![The Stephenson National Bank and Trust logo](https://cdn.brandfetch.io/stephensonnationalbankandtrust.com/w/128/h/128/fallback/lettermark?c=<img src="https://cdn.brandfetch.io/domain/apple.com?c=1idsvcTjLv919Ax0E2s" alt="Logo by Brandfetch" />){kind=small}
SBA 7(a) franchise lending portfolio
The Stephenson National Bank and Trust
CRITICAL risk
- Total loans
- 16
- Loan volume
- $12.7M
- Avg loan size
- $794K
- Default rate
- 20.0%
- vs 15.4% national avg
Defaults
2
Avg interest
5.27%
Franchises funded
11
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Econo Lodge by Choice Hotels/E | 4 | $1.9M | 0.0% |
| Super 8 by Wyndhan | 2 | $1.8M | 0.0% |
| Piggly Wiggly | 2 | $977K | — |
| Ramada Inn | 1 | $1.1M | 0.0% |
| Cousins Submarines (restaurant | 1 | $162K | 0.0% |
| Honda | 1 | $535K | 100.0% |
| Signarama | 1 | $135K | 100.0% |
| Little Ceasar's Pizza | 1 | $307K | 0.0% |
| Super 8 | 1 | $1.5M | 0.0% |
| Titletown Oil Corp. (Shell) Re | 1 | $949K | — |
| Rodeway Inn by Choice Hotels/R | 1 | $3.4M | — |
Lending volume by year
1'94
1'08
2'10
1'12
2'18
3'20
3'21
3'22
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%).