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SBA 7(a) franchise lending portfolio
The Farmers and Merchants State Bank
EXCELLENT risk
- Total loans
- 11
- Loan volume
- $5.7M
- Avg loan size
- $516K
- Default rate
- 0.0%
- vs 15.4% national avg
Defaults
0
Avg interest
7.53%
Franchises funded
10
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Au Bon Pain | 2 | $3.3M | 0.0% |
| Coast-To-Coast Store | 1 | $117K | 0.0% |
| Dairy Queen | 1 | $133K | 0.0% |
| Woodhouse Day Spa-Parkland (th | 1 | $415K | 0.0% |
| Subway | 1 | $391K | 0.0% |
| Once Upon A Child | 1 | $150K | 0.0% |
| Biggby Coffee | 1 | $280K | 0.0% |
| Pure Barre | 1 | $240K | — |
| Barry Bagels | 1 | $200K | — |
| Hungry Howie's | 1 | $501K | — |
Lending volume by year
1'93
1'96
1'06
1'14
2'15
1'17
1'21
1'24
2'25
Geographic exposure
Portfolio summary
Total funded$5.7M
Defaults0 of 11
Risk tierEXCELLENT
Avg rate7.53%
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%).