TP
SBA 7(a) franchise lending portfolio
The Park National Bank
Risk rating: Average
- Total loans
- 78
- Loan volume
- $19.8M
- Avg loan size
- $254K
- Charge-off rate
- 10.8%
- vs 16.0% national
Charged off
7
Avg interest
6.42%
Franchises funded
51
Risk rating
Average
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Subway Sandwich Shop | 11 | $3.0M | N/A |
| Creno's Pizza | 7 | $845K | N/A |
| The UPS Store (f/k/a Mail Box | 5 | $529K | N/A |
| Jimmy John's | 4 | $2.9M | N/A |
| Sylvan Learning Center | 3 | $370K | N/A |
| Fox's Pizza Den | 2 | $120K | N/A |
| All Tune And Lube | 2 | $110K | N/A |
| Figaro's Italian Pizza | 2 | $225K | N/A |
| Whit's Frozen Custard | 2 | $181K | N/A |
| Domino's | 2 | $300K | N/A |
| Knights Inn | 1 | $720K | N/A |
| Cinnabun | 1 | $10K | N/A |
| Cinnamonster (retail - Sweetro | 1 | $88K | N/A |
| Best Western Inn | 1 | $805K | N/A |
| Post Net | 1 | $65K | N/A |
| Great Harvest Bread Co. | 1 | $80K | N/A |
| Yogi Bear's Jellystone Park | 1 | $235K | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1994 | 1 |
| FY1995 | 1 |
| FY1996 | 3 |
| FY1997 | 3 |
| FY1999 | 5 |
| FY2000 | 1 |
| FY2001 | 3 |
| FY2002 | 2 |
| FY2003 | 3 |
| FY2004 | 5 |
| FY2005 | 5 |
| FY2006 | 1 |
| FY2007 | 1 |
| FY2008 | 5 |
| FY2009 | 1 |
| FY2010 | 2 |
| FY2011 | 1 |
| FY2012 | 1 |
| FY2013 | 2 |
| FY2014 | 2 |
| FY2015 | 1 |
| FY2016 | 2 |
| FY2017 | 1 |
| FY2018 | 10 |
| FY2019 | 1 |
| FY2020 | 1 |
| FY2021 | 1 |
| FY2022 | 6 |
| FY2023 | 4 |
| FY2025 | 2 |
| FY2026 | 1 |
SBA 7(a) · charge-off rate by approval year
The Park National Bank charge-off rate by loan vintage
Only 1 of these 9 approval years has 10 or more resolved loans, too few to draw a trend. Each year’s numbers are in the table below.
Show the numbers by year
| Year | Resolved | Charged off | Rate |
|---|---|---|---|
| 1996 | 3 | 0 | Too few |
| 1997 | 3 | 0 | Too few |
| 1999 | 5 | 0 | Too few |
| 2001 | 3 | 0 | Too few |
| 2003 | 3 | 0 | Too few |
| 2004 | 5 | 3 | Too few |
| 2005 | 5 | 3 | Too few |
| 2008 | 5 | 1 | Too few |
| 2018 | 10 | 0 | 0.0% |
Source and method
SBA 7(a) FOIA loan records. Rate: charged-off loans over resolved loans (paid in full plus charged off) for loans approved that year; it moves as loans are resolved.
Geographic exposure
Portfolio summary
Total funded$19.8M
Charged off7 of 78
Risk tierAverage
Avg rate6.42%
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 Park National Bank originated?
- 78 loans totaling $19.8M. The portfolio carries a 10.8% 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). Across SBA 7(a) franchise lending, the national charge-off rate is 16.0% over 94,550 resolved loans.Portfolios materially above that signal either riskier franchise selection or weaker underwriting. The Park National Bank's rate of 10.8% is below the national rate.
- 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 Park National Bank fund the most?
- The “Top franchise exposures” table above lists the brands The Park 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.