TB
SBA 7(a) franchise lending portfolio
Trustmark Bank
Risk rating: Average
- Total loans
- 207
- Loan volume
- $41.7M
- Avg loan size
- $202K
- Charge-off rate
- 12.4%
- vs 16.0% national
Charged off
23
Avg interest
6.05%
Franchises funded
101
Risk rating
Average
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Sports Clips | 40 | $5.2M | 5.0% (good) |
| Fox's Pizza Den | 7 | $464K | N/A |
| Crust Pizza Co. | 6 | $5.5M | N/A |
| Fleet Feet | 6 | $670K | N/A |
| Subway Sandwich Shop | 5 | $483K | N/A |
| Jackson Hewitt Tax Service | 5 | $530K | N/A |
| Pizza Inn | 4 | $489K | N/A |
| Mail Boxes Etc. Usa | 4 | $378K | N/A |
| Children's Lighthouse | 4 | $3.3M | N/A |
| Cartridge World | 3 | $227K | N/A |
| Tcby | 3 | $260K | N/A |
| Minuteman Press | 3 | $1.1M | N/A |
| Glass Doctor | 3 | $209K | N/A |
| Domino's | 3 | $519K | N/A |
| Papa John's Pizza | 3 | $239K | N/A |
| Freedom Boat Club | 3 | $512K | N/A |
| Hi Fi Cruisin', Inc. | 2 | $90K | N/A |
| Dairy Queen | 2 | $387K | N/A |
| General Nutrition Center | 2 | $132K | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1992 | 2 |
| FY1993 | 2 |
| FY1994 | 4 |
| FY1995 | 7 |
| FY1996 | 2 |
| FY1997 | 3 |
| FY1998 | 2 |
| FY1999 | 5 |
| FY2000 | 6 |
| FY2001 | 11 |
| FY2002 | 13 |
| FY2003 | 24 |
| FY2004 | 10 |
| FY2005 | 11 |
| FY2006 | 7 |
| FY2007 | 10 |
| FY2008 | 9 |
| FY2009 | 5 |
| FY2010 | 6 |
| FY2011 | 7 |
| FY2012 | 4 |
| FY2013 | 10 |
| FY2014 | 7 |
| FY2015 | 5 |
| FY2016 | 8 |
| FY2017 | 4 |
| FY2018 | 1 |
| FY2019 | 2 |
| FY2020 | 1 |
| FY2021 | 3 |
| FY2022 | 2 |
| FY2023 | 3 |
| FY2024 | 6 |
| FY2025 | 5 |
SBA 7(a) · charge-off rate by approval year
Trustmark Bank: below all franchise loans in each of the 7 rated years
Hollow rings on the axis: years with fewer than 10 resolved loans, not rated (too few to judge). Their numbers are in the table.
Show the numbers by year
| Year | Resolved | Charged off | Rate |
|---|---|---|---|
| 1994 | 4 | 1 | Too few |
| 1995 | 7 | 3 | Too few |
| 1997 | 3 | 1 | Too few |
| 1999 | 5 | 1 | Too few |
| 2000 | 6 | 0 | Too few |
| 2001 | 11 | 2 | 18.2% |
| 2002 | 13 | 2 | 15.4% |
| 2003 | 24 | 3 | 12.5% |
| 2004 | 10 | 2 | 20.0% |
| 2005 | 11 | 1 | 9.1% |
| 2006 | 7 | 1 | Too few |
| 2007 | 10 | 1 | 10.0% |
| 2008 | 9 | 1 | Too few |
| 2009 | 5 | 0 | Too few |
| 2010 | 6 | 2 | Too few |
| 2011 | 7 | 0 | Too few |
| 2012 | 3 | 0 | Too few |
| 2013 | 10 | 0 | 0.0% |
| 2014 | 7 | 1 | Too few |
| 2015 | 5 | 0 | Too few |
| 2016 | 7 | 0 | Too few |
| 2017 | 3 | 0 | Too few |
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
9417.4% (elevated)
7210.3% (average)
156.7% (good)
130.0% (excellent)
6N/A
3N/A
1N/A
1N/A
1N/A
1N/A
Portfolio summary
Total funded$41.7M
Charged off23 of 207
Risk tierAverage
Avg rate6.05%
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 Trustmark Bank originated?
- 207 loans totaling $41.7M. The portfolio carries a 12.4% 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. Trustmark Bank's rate of 12.4% 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 Trustmark Bank fund the most?
- The “Top franchise exposures” table above lists the brands Trustmark 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.