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SBA 7(a) franchise lending portfolio
Sullivan Bank
EXCELLENT risk
- Total loans
- 10
- Loan volume
- $2.8M
- Avg loan size
- $278K
- Default rate
- 0.0%
- vs 15.4% national avg
Defaults
0
Avg interest
6.92%
Franchises funded
6
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Chrysler | 3 | $1.2M | 0.0% |
| Culligan Soft Water Service | 2 | $698K | 0.0% |
| Corporate Cleaning Group | 2 | $250K | 0.0% |
| True Value Hardware | 1 | $68K | 0.0% |
| Valvoline Instant Oil Change | 1 | $300K | 0.0% |
| Temporary Franchises | 1 | $235K | 0.0% |
Lending volume by year
1'94
1'95
1'96
1'98
1'99
1'01
1'02
1'09
1'20
1'23
Geographic exposure
100.0%
Portfolio summary
Total funded$2.8M
Defaults0 of 10
Risk tierEXCELLENT
Avg rate6.92%
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%).