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SBA 7(a) franchise lending portfolio
Ventura County CU
AVERAGE risk
- Total loans
- 15
- Loan volume
- $5.7M
- Avg loan size
- $382K
- Default rate
- 14.3%
- vs 15.4% national avg
Defaults
2
Avg interest
6.67%
Franchises funded
13
Risk rating
AVERAGE
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| The UPS Store | 3 | $745K | 0.0% |
| Bruster's | 1 | $310K | 0.0% |
| The Pie Hole | 1 | $150K | 0.0% |
| Tae Ryong Taekwondo School | 1 | $103K | 0.0% |
| MidiCi | 1 | $725K | 100.0% |
| Dog Haus | 1 | $266K | 0.0% |
| Popbar | 1 | $240K | 0.0% |
| Fedex Ground | 1 | $101K | 0.0% |
| Ziggi's Coffee | 1 | $260K | 0.0% |
| Maid Brigade | 1 | $83K | 0.0% |
| Wanna Play Playcare | 1 | $240K | 100.0% |
| UFC Gym | 1 | $1.2M | 0.0% |
| Black Bear Diner | 1 | $1.3M | 0.0% |
Lending volume by year
1'14
1'15
1'16
6'17
1'18
3'19
1'20
1'21
Geographic exposure
1514.3%
Portfolio summary
Total funded$5.7M
Defaults2 of 15
Risk tierAVERAGE
Avg rate6.67%
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%).