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SBA 7(a) franchise lending portfolio
The Canandaigua National Bank and Trust Company
ELEVATED risk
- Total loans
- 18
- Loan volume
- $2.6M
- Avg loan size
- $143K
- Default rate
- 17.6%
- vs 15.4% national avg
Defaults
3
Avg interest
4.98%
Franchises funded
15
Risk rating
ELEVATED
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Ace Hardware | 3 | $515K | 0.0% |
| Creme Da La Creme | 2 | $75K | 100.0% |
| Health Force, Inc. | 1 | $100K | 0.0% |
| Arby's | 1 | $150K | 0.0% |
| Street Corner News | 1 | $75K | 0.0% |
| Val Pak | 1 | $75K | 0.0% |
| UPS Store | 1 | $85K | 0.0% |
| Padgett Business Services | 1 | $265K | 0.0% |
| Comfort Keepers | 1 | $525K | 0.0% |
| Pearle Vision Center | 1 | $150K | 0.0% |
| Ilovekickboxing.com | 1 | $90K | 0.0% |
| Little Ceasar's Pizza | 1 | $225K | 0.0% |
| Subway Sandwich Shop | 1 | $57K | 100.0% |
| Minuteman Press | 1 | $100K | 0.0% |
| Fibrenew | 1 | $81K | — |
Lending volume by year
1'99
1'01
1'05
3'07
1'09
2'10
1'11
2'12
1'14
3'15
1'17
1'21
Geographic exposure
1817.6%
Portfolio summary
Total funded$2.6M
Defaults3 of 18
Risk tierELEVATED
Avg rate4.98%
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%).