SB
SBA 7(a) franchise lending portfolio
Stone Bank
CRITICAL risk
- Total loans
- 36
- Loan volume
- $34.9M
- Avg loan size
- $971K
- Charge-off 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% (very high risk) |
| Apple SpiceTM | 3 | $1.1M | 100.0% (very high risk) |
| Just Insurance Brokers | 2 | $185K | N/A |
| RockBox Fitness | 1 | $282K | N/A |
| Code Ninjas | 1 | $320K | 0.0% (low risk) |
| The Great Greek Mediterranean | 1 | $565K | 0.0% (low risk) |
| Twisted Root Burger Co. | 1 | $904K | N/A |
| Sunoco, LLC (Various Brands) F | 1 | $1.1M | 0.0% (low risk) |
| Fantastic Sams | 1 | $304K | 100.0% (very high risk) |
| Meineke Car Care Center | 1 | $238K | 0.0% (low risk) |
| NerdsToGo | 1 | $220K | 0.0% (low risk) |
| Mayweather Boxing & Fitness | 1 | $292K | 100.0% (very high risk) |
| Wayback Burgers | 1 | $317K | 100.0% (very high risk) |
| The Salad Station | 1 | $162K | 0.0% (low risk) |
| Burgerim | 1 | $427K | 100.0% (very high risk) |
| Restoration 1 | 1 | $150K | 0.0% (low risk) |
| BlueFrog Plumbing + Drain | 1 | $233K | 0.0% (low risk) |
| Country Inn & Suites by Radiss | 1 | $2.8M | 0.0% (low risk) |
| Cambria by Choice Hotels | 1 | $5.0M | 100.0% (very high risk) |
| Petromark, Inc. - Fuel Supply | 1 | $790K | N/A |
Lending volume by year
1'17
8'18
15'19
3'20
4'21
3'22
1'24
1'25
Geographic exposure
1530.0% (very high risk)
580.0% (very high risk)
450.0% (very high risk)
2N/A
10.0% (low risk)
1100.0% (very high risk)
10.0% (low risk)
1N/A
1N/A
10.0% (low risk)
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
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 Stone Bank originated?
- 36 loans totaling $34.9M. The portfolio carries a 39.1% 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 Stone Bank fund the most?
- The “Top franchise exposures” table above lists the brands Stone 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.