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SBA 7(a) franchise lending portfolio
Trustmark Bank
AVERAGE risk
- Total loans
- 207
- Loan volume
- $41.7M
- Avg loan size
- $202K
- Default rate
- 12.4%
- vs 15.4% national avg
Defaults
23
Avg interest
6.05%
Franchises funded
101
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Sports Clips | 40 | $5.2M | 5.0% |
| Fox's Pizza Den | 7 | $464K | 0.0% |
| Crust Pizza Co. | 6 | $5.5M | — |
| Subway Sandwich Shop | 5 | $483K | 0.0% |
| Jackson Hewitt Tax Service | 5 | $530K | 0.0% |
| Pizza Inn | 4 | $489K | 25.0% |
| Mail Boxes Etc. Usa | 4 | $378K | 0.0% |
| Children's Lighthouse | 4 | $3.3M | 0.0% |
| Cartridge World | 3 | $227K | 0.0% |
| Tcby | 3 | $260K | 100.0% |
| Minuteman Press | 3 | $1.1M | 0.0% |
| Glass Doctor | 3 | $209K | 66.7% |
| Fleet Feet | 3 | $180K | 0.0% |
| Domino's | 3 | $519K | 0.0% |
| Papa John's Pizza | 3 | $239K | 0.0% |
| Freedom Boat Club | 3 | $512K | 0.0% |
| Fleet Feet Sports | 3 | $490K | 0.0% |
| Hi Fi Cruisin', Inc. | 2 | $90K | 100.0% |
| Dairy Queen | 2 | $387K | 0.0% |
| General Nutrition Center | 2 | $132K | 0.0% |
Lending volume by year
2'92
2
4
7
2
3'97
2
5
6
11
13'02
24
10
11
7
10'07
9
5
6
7
4'12
10
7
5
8
4'17
1
2
1
3
2'22
3
6
5'25
Trustmark Bank default rate by loan vintage
BrandNational avg
Geographic exposure
9417.4%
7210.3%
156.7%
130.0%
616.7%
30.0%
10.0%
10.0%
10.0%
10.0%
Portfolio summary
Total funded$41.7M
Defaults23 of 207
Risk tierAVERAGE
Avg rate6.05%
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%).