TB
SBA 7(a) franchise lending portfolio
Timberland Bank
CRITICAL risk
- Total loans
- 20
- Loan volume
- $8.7M
- Avg loan size
- $435K
- Charge-off rate
- 21.4%
- vs 15.4% national avg
Defaults
3
Avg interest
6.91%
Franchises funded
13
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Anytime Fitness | 3 | $1.5M | 0.0% (low risk) |
| Line-X | 3 | $1.6M | 0.0% (low risk) |
| Golf U.s.a. (retail Golf Equip | 2 | $545K | 100.0% (very high risk) |
| Directbuy, Inc. | 2 | $220K | 0.0% (low risk) |
| Sharetea | 2 | $1.7M | N/A |
| Meineke (co/Brand W/ Existing | 1 | $228K | 0.0% (low risk) |
| Supercuts | 1 | $100K | 100.0% (very high risk) |
| Eggs Up Grill | 1 | $135K | 0.0% (low risk) |
| Cold Stone Creamery | 1 | $110K | 0.0% (low risk) |
| AdvantaClean | 1 | $150K | N/A |
| Christensen Inc. dba Powell Pr | 1 | $556K | N/A |
| Paris Baguette | 1 | $1.3M | N/A |
| Meineke Car Care Center | 1 | $400K | N/A |
Lending volume by year
2'09
3'10
4'11
1'15
2'17
1'19
1'20
1'21
1'22
2'23
1'24
1'25
Geographic exposure
1923.1% (very high risk)
10.0% (low risk)
Portfolio summary
Total funded$8.7M
Defaults3 of 20
Risk tierCRITICAL
Avg rate6.91%
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 Timberland Bank originated?
- 20 loans totaling $8.7M. The portfolio carries a 21.4% charge-off rate, earning a “CRITICAL” 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 Timberland Bank fund the most?
- The “Top franchise exposures” table above lists the brands Timberland 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.