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SBA 7(a) franchise lending portfolio
The State Bank and Trust Company
EXCELLENT risk
- Total loans
- 38
- Loan volume
- $16.5M
- Avg loan size
- $435K
- Default rate
- 3.6%
- vs 15.4% national avg
Defaults
1
Avg interest
6.86%
Franchises funded
29
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| KFC | 4 | $2.6M | 0.0% |
| Smoothie King | 4 | $2.0M | 0.0% |
| H&r Block | 2 | $727K | 0.0% |
| Wings Over | 2 | $352K | 0.0% |
| Ace Hardware | 2 | $832K | — |
| Dairy Queen | 1 | $198K | 0.0% |
| East Of Chicago Pizza | 1 | $213K | 100.0% |
| Buffalo Wild Wings (f/K/A Bw-3 | 1 | $400K | 0.0% |
| Subway | 1 | $296K | 0.0% |
| Mosquito Squad | 1 | $100K | 0.0% |
| The Casual Pint | 1 | $338K | 0.0% |
| Scramblers | 1 | $350K | 0.0% |
| Scrambler Marie's | 1 | $500K | 0.0% |
| The UPS Store | 1 | $222K | 0.0% |
| Biggby Coffee | 1 | $230K | 0.0% |
| H&R Block - Franchise License | 1 | $222K | 0.0% |
| Ace Hardware | 1 | $775K | 0.0% |
| Handel's Homemade Ice Cream Si | 1 | $321K | 0.0% |
| United Dairy Farmers, Inc. | 1 | $2.2M | — |
| Belleria Pizzeria | 1 | $576K | — |
Lending volume by year
1'06
2'08
4'13
2'14
3'15
1'16
1'17
6'18
4'19
4'20
3'22
5'23
2'25
The State Bank and Trust Company default rate by loan vintage
BrandNational avg
Geographic exposure
Portfolio summary
Total funded$16.5M
Defaults1 of 38
Risk tierEXCELLENT
Avg rate6.86%
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%).