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SBA 7(a) franchise lending portfolio
Timberland Bank
CRITICAL risk
- Total loans
- 20
- Loan volume
- $8.7M
- Avg loan size
- $435K
- Default 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% |
| Line-X | 3 | $1.6M | 0.0% |
| Golf U.s.a. (retail Golf Equip | 2 | $545K | 100.0% |
| Directbuy, Inc. | 2 | $220K | 0.0% |
| Sharetea | 2 | $1.7M | — |
| Meineke (co/Brand W/ Existing | 1 | $228K | 0.0% |
| Supercuts | 1 | $100K | 100.0% |
| Eggs Up Grill | 1 | $135K | 0.0% |
| Cold Stone Creamery | 1 | $110K | 0.0% |
| AdvantaClean | 1 | $150K | — |
| Christensen Inc. dba Powell Pr | 1 | $556K | — |
| Paris Baguette | 1 | $1.3M | — |
| Meineke Car Care Center | 1 | $400K | — |
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%
10.0%
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
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%).