0% |
| Worldwide Express | 1 | $52K | 0.0% |
| Batteries | 1 | $490K | 0.0% |
| Jiffy Lube | 1 | $790K | 0.0% |
| Sears Hometown Store | 1 | $105K | 0.0% |
| Batteries Plus | 1 | $450K | 0.0% |
| ProSource Wholesale | 1 | $1.4M | — |
Lending volume by year
1'01
2'02
1'03
2'04
1'10
1'13
1'14
1'21
Geographic exposure
912.5%
10.0%
Portfolio summary
Total funded$4.2M
Defaults1 of 10
Risk tierAVERAGE
Avg rate5.81%
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%).