TF
SBA 7(a) franchise lending portfolio
The Farmers National Bank of Canfield
AVERAGE risk
- Total loans
- 31
- Loan volume
- $4.8M
- Avg loan size
- $154K
- Charge-off rate
- 10.3%
- vs 15.4% national avg
Defaults
3
Avg interest
6.34%
Franchises funded
18
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Belleria Pizzaria | 7 | $640K | 14.3% (elevated risk) |
| Subway Sandwich Shop | 6 | $832K | 0.0% (low risk) |
| Convenient Food Mart | 2 | $175K | 0.0% (low risk) |
| Goodyear Tire | 2 | $330K | 0.0% (low risk) |
| Domino's Pizza | 1 | $21K | 0.0% (low risk) |
| MAACO Auto Painting Center | 1 | $95K | 100.0% (very high risk) |
| Rax Restaurant | 1 | $400K | 0.0% (low risk) |
| NAPA Auto Parts | 1 | $74K | 100.0% (very high risk) |
| Dairy Queen | 1 | $210K | 0.0% (low risk) |
| Petland | 1 | $150K | 0.0% (low risk) |
| Jimmy John's | 1 | $338K | 0.0% (low risk) |
| Quiznos | 1 | $120K | 0.0% (low risk) |
| Robeks Juice | 1 | $220K | 0.0% (low risk) |
| Tim Horton Donuts | 1 | $125K | 0.0% (low risk) |
| Smartstyle | 1 | $99K | 0.0% (low risk) |
| Dairy Queen Of The Pacific Nor | 1 | $102K | 0.0% (low risk) |
| USA Insulation | 1 | $225K | N/A |
| VIO Med Spa | 1 | $622K | N/A |
Lending volume by year
1'92
3'94
1'95
1'96
3'98
1'99
2'00
2'01
3'02
3'03
2'07
1'08
2'09
2'10
1'12
1'18
1'20
1'21
The Farmers National Bank of Canfield charge-off rate by loan vintage
BrandNational avg
Geographic exposure
Portfolio summary
Total funded$4.8M
Defaults3 of 31
Risk tierAVERAGE
Avg rate6.34%
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 The Farmers National Bank of Canfield originated?
- 31 loans totaling $4.8M. The portfolio carries a 10.3% charge-off rate, earning a “AVERAGE” 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 The Farmers National Bank of Canfield fund the most?
- The “Top franchise exposures” table above lists the brands The Farmers National Bank of Canfield has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.