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SBA 7(a) franchise lending portfolio
State Bank of Texas
CRITICAL risk
- Total loans
- 60
- Loan volume
- $35.1M
- Avg loan size
- $585K
- Default rate
- 32.7%
- vs 15.4% national avg
Defaults
18
Avg interest
5.76%
Franchises funded
37
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Subway Sandwich Shop | 13 | $1.6M | 0.0% |
| Dunkin Donuts | 3 | $1.3M | 0.0% |
| Roly Poly Rolled Sandwiches | 3 | $182K | 66.7% |
| Jackson Hewitt Tax Service | 3 | $1.2M | 66.7% |
| Econo Lodge by Choice Hotels/E | 3 | $3.0M | 0.0% |
| Tires Plus | 2 | $350K | 0.0% |
| The Original Just Turkey Resta | 2 | $127K | 100.0% |
| Quality Inn by Choice Hotels / | 2 | $7.6M | — |
| Howard Johnson | 1 | $1.6M | 0.0% |
| Elliott's Off-Broadway Deli | 1 | $60K | 0.0% |
| All Tune And Lube | 1 | $100K | 100.0% |
| Quality Inn | 1 | $975K | 0.0% |
| Burger King | 1 | $375K | 0.0% |
| Travelodge | 1 | $300K | 0.0% |
| Knights Inn | 1 | $1.0M | 100.0% |
| Blimpie | 1 | $29K | 100.0% |
| Microtel | 1 | $1.0M | 100.0% |
| Wings To Go | 1 | $268K | 100.0% |
| Candy Express | 1 | $290K | 0.0% |
| Kawasaki | 1 | $150K | 0.0% |
Lending volume by year
1'93
1'94
1'96
8'97
3'98
4'99
3'00
2'02
8'03
5'04
5'05
5'06
2'07
1'08
1'13
1'14
8'21
1'22
State Bank of Texas default rate by loan vintage
BrandNational avg
Geographic exposure
3442.4%
1421.4%
1—
10.0%
1—
10.0%
10.0%
10.0%
1100.0%
1—
Portfolio summary
Total funded$35.1M
Defaults18 of 60
Risk tierCRITICAL
Avg rate5.76%
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%).