SBA 7(a) franchise lending portfolio
Valley National Bank
- Total loans
- 385
- Loan volume
- $130.5M
- Avg loan size
- $339K
- Charge-off rate
- 15.9%
- vs 16.0% national
Charged off
53
Avg interest
7.50%
Franchises funded
168
Risk rating
Elevated
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Quiznos | 38 | $6.9M | 10.5% (average) |
| Subway Sandwich Shop | 28 | $4.0M | 21.4% (high risk) |
| Hollywood Tans | 26 | $5.9M | 16.0% (elevated) |
| Rita's Real Italian Water Ice | 12 | $2.4M | 16.7% (elevated) |
| Edible Arrangements | 11 | $1.7M | 9.1% (good) |
| Dunkin Donuts | 10 | $5.0M | 0.0% (excellent) |
| Goddard Early Learning Center | 10 | $3.8M | 0.0% (excellent) |
| Matco Tools (rent Tools) | 7 | $627K | N/A |
| Mail Boxes Etc. Usa | 7 | $1.2M | N/A |
| Tropical Smoothie Cafe | 7 | $3.4M | N/A |
| Dairy Queen | 6 | $1.3M | N/A |
| AAMCO Transmissions | 5 | $1.1M | N/A |
| Carvel Ice Cream | 5 | $912K | N/A |
| Foxtail Coffee Co | 5 | $2.8M | N/A |
| Petrucci's Dairy Barn | 4 | $492K | N/A |
| Blimpie | 4 | $347K | N/A |
| Shake A Paw Puppies | 3 | $266K | N/A |
| Domino's Pizza | 3 | $570K | N/A |
| Gold's Gym | 3 | $1.5M | N/A |
| Manhattan Bagel Co. | 3 | $360K | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1992 | 3 |
| FY1993 | 1 |
| FY1994 | 7 |
| FY1996 | 7 |
| FY1997 | 16 |
| FY1998 | 10 |
| FY1999 | 11 |
| FY2000 | 10 |
| FY2001 | 20 |
| FY2002 | 35 |
| FY2003 | 51 |
| FY2004 | 28 |
| FY2005 | 32 |
| FY2006 | 12 |
| FY2007 | 23 |
| FY2008 | 11 |
| FY2009 | 1 |
| FY2010 | 1 |
| FY2011 | 1 |
| FY2012 | 3 |
| FY2013 | 2 |
| FY2014 | 5 |
| FY2015 | 2 |
| FY2016 | 4 |
| FY2017 | 5 |
| FY2018 | 18 |
| FY2019 | 13 |
| FY2020 | 2 |
| FY2021 | 8 |
| FY2022 | 10 |
| FY2023 | 11 |
| FY2024 | 11 |
| FY2025 | 9 |
| FY2026 | 2 |
SBA 7(a) · charge-off rate by approval year
Valley National Bank: below all franchise loans in 8 of 12 rated years
Hollow rings on the axis: years with fewer than 10 resolved loans, not rated (too few to judge; recent years are 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 | 3 | 0 | Too few |
| 1994 | 7 | 3 | Too few |
| 1996 | 7 | 0 | Too few |
| 1997 | 15 | 0 | 0.0% |
| 1998 | 10 | 2 | 20.0% |
| 1999 | 10 | 1 | 10.0% |
| 2000 | 9 | 2 | Too few |
| 2001 | 20 | 4 | 20.0% |
| 2002 | 35 | 2 | 5.7% |
| 2003 | 50 | 9 | 18.0% |
| 2004 | 28 | 4 | 14.3% |
| 2005 | 32 | 8 | 25.0% |
| 2006 | 12 | 4 | 33.3% |
| 2007 | 22 | 7 | 31.8% |
| 2008 | 11 | 4 | 36.4% |
| 2012 | 3 | 0 | Too few |
| 2014 | 5 | 0 | Too few |
| 2016 | 4 | 0 | Too few |
| 2017 | 5 | 0 | Too few |
| 2018 | 14 | 2 | 14.3% |
| 2019 | 8 | 0 | Too few |
| 2021 | 6 | 0 | Too early |
Dashed line: all franchise 7(a) loans approved the same year.
Source and method
Geographic exposure
Portfolio summary
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 Valley National Bank originated?
- 385 loans totaling $130.5M. The portfolio carries a 15.9% charge-off rate, earning a “Elevated” 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. Valley National Bank's rate of 15.9% is near 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 Valley National Bank fund the most?
- The “Top franchise exposures” table above lists the brands Valley National 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.