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SBA 7(a) franchise lending portfolio
Wasatch Peaks FCU
CRITICAL risk
- Total loans
- 10
- Loan volume
- $1.6M
- Avg loan size
- $160K
- Default rate
- 20.0%
- vs 15.4% national avg
Defaults
1
Avg interest
6.25%
Franchises funded
5
Risk rating
CRITICAL
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| FiiZ Drinks | 5 | $717K | 0.0% |
| Cinch I.T. | 2 | $430K | — |
| Snap Fitness | 1 | $50K | 100.0% |
| Crumbl | 1 | $206K | 0.0% |
| The Back Nine | 1 | $200K | — |
Lending volume by year
1'11
1'16
1'20
2'21
1'22
1'23
1'24
2'25
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%).