SS
SBA 7(a) franchise lending portfolio
Summit State Bank
EXCELLENT risk
- Total loans
- 64
- Loan volume
- $176.4M
- Avg loan size
- $2.8M
- Charge-off rate
- 0.0%
- vs 15.4% national avg
Defaults
0
Avg interest
6.68%
Franchises funded
38
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Motel 6 | 13 | $49.8M | 0.0% (low risk) |
| AM/PM Mini-Mart Agreement - AR | 4 | $17.6M | 0.0% (low risk) |
| Arco (BP) Contract Dealer Gaso | 3 | $10.9M | 0.0% (low risk) |
| Chevron - Retail Supply Contra | 3 | $6.5M | 0.0% (low risk) |
| Super 8 by Wyndhan | 3 | $6.0M | 0.0% (low risk) |
| Best Western - Membership Agre | 3 | $8.5M | 0.0% (low risk) |
| Fairfield by Marriott/Fairfiel | 2 | $10.0M | N/A |
| Cheeky Monkeys | 2 | $1.0M | 0.0% (low risk) |
| El Pollo Loco | 2 | $4.3M | N/A |
| Packaging Store | 1 | $113K | 0.0% (low risk) |
| Quiznos | 1 | $275K | 0.0% (low risk) |
| Cold Stone Creamery, Inc. | 1 | $150K | 0.0% (low risk) |
| Circle K (C-store Agreement on | 1 | $1.5M | N/A |
| WoodSpring Suites by Choice Ho | 1 | $5.0M | 0.0% (low risk) |
| Togo's Eatery | 1 | $163K | 0.0% (low risk) |
| Boyett Petroleum -(Valero) B | 1 | $1.5M | 0.0% (low risk) |
| Pita Jungle | 1 | $1.1M | N/A |
| Farmers Insurance Exchange - R | 1 | $250K | N/A |
| Baymont by Wyndham aka Baymont | 1 | $2.3M | N/A |
| Phillips 66 Branded Reseller A | 1 | $2.7M | N/A |
Lending volume by year
2'04
1'05
1'11
2'18
6'19
13'20
18'21
6'22
2'23
5'24
6'25
2'26
Summit State Bank charge-off rate by loan vintage
BrandNational avg
Geographic exposure
410.0% (low risk)
110.0% (low risk)
60.0% (low risk)
30.0% (low risk)
1N/A
1N/A
1N/A
Portfolio summary
Total funded$176.4M
Defaults0 of 64
Risk tierEXCELLENT
Avg rate6.68%
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 Summit State Bank originated?
- 64 loans totaling $176.4M. The portfolio carries a 0.0% charge-off rate, earning a “EXCELLENT” 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 Summit State Bank fund the most?
- The “Top franchise exposures” table above lists the brands Summit State 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.