TB
SBA 7(a) franchise lending portfolio
Time Bank
CRITICAL risk
- Total loans
- 27
- Loan volume
- $3.6M
- Avg loan size
- $134K
- Charge-off rate
- 30.8%
- vs 15.4% national avg
Defaults
8
Avg interest
6.15%
Franchises funded
17
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Rocky Mountain Chocolate Facto | 5 | $335K | 40.0% (very high risk) |
| Play It Again Sports (retail S | 2 | $152K | 0.0% (low risk) |
| Subway Sandwich Shop | 2 | $215K | 0.0% (low risk) |
| Papa Murphy's Take & Bake Pizz | 2 | $190K | 0.0% (low risk) |
| Shoes-N-Feet | 2 | $45K | 50.0% (very high risk) |
| Closet Tailors | 2 | $50K | 0.0% (low risk) |
| Cornwell Quality Tool Company, | 2 | $173K | 0.0% (low risk) |
| Floor Covering International | 1 | $20K | 0.0% (low risk) |
| Hobbytown Usa | 1 | $140K | 0.0% (low risk) |
| Premier Rental Purchase | 1 | $600K | 100.0% (very high risk) |
| Wsi Ice Business | 1 | $90K | 100.0% (very high risk) |
| Diet Center | 1 | $40K | 100.0% (very high risk) |
| Panchero's Mexican Grill | 1 | $611K | 0.0% (low risk) |
| Mailboxes & Parcel Depot | 1 | $150K | 100.0% (very high risk) |
| Little Ceasar's Pizza | 1 | $500K | 0.0% (low risk) |
| Bevintel (f/K/A Bevinco) | 1 | $65K | 100.0% (very high risk) |
| Mooyah | 1 | $250K | N/A |
Lending volume by year
1'93
1'94
2'95
1'97
1'00
1'02
1'03
5'04
3'05
2'07
4'08
2'09
2'12
1'21
Time Bank charge-off rate by loan vintage
BrandNational avg
Geographic exposure
Portfolio summary
Total funded$3.6M
Defaults8 of 27
Risk tierCRITICAL
Avg rate6.15%
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 Time Bank originated?
- 27 loans totaling $3.6M. The portfolio carries a 30.8% 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 Time Bank fund the most?
- The “Top franchise exposures” table above lists the brands Time 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.