TH
SBA 7(a) franchise lending portfolio
The Huntington National Bank
AVERAGE risk
- Total loans
- 9,261
- Loan volume
- $2.6B
- Avg loan size
- $279K
- Charge-off rate
- 11.5%
- vs 15.4% national avg
Defaults
370
Avg interest
8.68%
Franchises funded
1,705
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| The UPS Store (f/k/a Mail Box | 134 | $29.5M | 0.0% (low risk) |
| X-Golf | 113 | $64.1M | 4.2% (low risk) |
| Mighty Dog Roofing | 109 | $23.4M | 11.1% (elevated risk) |
| Subway Sandwich Shop | 98 | $17.0M | 7.3% (moderate risk) |
| Ellie Mental Health | 97 | $15.7M | 9.1% (moderate risk) |
| Hotworx | 96 | $21.7M | 14.3% (elevated risk) |
| Gameday Men's Health/Gameday | 93 | $16.9M | 0.0% (low risk) |
| Alloy Personal Traning | 79 | $17.6M | 0.0% (low risk) |
| Subway | 73 | $11.0M | 5.6% (moderate risk) |
| Everline Coatings and Services | 68 | $13.2M | 0.0% (low risk) |
| D1T raining | 63 | $22.5M | 0.0% (low risk) |
| Bricks & Minifigs | 62 | $9.1M | 0.0% (low risk) |
| Biggby Coffee | 58 | $13.8M | 14.3% (elevated risk) |
| Hummus Republic | 58 | $14.3M | 0.0% (low risk) |
| iFoam | 55 | $22.3M | 28.6% (very high risk) |
| Floor Coverings International | 54 | $8.9M | 0.0% (low risk) |
| Pulp Juice and Smoothie Bar | 48 | $5.3M | 0.0% (low risk) |
| Fastsigns | 46 | $8.0M | 7.7% (moderate risk) |
| RestoPros | 46 | $7.7M | 0.0% (low risk) |
| Ace Hardware | 45 | $14.0M | 11.6% (elevated risk) |
Lending volume by year
10'92
20
30
64
52
64'97
50
60
73
36
57'02
103
107
69
27
53'07
83
63
67
65
107'12
80
189
248
238
280'17
252
263
237
418
949'22
1886
1367
1381
213'26
The Huntington National Bank charge-off rate by loan vintage
BrandNational avg
Shaded area: recent vintages with few resolved loans; rates may change as loans mature.
Geographic exposure
1,93211.8% (elevated risk)
1,18411.3% (elevated risk)
1,01214.4% (elevated risk)
5928.8% (moderate risk)
4345.9% (moderate risk)
41810.9% (elevated risk)
39019.2% (high risk)
3415.1% (moderate risk)
2710.0% (low risk)
26814.8% (elevated risk)
Portfolio summary
Total funded$2.6B
Defaults370 of 9,261
Risk tierAVERAGE
Avg rate8.68%
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 The Huntington National Bank originated?
- 9,261 loans totaling $2581.5M. The portfolio carries a 11.5% 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 Huntington National Bank fund the most?
- The “Top franchise exposures” table above lists the brands The Huntington National 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.