TB
SBA 7(a) franchise lending portfolio
Truist Bank
Risk rating: Average
- Total loans
- 1,505
- Loan volume
- $586.4M
- Avg loan size
- $390K
- Charge-off rate
- 11.4%
- vs 16.0% national
Charged off
154
Avg interest
5.96%
Franchises funded
629
Risk rating
Average
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Subway Sandwich Shop | 75 | $9.9M | 6.7% (good) |
| Mail Boxes Etc. Usa | 42 | $11.7M | 10.7% (average) |
| Kids R Kids | 29 | $37.5M | 11.1% (average) |
| Dunkin Donuts | 20 | $7.1M | 20.0% (high risk) |
| Domino's Pizza | 18 | $2.5M | 5.6% (good) |
| Dairy Queen | 13 | $6.0M | 0.0% (excellent) |
| Post Net | 12 | $1.1M | 16.7% (elevated) |
| Jersey Mike's (deli Restaurant | 12 | $1.3M | 0.0% (excellent) |
| Mellow Mushroom | 12 | $10.0M | 10.0% (average) |
| Econo Lodge Motel | 11 | $8.0M | 0.0% (excellent) |
| Matco Tools (rent Tools) | 11 | $959K | 27.3% (high risk) |
| Rita's Real Italian Water Ice | 11 | $2.4M | 9.1% (good) |
| Blimpie | 10 | $690K | 10.0% (average) |
| Schlotzsky's Sandwich Shop | 10 | $1.6M | 20.0% (high risk) |
| Comfort Inn | 10 | $10.3M | 0.0% (excellent) |
| Once Upon A Child | 10 | $1.6M | 0.0% (excellent) |
| Quiznos | 10 | $1.5M | 10.0% (average) |
| Bruster's | 9 | $4.2M | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1992 | 34 |
| FY1993 | 47 |
| FY1994 | 54 |
| FY1995 | 101 |
| FY1996 | 44 |
| FY1997 | 66 |
| FY1998 | 33 |
| FY1999 | 51 |
| FY2000 | 48 |
| FY2001 | 43 |
| FY2002 | 65 |
| FY2003 | 52 |
| FY2004 | 69 |
| FY2005 | 76 |
| FY2006 | 18 |
| FY2007 | 25 |
| FY2008 | 50 |
| FY2009 | 40 |
| FY2010 | 38 |
| FY2011 | 33 |
| FY2012 | 22 |
| FY2013 | 11 |
| FY2014 | 63 |
| FY2015 | 61 |
| FY2016 | 69 |
| FY2017 | 78 |
| FY2018 | 48 |
| FY2019 | 72 |
| FY2020 | 33 |
| FY2021 | 19 |
| FY2022 | 17 |
| FY2023 | 14 |
| FY2024 | 5 |
| FY2025 | 5 |
| FY2026 | 1 |
SBA 7(a) · charge-off rate by approval year
Truist Bank: below all franchise loans in 23 of 29 rated years
Hollow rings on the axis: years with fewer than 10 resolved loans, not rated (recent years: too early to judge while loans are still being repaid). Their numbers are in the table.
Show the numbers by year
| Year | Resolved | Charged off | Rate |
|---|---|---|---|
| 1992 | 34 | 4 | 11.8% |
| 1993 | 47 | 1 | 2.1% |
| 1994 | 54 | 9 | 16.7% |
| 1995 | 101 | 19 | 18.8% |
| 1996 | 44 | 3 | 6.8% |
| 1997 | 66 | 8 | 12.1% |
| 1998 | 33 | 3 | 9.1% |
| 1999 | 51 | 6 | 11.8% |
| 2000 | 48 | 6 | 12.5% |
| 2001 | 43 | 3 | 7.0% |
| 2002 | 64 | 9 | 14.1% |
| 2003 | 51 | 3 | 5.9% |
| 2004 | 67 | 11 | 16.4% |
| 2005 | 74 | 13 | 17.6% |
| 2006 | 11 | 6 | 54.5% |
| 2007 | 21 | 8 | 38.1% |
| 2008 | 48 | 17 | 35.4% |
| 2009 | 40 | 4 | 10.0% |
| 2010 | 37 | 1 | 2.7% |
| 2011 | 33 | 0 | 0.0% |
| 2012 | 22 | 1 | 4.5% |
| 2013 | 11 | 0 | 0.0% |
| 2014 | 62 | 4 | 6.5% |
| 2015 | 57 | 3 | 5.3% |
| 2016 | 63 | 5 | 7.9% |
| 2017 | 62 | 4 | 6.5% |
| 2018 | 37 | 2 | 5.4% |
| 2019 | 47 | 1 | 2.1% |
| 2020 | 15 | 0 | 0.0% |
| 2021 | 5 | 0 | Too early |
Dashed line: all franchise 7(a) loans approved the same year.
Source and method
SBA 7(a) FOIA loan records. Rate: charged-off loans over resolved loans (paid in full plus charged off) for loans approved that year; it moves as loans are resolved.
Geographic exposure
35611.9% (average)
2129.5% (good)
2098.9% (good)
15914.5% (average)
11711.6% (average)
1069.3% (good)
769.0% (good)
706.2% (good)
5818.8% (elevated)
3711.4% (average)
Portfolio summary
Total funded$586.4M
Charged off154 of 1,505
Risk tierAverage
Avg rate5.96%
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 Truist Bank originated?
- 1,505 loans totaling $586.4M. The portfolio carries a 11.4% charge-off rate, earning a “Average” risk rating.
- What is the charge-off rate and why does it matter?
- Charge-off rate = charge-offs / (charge-offs + paid-in-full). Across SBA 7(a) franchise lending, the national charge-off rate is 16.0% over 94,550 resolved loans.Portfolios materially above that signal either riskier franchise selection or weaker underwriting. Truist Bank's rate of 11.4% is below the national rate.
- 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 Truist Bank fund the most?
- The “Top franchise exposures” table above lists the brands Truist 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.