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SBA 7(a) franchise lending portfolio
Stone Bank
CRITICAL risk
- Total loans
- 36
- Loan volume
- $34.9M
- Avg loan size
- $971K
- Default rate
- 39.1%
- vs 15.4% national avg
Defaults
9
Avg interest
7.42%
Franchises funded
30
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Burgerim | 4 | $3.6M | 50.0% |
| Apple SpiceTM | 3 | $1.1M | 100.0% |
| Just Insurance Brokers | 2 | $185K | — |
| RockBox Fitness | 1 | $282K | — |
| Code Ninjas | 1 | $320K | 0.0% |
| The Great Greek Mediterranean | 1 | $565K | 0.0% |
| Twisted Root Burger Co. | 1 | $904K | — |
| Sunoco, LLC (Various Brands) F | 1 | $1.1M | 0.0% |
| Fantastic Sams | 1 | $304K | 100.0% |
| Meineke Car Care Center | 1 | $238K | 0.0% |
| NerdsToGo | 1 | $220K | 0.0% |
| Mayweather Boxing & Fitness | 1 | $292K | 100.0% |
| Wayback Burgers | 1 | $317K | 100.0% |
| The Salad Station | 1 | $162K | 0.0% |
| Burgerim | 1 | $427K | 100.0% |
| Restoration 1 | 1 | $150K | 0.0% |
| BlueFrog Plumbing + Drain | 1 | $233K | 0.0% |
| Country Inn & Suites by Radiss | 1 | $2.8M | 0.0% |
| Cambria by Choice Hotels | 1 | $5.0M | 100.0% |
| Petromark, Inc. - Fuel Supply | 1 | $790K | — |
Lending volume by year
1'17
8'18
15'19
3'20
4'21
3'22
1'24
1'25
Geographic exposure
1530.0%
580.0%
450.0%
2—
10.0%
1100.0%
10.0%
1—
1—
10.0%
Portfolio summary
Total funded$34.9M
Defaults9 of 36
Risk tierCRITICAL
Avg rate7.42%
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%).