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SBA 7(a) franchise lending portfolio
The Park National Bank
AVERAGE risk
- Total loans
- 78
- Loan volume
- $19.8M
- Avg loan size
- $254K
- Default rate
- 10.8%
- vs 15.4% national avg
Defaults
7
Avg interest
6.42%
Franchises funded
51
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Creno's Pizza | 7 | $845K | 0.0% |
| Subway Sandwich Shop | 5 | $343K | 0.0% |
| Jimmy John's | 4 | $2.9M | — |
| Sylvan Learning Center | 3 | $370K | 66.7% |
| Subway | 3 | $1.2M | 0.0% |
| The UPS Store (f/k/a Mail Box | 3 | $399K | 0.0% |
| Subway | 3 | $1.4M | 0.0% |
| Fox's Pizza Den | 2 | $120K | 0.0% |
| All Tune And Lube | 2 | $110K | 0.0% |
| Mail Boxes Etc. Usa | 2 | $130K | 50.0% |
| Figaro's Italian Pizza | 2 | $225K | 100.0% |
| Whit's Frozen Custard | 2 | $181K | 0.0% |
| Domino's | 2 | $300K | 0.0% |
| Knights Inn | 1 | $720K | 0.0% |
| Cinnabun | 1 | $10K | 0.0% |
| Cinnamonster (retail - Sweetro | 1 | $88K | 0.0% |
| Best Western Inn | 1 | $805K | 0.0% |
| Post Net | 1 | $65K | 0.0% |
| Great Harvest Bread Co. | 1 | $80K | 0.0% |
| Yogi Bear's Jellystone Park | 1 | $235K | 0.0% |
Lending volume by year
1'94
1
3
3
5
1'00
3
2
3
5
5'05
1
1
5
1
2'10
1
1
2
2
1'15
2
1
10
1
1'20
1
6
4
2
1'26
The Park National Bank default rate by loan vintage
BrandNational avg
Geographic exposure
Portfolio summary
Total funded$19.8M
Defaults7 of 78
Risk tierAVERAGE
Avg rate6.42%
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%).