WS
SBA 7(a) franchise lending portfolio
Wachovia SBA Lending, Inc.
Risk rating: Excellent
- Total loans
- 192
- Loan volume
- $127.4M
- Avg loan size
- $664K
- Charge-off rate
- 2.6%
- vs 16.0% national
Charged off
5
Avg interest
N/A
Franchises funded
91
Risk rating
Excellent
Top franchise exposures
| Franchise | Loans | Volume | Charge-off % |
|---|---|---|---|
| Big O Tires | 17 | $11.9M | 0.0% (excellent) |
| Dairy Queen | 10 | $5.0M | 0.0% (excellent) |
| Mail Boxes Etc. Usa | 6 | $1.4M | N/A |
| Subway Sandwich Shop | 6 | $2.1M | N/A |
| Grease Monkey | 6 | $5.7M | N/A |
| MAACO Auto Painting Center | 5 | $2.5M | N/A |
| Primrose School (daycare) | 5 | $8.2M | N/A |
| Days Inn | 4 | $3.6M | N/A |
| Bw-3 (buffalo Wings And Weck) | 4 | $2.0M | N/A |
| Dunkin Donuts | 4 | $2.4M | N/A |
| Melting Pot | 4 | $870K | N/A |
| Servicemaster | 4 | $1.5M | N/A |
| Arco (gas Station) | 4 | $4.4M | N/A |
| Sonic | 4 | $4.0M | N/A |
| Kids R Kids | 4 | $5.7M | N/A |
| Pearle Vision Center | 3 | $1.1M | N/A |
| Domino's Pizza | 3 | $480K | N/A |
| Sears Catalog Store | 3 | $1.3M | N/A |
| Arby's | 3 | $2.3M | N/A |
| Togo's Eatery | 3 | $1.9M | N/A |
Lending volume by year
Show the numbers by year
| Fiscal year | Loans |
|---|---|
| FY1992 | 2 |
| FY1994 | 4 |
| FY1995 | 8 |
| FY1996 | 3 |
| FY1997 | 1 |
| FY1999 | 41 |
| FY2000 | 33 |
| FY2001 | 20 |
| FY2002 | 25 |
| FY2003 | 21 |
| FY2004 | 25 |
| FY2005 | 7 |
| FY2006 | 1 |
| FY2007 | 1 |
SBA 7(a) · charge-off rate by approval year
Wachovia SBA Lending, Inc.: no charge-offs among resolved loans in the 6 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 | 2 | Too few |
| 1995 | 8 | 1 | Too few |
| 1996 | 3 | 1 | Too few |
| 1999 | 41 | 0 | 0.0% |
| 2000 | 33 | 0 | 0.0% |
| 2001 | 20 | 0 | 0.0% |
| 2002 | 25 | 0 | 0.0% |
| 2003 | 21 | 0 | 0.0% |
| 2004 | 25 | 0 | 0.0% |
| 2005 | 7 | 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
283.6% (excellent)
2015.0% (elevated)
170.0% (excellent)
170.0% (excellent)
9N/A
8N/A
8N/A
8N/A
8N/A
6N/A
Portfolio summary
Total funded$127.4M
Charged off5 of 192
Risk tierExcellent
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 Wachovia SBA Lending, Inc. originated?
- 192 loans totaling $127.4M. The portfolio carries a 2.6% charge-off rate, earning a “Excellent” 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. Wachovia SBA Lending, Inc.'s rate of 2.6% 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 Wachovia SBA Lending, Inc. fund the most?
- The “Top franchise exposures” table above lists the brands Wachovia SBA Lending, Inc. has the largest concentration in. Click any brand to see its full FDD-disclosed financials, growth trajectory, and SBA loan performance across all lenders.